Published at: September 17, 2022
Over the last two decades, Pune has grown into one of the most dynamic cities in India with an evolving realty sector. With Pune being one of the most affordable housing markets in the country and a major industrial hub attracting a large chunk of the industrial investment in the country, the demand for commercial and residential properties has been on the rise. The booming sector is offering promising returns on real estate investments and Pune’s inclusion in the country’s Smart City Programme has boosted infrastructure development in the country. Various localities and neighborhoods have emerged as real estate hotspots in the city. Today, we are going to talk about one such locality – Mohammadwadi, and the reasons it is evolving into one of the hottest real estate locations in southern Pune.
Location of Mohammadwadi
Located close to the Mohammed Wadi Reserve, Mohammedwadi is a residential locality in the southeastern zone of Pune. Properties in the locality are highly affordable and have quick access to the prime employment hub of Hadapsar. Additionally, Mohammadwadi shares its borders with localities like Kondhwa, Pisoli, Handewadi, Wanowrie, and Undri. While a lot of developers have constructed some amazing projects in the area, Sankla Buildcoon’s project Avani, with its spacious one and two BHK apartments, has been in high demand.
Mohammadwadi has excellent connectivity with various prominent parts of the city via buses operated by Pune Mahanagar Parivahan Mahamandal Limited (PMPML). Also, Mohammadwadi has good connectivity to major roads like the Mumbai-Bengaluru Expressway, Hadapsar Road, Kondhwa-Katraj Bypass, and NIBM Road. Also, you can access the Sasvad Road Railway Station within a few minutes via the Mohammadwadi Road. The Pune International Airport is at a distance of around 14km from the locality.
Social & retail infrastructure
Another important aspect of a thriving residential location is access to educational institutions, hospitals, and retail outlets. Mohammadwadi is closely connected with many popular educational institutions like JSPMs Jayawantrao Sawant College of Engineering, Smita Patil School, The Lillian School, and Rehmani Junior College. You can also find state-of-the-art healthcare centers like the Lifeline Hospital, Life Care Multispecialty Hospital, Satyanand Hospital, Dr. Gunvant Oswal G Therapy, and New Command Hospital. Shopping centers like the Amanora Mall, Seasons Mall, and INOX Mall are also at a distance of a few kilometers from the neighborhood.
There are many tech parks located near Mohammadwadi as follows:
- Phursingi IT Park (6Km)
- Cyber City IT Park (7Km)
- Cerebrum IT Park (11Km)
- EON Free Zone IT Park (12Km)
Also, economic hubs like Hadapsar, Kharadi, and Hinjewadi are a few kilometers away.
Further, there are many parks in and around Mohammadwadi including:
- Maharana Pratapsingh Garden in Sadashiv Peth – around 11km from Mohammedwadi
- Joglekar Baug in Mandai – around 10km from Mohammedwadi
- Jijaau Park in Kasba Peth – around 10km from Mohhamedwadi
- Shri Swami Samarth Garden in Raviwar Peth – around 9km from Mohammedwadi
These factors have resulted in a rise in the demand for homes in Mohammedwadi. Avani, by Sankla Buildcoon, is a combination of lifestyle and connectivity. With the appreciation potential of an upcoming locality like Mohammedwadi, this project is an excellent investment opportunity too.