Why Buy a Flat in Wagholi, Pune

Wagholi is a happening realty area in Pune, which is equidistant from leading eastern suburbs. The development of Wagholi has made eastern Pune a sought after residential location. Wagholi is one of the peripheral areas of Pune gaining limelight presently due to various developments mushrooming here. The eastern areas of Pune have been in demand since the growth of the commercial sector. Major IT and other business companies are also increasingly setting up their base here. The vast stretch of Wagholi along the Nagar Road has attracted developers and residents alike. Wagholi is an extension of Kharadi. Wagholi is not completely exploited and is still in its initial phase of development. The social infrastructure is developing and new developments will promote the suburb. People who are looking for affordable housing as well as working in industrial areas of Nagar Road could find solace in Wagholi.
Its strategic location on Nagar Road and great connectivity with the airport, Sholapur Highway, Bund Garden and the Shikrapur-Chakan road makes it easily accessible. “The Nagar road has been widened to six lanes. Also, the area is proposed to be a tangent to the ring road which will be planned to surround the city and another plan for a brand new four-lane flyover linking Wagholi to Shikrapur, has been proposed. With so many upcoming developments, Wagholi has a very good scope for developing into a prominent residential and commercial hub for people interested in investing in the locality.

The social infrastructure is growing along with schools and hospitals in the area. Affordability, development and proximity to IT hubs are the other influencing factors that are causing developers, investors and home buyers to flock to this region. Wagholi has witnessed considerable social infrastructure development in the last five to six years. Its proximity to the Kharadi IT hub has led to the development of a number of malls, shopping centres, hotels and multiplexes in its vicinity. In addition to this, the residents of Wagholi have the advantage of the presence of several good educational institutions. Proximity to good clinics and hospitals, banks and ATMs, also make this locality a great place for living. There are many industries located on Nagar Road which are attracting both local people as well as qualified individuals to seek work opportunities in this area.

The residential property rates in this fast developing locality are varying from Rs. 3000 per sq. ft. to Rs. 4550 per sq. ft. depending on the precise location and features/amenities offered by the builder. With the area only showing a steady price appreciation since the last 2-4 years, Wagholi is definitely the ideal location in Pune for developers, investors and home buyers. Below is some information for your reference that indicates that any migrated person can buy home only at Wagholi.