Pune is the eight largest metropolitan area in India including areas like Haveli, Junnar, Ambegaon ,Khed, Mulshi, Maval, Pimpri-Chinchwad ,Pune, and Velhe taluks of Pune. The city is has shown tremendious growth in education Real estate and IT/ITES ,Manufacturing sector the number of people shifting to pune city has for jobs business and education has increased the need for housing and real Estate which has led to the development of suburbs in the to fulfill the demand the city has seen tremendous growth in real estate sector the growth has raised the price bar for property and its constantly on a upward side . the ratio high disposable income group has been the major key player creating demand for residential apartments , this has led for high demand for quality residential projects to cater to the need of this segment. The city of Pune has seen an enormous change throughout the last 10 years. Approximately 150 km. from Mumbai, it is the second biggest city in Maharashtra. In recent years, real estate development across the city has geared around keeping pace with fluctuations in demand. The past couple of years have seen a much better residential need that spread across all income groups and numerous locations, specifically towards the eastern and west edge. North Pune has evolved as an industrial zone with many Automobile and Auto Ancillary and Manufacturing industries dominant right here. Pimpri and Chinchwad in the north are host to a few of India’s leading auto companies having manufacturing plants here. companies such as Bajaj Auto, Tata Motors, Force Motors and, engineering majors like, Thyssen Krupp, Forbes-Marshall and Alfa Laval also have their manufacturing base here. North Pune is certainly a self sufficient zone with the residential market thriving on the employment generated by the manufacturing industry. Pimpri, Chinchwad, Nigdi and Moshi are some of the prominent housing locations here. Central or the area Pune is the oldest Pune and also its the commercial core with numerous corporate offices situated in the Main Business District the areas of Bund Garden Road, M.G Road, Deccan and ShivajiNagar. The ideal corporeal and social infrastructure, presence of well organized retail, excellent connectivity with various areas of the city and minimal availability of empty land have helped upcoming of new suburbs Over time Southern Pune has developed as a cheaper alternative housing locality when compared with Central or heart of the city. People normally prefer to reside in proximity to the city centre there are many new project to choose from reputed builders at different location a few of these locations are
Handewadi is a residential area located around 14 kilometers from the heart of the city. Once a small village, Handewadi has emerged as a prominent locality due to the development of nearby areas like Magarpatta, Hadapsar, Undri, Koregaon Park, Bhawani Peth, Bibwewadi, Camp, Ghorpadi and Gultekdi. Handewadi is well-connected to major locations on the east and hence offers an easy commute to the residents. The area has good internal roads and enjoys connectivity with other parts of the city via the PMPML (Pune Mahanagar Parivahan Mahamandal Limited) buses. Kamal Hospital, Sushrusha Hospital, Ashirwad Hospital, Dinkar Hospital, Om Hospital, Acts General Hospital, HV Desai Eye Hospital and Navjeevan Nursing Home are some of the famous hospitals located in Handewadi. Due to well-developed infrastructure and proximity to major areas, the demand for residential properties in Handewadi is increasing. It is a sought-after destination, especially for those with a limited budget. Well-known real estate developers like Mantra Properties, Nilesh Construction, S.P. Developers, Magnus Realty, Ranjeet Developers and Hindustan Properties have come up with a number of new real estate projects in Handewadi.
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