Pune: Wagholi Market Analysis

Wagholi is one of the prime suburbs, located on the Eastern part of Pune, on the Pune-Nagar highway. In the recent past the location has made significant progress as a residential location with a slew of big residential projects under construction. The location derives its strength from multitude factors, involving nearby IT parks, rise of a robust social infrastructure and education institutions. Not to mention the fact that many key locations in the city, have reached near saturation, which is making secondary location such as Wagholi as one of the sought after location. Mentioned below are some of the key points, which make Wagholi as one of the locations to look into.

Strategic location/ Easy Accessibility:  its strategic location on Nagar Road and great connectivity with the airport, Sholapur Highway, Bund Garden and the Shikrapur-Chakan Road make it an easily accessible location.

Proximity to IT Hubs: The location has proximity to some of the key IT Hub including the Kharadi IT Hub.

Social Infrastructure: Closeness to IT Hubs such as Kharadi, has led to a development of a robust social infrastructure in the form of hotels, malls, restaurants and multiplexes. Likewise, the residents in Wagholi has the advantage of some of the top notch schools and engineering college such as, Netaji Subhash Chandra Boys Military School, Jyotirmay International School, Sharad Pawar International School, Lexicon International School, Dhole Patil College of Engineering, GH Raisoni College of Engineering and Technology, Moze College of Engineering, JSPM Imperial College of Engineering and Research, etc. Similarly the location is also close to numerous banks, ATM and medical clinics etc.

Range of choice: Due to the above mentioned reasons, the location is on the priority list of most of the leading developers of the region. Most of the leading developers such as Kolte Patil, Rohan, Sobha are developing different types of projects in the Wagholi. Interestingly the project involves both high as well as mid-range projects thereby giving customers a range of option.

Appreciation: Beside residential purpose, the location also makes strong sense in terms of investment purpose. The project is intercepting a 5-10% appreciation at the moment, thereby making it a suitable investment destination for the future.In Wagholi so many upcoming residential projects are going to be launched soon.

Upcoming Infrastructure Development: The investment potential of the location further gets an enhancement in light of more infrastructure developments unwinding in the recent time. The Nagar road is being upgraded to a six lane road. Likewise a new road is under construction to link Wagholi to EON IT Park.

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