Pune’s Kothrud – Investor’s Paradise

Kothrud, known Kothrud Baag, is the western suburb of the city of Pune, situated relatively near the centre of an industrialized city, it has seen rapid growth in housing, making it one of the fastest developing suburbs in Asia in the 1980s.Kothrud is now one of the upmarket areas of Pune, with real estate prices being quite high.

Kothrud mainly consists of the area around Karve Road and Paud Road. Paud Road begins from Paud Phata, and leads to Chandani Chowk and the Pune-Mumbai Highway through Bhusari colony. Housing development is spread on both sides of Paud road. Karve Road begins from Deccan and ends at Warje.

Strategically located on Karve Road and Paud Road, the reasons why Kothrud became one of the most coveted residential areas in the city are due to its convenient location on two important roads of the city, excellent connectivity and great leaps taken in infrastructural developments.

Kothrud is located just 12 km from the Mumbai-Pune Expressway, and has a bus depot and bus stands that satisfy the transportation needs of people living in this area. In addition to this, there are also a number of buses connecting Kothrud to Hadapsar and Deccan Gymkhana.

Kothrud lies in close proximity to IT Infotech and areas like Wakad and Baner. It boasts corporate giants like Cognizant, Tech Mahindra and Persistant. Manufacturing plant Cummins has also increased employment opportunities, aided development and boosted real estate in this region.

Apart from being known as a prime residential locality, Kothrud is also quite popular for its educational institutions. Good schools and reputed colleges like Cummins Engineering College, MIT, Garware College and Bhartiya Vidyapeeth among others are located in the vicinity of this locality.

A number of residential projects here & in extended kothrud are offered with high-class amenities and specifications. A pleasing residential setting and a great environment makes it all the more pleasing to invest here.

In present their are few New Development & Redevelopment projects are going on in Kothrud with the average property rates for multi-storey apartments starting from Rs. 8000 per sq. ft. and more, depending on the location, neighborhood and the facility, amenities offered by the developer.

Over the years, Kothrud has witnessed significant residential demand from NRIs, young IT professionals, businessmen and other professionals like doctors and lawyers.

Pune, which was once known as a pensioner’s paradise growing rapidly…..

 

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