In Category: Real Estate
Published at: January 30, 2023
Pune is one of the fastest-growing and evolving cities in India. Once known as the Oxford of the East, Pune was popular primarily for its educational institutes. However, over time, it has managed to evolve into the cultural capital of Maharashtra as it is home to a plethora of communities from across the state. As it joined the elite league of major cities in India, Punekars saw an expansion in business and commerce and an influx of people from all corners of the country. Today, living in Pune is not very different compared to living in any metropolitan city in India. As we inch into 2023, we rounded up a list of things that Pune will be looking forward to.
The Pune Municipal Corporation (PMC) has declared that it intends to increase the city’s rankings in the Swachh Survekshan and Ease of Living indexes. Hence, Punekars can expect numerous initiatives towards waste management, cleanliness, and beautification of the city. This will result in the growth of Pune as a city.
Many parts of Pune have been struggling due to the shortage of water. To ensure an equal supply of water and curb the leakage of water, the PMC launched the 24/7 Equitable Water Supply project in 2018. The proposal included shifting the 1600-km old water pipelines and building new water tanks. This is scheduled to be completed in 2023, much to the relief of Punekars.
By March 2023, metro trains between Shivajinagar and Nal stop, and Phugewadi Station to Civil Court will be operational. While the administration is running trial runs, Punekars traveling those routes are thrilled with the prospect of saving a lot of time and effort.
By May 2023, the new terminal at Pune Lohegaon Airport should be ready for operations. It is being designed to cater to the exponential demand for flight connectivity to Pune. The new terminal will have 10 boarding bridges for passengers, 70+ check-in desks, etc. It will be integrated with the current terminal to cater to traffic peaks with ease.
Since Pune is at the junction of national and state highways, heavy traffic passes through it every day. With increasing commercial and business activities, the administration decided to build ring roads to ensure that vehicles that just want to pass by do not disturb the city’s traffic.
Being a developing city is a huge hassle and Pune is no different. With the administration trying to keep pace with the development and changing people’s requirements in all areas of the city, the infrastructure needs a major boost to keep up with the change. In 2023, the PMC will be focusing on repairing the roads and inducing safety for travelers. Also, the ongoing work on the Water Project might impact the roads more and result in bad road conditions.
Around 9,900 PM Awas Yojana Flats will be handed over to the beneficiaries before the end of March. The PMC will now manage flat allocation on a first-come, first-serve basis. Each of these flats would be around 300-330 square feet in size.
In 2023, Punekars can expect numerous changes in the city impacting their travel experience and time. Some such changes are:
• Metro routes
2023 is set to help in the growth of Pune as a town. With the Mini Olympics and G20 Summit Meetings held in the city, it is no longer the sleepy town of senior citizens. In fact, many residential projects have been constructed keeping the new-age, modern lifestyle requirements of youngsters.
If you are looking to invest in real estate in Pune, then 2023 can be a good year as these things are bound to increase interest in the city and boost real estate prices. Sankla Buildcoon is a popular name in real estate in Pune offering state-of-the-art buildings. You can choose from a range of its residential projects including SATYAM NIRANJANI at Hadapsar, SOMMET at Bhugaon, AVANI at Mohammadwadi, SATYAM RAJYOG at Dhanori, and SATYAM PRIMA at Manjri-Solapur. If you are thinking of launching a business in the city, then you can look at Sankla’s commercial properties including SATYAM BUSINESS COURT at Manjari, PS Angan at Magarpatta, and SATYAM NIRANJANI at Hadapsar.