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Hadapsar, a fast-developing residential locality

- By Parikshit Pawar, chief marketing-officer, Shapoorji Pallonji Real Estate

Known for housing major commercial areas in the vicinity, East Pune is fast becoming one of the most preferred residential destinations in Pune. With several corporate conglomerates, manufacturing hubs, IT parks, and the presence of rich historical background, this region has become a hot favorite for many property buyers. The localities are well connected to the city’s central areas as well. East Pune also has a strong social infrastructure, with several malls, hospitals, educational institutions, and multiplexes. In East Pune, Hadapsar is one such location that is a fast-developing residential destination.

Connectivity
Hadapsar is well-linked to the neighboring localities such as Kalyani Nagar, Koregaon Park, and even to major transit hubs like the Pune Railway Station, Lohegaon Airport, Swargate Bus Stand, and Shivaji Nagar Railway Station. Two major state highways, the Pune-Solapur Highway, and the Pune-Ahmednagar Highway pass through this locality, thus proving to be one of the major reasons for development here. The locality is witnessing many natives from Solapur and Ahmednagar who are living in Pune for work purposes and are investing in this locality for an easy commute back home within a few hours on weekends.

The internal roads of Hadapsar are well-planned, and the upcoming Inner Ring Route, which connects Pimpri Chinchwad areas to Pune’s central parts, is set to strengthen the road network further. There is no shortage of cabs and autos in this locality, and there are also available local buses.

Infrastructural development
One of the major factors adding to the improvement of Pune is the educational facilities that the city has to offer and its advancement into an IT hub. Reputed schools and colleges, such as Pawar Public School, The Lexicon School, GIIS International School, Venus World Schools, and many other educational institutes, are based in Hadapsar. The area does not disappoint on the healthcare front as there are several hospitals for immediate and specialized care. Further, for shopping and entertainment along with some recreation, the locality has malls, restaurants, and multiplexes.

Transformation of Hadapsar
The growth story of Hadapsar started by pooling farmers’ land spread over 450 acres, which was a successfully implemented project with a gated community. With banks, commercial spaces, schools, hospitals, malls, and several other necessities and lifestyle amenities, the remaining part of Hadapsar evolved too. Currently, Hadapsar’s connectivity and its social infrastructural development have helped the locality shape itself into one of the finest residential as well as commercial areas of Pune. Real estate developers have gained interest in the region because of its rich connectivity. Considering the gradual transformation of Hadapsar, it peddles a future that will change the way people live.

Outlook of the real estate sector in Hadapsar
The property market of Pune has always been a force to reckon with in the overall Indian real estate sector because of the demand as well as supply that the city has seen for its residential segment in the past years. Hadapsar and its peripheral areas in Pune have observed a surge in residential demand in the past few years. Homebuyers get a range of choices entailing high-end duplexes, as well as 1, 2, and 3 BHK apartments, under-construction properties, and affordable flats. The ability of Hadapsar is a rising real-estate tale.