Why Pimpri-Chinchwad is the Ideal Location for Investing in Real -Estate?
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Introduction
Pimpri, Chinchwad is just 15 km away from the heart of Pune City. It comes under the Pune Metropolitan Region of Maharashtra. When we see how this region has been growing steadily and speedily, it promises to be a great place to invest for the following reasons
5 Reasons to invest in Pimpri Chinchwad
- Affordable Real Estate: If we compare the prices of real estate in most other metropolitan areas across the country, Pimpri-Chinchwad prices are still relatively affordable. Given the growth mix in this region, growth opportunities abound for people investing in residential, commercial, and industrial real estate with greater potential in the long term for capital appreciation.
- Quality Education Facilities: Families looking to settle in Pimpri Chinchwad will find many top-rated schools, colleges, and universities nearby. Investing in a 2 BHK flat in Pune Pimpri Chinchwad can ensure access to excellent education for your children, providing parents with long-term security and peace of mind.
- Reliable Healthcare Services: The region is also well-equipped with some of the best healthcare services and hospitals. Such medical amenities nearby are a significant advantage for families with elderly members, children, and patients with chronic health conditions.
- Thriving Commercial Hub: Pimpri Chinchwad’s reputation as a significant economic and commercial hub has been established for decades. The area’s commercial significance has grown stronger with the recent addition of IT establishments. The presence of numerous office establishments and industries in the vicinity has sparked the location’s popularity for multiple residential projects. These facilities ensure that residents can enjoy a comfortable and convenient lifestyle.
- Godrej Pimpri: Among the numerous residential projects in the area, Godrej Pimpri shines as a premier choice for discerning buyers. With meticulous planning, outstanding architecture, impeccable execution, and customer-centric support services, this project ensures a comfortable and appreciating return on investment. Godrej Properties Limited, the developers of Godrej Pimpri, also provide flexible financial plans and support systems to cater to diverse buyers.
Frequently Asked Questions
Pimpri Chinchwad is recognized for its specialty as an industrial township, often referred to as the “Detroit of the East” due to the presence of numerous national and multinational automobile companies. Additionally, it holds a rich cultural heritage and historical significance, being the birthplace of freedom fighters like Chaphekar and Halbe. The area is famous for traditional crafts such as the renowned Applique works, including Chandua and various colorful arts on clothes, umbrellas, cloth bags, purses, wall hangings, carpets, and garments. Moreover, Pimpri Chinchwad is considered a desirable place to live due to its well-planned infrastructure, good connectivity, modern amenities, and a rapidly developing real estate market.
Pimpri Chinchwad Municipal Corporation’s budget focuses on infra, water supply & health. Civic chief Shekhar Singh presented a budget of Rs 7,128 crore, including Rs 1,414 crore worth of funds from the central and state governments, for 2023-2024 on Tuesday.
Schools:
- Priyadarshani School, Moshi, Pune
- Phonics Classes in Pimpri Chinchwad New Town, Pune
Colleges:
- Symbiosis Institute of Business Management
- DY Patil College of Engineering
- Maharashtra Institute of Technology
These institutions offer a well-developed education infrastructure and attract students from all over the country, making Pimpri-Chinchwad an ideal location for those seeking quality education and training opportunities.
- Birla Memorial Hospital
- Ashwini Hospital
- Uniqare Hospital
- Jeevanjyoti Superspeciality Hospital
- Cloudnine Hospital-Pimple Saudagar
- Amruta Maternity and General Hospital
- Chetna Hospital
- PDEA’s Ayurveda Rugnalaya & Sterling Multi Speciality Hospital ARSMH
- Citi Care Hospital Pimpri Chinchwad
- Niramaya Hospital
- Brahm Chaitanya Super Speciality Hospital Pvt Ltd
- Dhanashree Hospital
- Helios Barti Hospital
Pimpri-Chinchwad, Maharashtra, is home to several well-regarded hospitals that cater to the needs of the local population and those seeking medical care in the region. Some of the notable hospitals in and around Pimpri-Chinchwad include:
These hospitals offer a wide range of medical services, from general care to specialized treatments, and are well-equipped to handle various health conditions.
The area including the cities of Pune and Pimpri-Chinchwad, the tehsils of Maval, Mulshi, Haveli and some parts of the talukas of Bhor, Daund, Shirur, Khed, Purandar and Velhe are covered under the Pune Metropolitan Region, which is one the of largest Metropolitan Region in the country.
| Area | Average Price per Square Feet (INR) |
|---|---|
| Pimpri | 5,000 – 7,000 |
| Chinchwad | 4,500 – 6,500 |
| Nigdi | 4,000 – 6,000 |
| Akurdi | 4,500 – 6,500 |
| Ravet | 4,000 – 6,000 |
| Moshi | 3,500 – 5,500 |
| Bhosari | 4,000 – 6,000 |
| Wakad | 5,500 – 7,500 |
Conclusion
In conclusion, Pimpri-Chinchwad is an ideal location for investing in real estate due to its robust infrastructure, thriving industrial sector, well-developed education and healthcare infrastructure, premium residential population, and growing value. The region’s strategic location, excellent connectivity, and limited availability of land within Pune make it a promising destination for real estate investment, with the potential for substantial returns on investment in the near future.