Friday, September 4, 2015

Buying property in Viman Nagar

Viman Nagar is considered to be a top destination for real estate investments in Pune and is home to a flourishing real estate sector.

Viman Nagar properties available for sale

When it comes to knowledge of property rates in Viman Nagar Pune, you should know that they have increased in recent times. Viman Nagar has developed rapidly over a period of around 14 years. Viman Nagar is located in Pune’s eastern corridor and derives its name from the air force station that is present in the area. The area derives its name from its proximity to the Lohegaon Airport and offers fabulous connectivity to several destinations through bus routes and an efficient road network. The Patil-Dhole Road offers easy connectivity to the locality and it remains isolated from the hustle and bustle of the city without being too far away from it. The demand for 1 BHK flats in Viman Nagar Pune has shot up due to easy access from both the airport and railway station.

The Pune railway station is located approximately 6 kilometres away from the locality while Viman Nagar lies only half a kilometer from the Pune Airport. There are several residential projects in Viman Nagar that have been developed on account of the growing boom in infrastructure. The area is located near Army camps and the Air Force and is considered one of the best commercial and residential localities. Property prices have steadily gone up in the locality on the back of sustained development. Property prices have gone beyond the Rs. 6, 000-8, 000 per sq ft mark though this varies from location to location and depends on several predominant factors and aspects.

As per Indiahomes real estate findings, Viman Nagar is a hotbed for development and the commercial sector is doing very well here. Demand is steady for quality office spaces. The area has developed due to the establishment and emergence of six IT Parks in addition to several office spaces, retail outlets, shopping malls and more such social amenities. The locality is well connected to several areas like Koregaon Park in addition to the airport. The locality is considered as the new commercial hub of Pune owing to the proliferation of retail outlets. The area is also home to several medical establishments including Jehangir Hospital and Ruby Hall.

The locality has developed rapidly owing to the presence of multiple IT Parks in addition to several commercial establishments including the Vascon Weikfield IT Park, Raheja Commerzone and Giga Space by Kolte Patil in addition to the Tech Park by Panchshil Realty. The hospitality and retail industries have also spread their wings in the locality. Nagar Road is located in close proximity to the locality while there are multiple hotels and shopping malls present here including the Inorbit Mall, Phoenix Market City, Estique, Hyatt and Ibis.

The locality is well connected to several places like Dhanori, Wagholi and Charoli. The area is regarded as a hub for several micro industries. Magarpatta and Kharadi are also well connected to the project. Going by the wave of development in Viman Nagar, one can safely say that the locality is on the cusp of even greater development to come in the near future.
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