How is Kharadi growing as an IT hub?

How is Kharadi growing as an IT hub?

Kharadi has been going through massive development in the past few years, which has changed the living scenario positively. Kharadi is one such location in Pune city which is blessed in all the aspects. Take a look at the neighbourhood, facilities and more…

5 Minutes Read

Kharadi has bounced back in the limelight since the early 2000’s proving a major revamp. The area is located in the eastern corridor of Pune along the Nagar road. Pune has always been thriving on the Information Technology (IT) growth happening in the city.

The Kharadi region is backed by the expansion of the IT, retail and hospitality sector. Kharadi is not only the centre for IT activities but is also preferred residential hotspots. The rise of residential projects in kharadi has promoted the ‘walk to work’ culture. Kharadi future development equally looks promising because of the future of the IT industry in Pune.

Let’s consider all the facts apart from the IT hub, why has Kharadi grown so much over the past couple of years?

The answer is – with the basic infrastructural development, Kharadi has been able to provide a holistic environment which is safe, secure and stable. For your daily convenience and basic requirement, it is not required to travel further as the area is blessed with smooth functionality.

The future of kharadi Pune holds great potential as Pune real estate market thrives on price appreciation. Since the presence of IT Parks in the Kharadi vicinity, it is no surprise that the Kharadi micro-market holds great potential in real estate investment.

Commercial and IT Hub

IT Park In Kharadi

Image Source: https://jatinarora.in/2020/01/18/commercial-business-space-it-park-sez-kharadi-pune/

The EON free zone is spread across 45 acres of land area and is a prestigious development project in the MIDC Knowledge Park of Kharadi area. Kharadi has become the third most preferred residential destination in Pune after Baner- Wakad- Pimple Saudagar.

The SEZ project has four buildings of a leap shape. Each building in this project has a built-up area of 10,00,000 sq. ft along with a residential block. The establishment of the 6.5 million sq ft large EON and IT SEZ zone has boosted the value of Kharadi’s real estate.

The IT hub has the presence of corporate and IT bigwigs like Wipro, Reliance, Synechron, Eaton, Credit Suisse, Zensar, Symantec, and Vodafone. Kharadi is a paradise for IT professionals as there are a total of 12 IT Parks in Pune.

Apart from the EON Free Zone IT Park, some of the most well-known IT parks in Pune are Rajiv Gandhi Infotech Park, Cybercity IT Park, SP Infocity IT Park and World Trade Centre. The Nagar road has been growing rapidly because of the IT and automobile sector and so is the major reason for employment in Kharadi.


Kharadi Area Connectivity

Kharadi is extremely well connected with almost all the main locations of Pune. The connectivity is good and provides accessibility to other commercially developed areas like Viman Nagar, Mundhwa, Ranjangaon, Wagholi, Hadapsar, Nagar Road, Sholapur Road, Kalyani Nagar and Koregaon Park.

Pune-Ahmednagar Highway and Pune-Solapur National Highway are in close proximity. Maha-metro is also investing in the extension of the Vanaz-Ramwadi metro line to Kharadi IT park.


Work-Life Balance

Work Life Balance

The social and entertainment lifestyle in Kharadi gives every resident a major break from the hectic work life. Residents of every age group have a source of facilities to engage themselves in every possible way. Several avenues cater to all the needs a metropolitan city should boast. Right from top-notch malls to authentic restaurants and gardens, people can satisfy their comfort and enjoyment in every possible way.

Shopping malls like Amanora and Seasons mall are Pune’s best malls where most of them prefer to shop and chill over the weekends. PVR Cinemas and other movie theatres keep the residents connected to entertainment. Even though we all are attracted to the western culture and keep ourselves spoiled with fun and entertainment, the very next day we get a call from inside to maintain our fitness and get connected with nature.

To keep the residents grounded, Kharadi has amazing parks and gardens like the Kharadi Garden, Arya Sports Club, IT Park Ground. If you are a sports enthusiast, you can play all types of sports on the premises while the old generation can spend time early morning or in the evening at the park or going for long walks. A Sunday evening can be well spent with your kids and family in multiple ways as per your preferences and choices.

As Kharadi’s landscape is blessed with a prime neighbourhood, there is nothing called as inconvenience or boredom. The area offers a perfect blend of charming ambience and modernisation. Those who invest and choose to reside in such a popular location with an unrestricted panoramic view are forever grateful.

Lifestyle and Neighbourhood

Lifestyle and Neighbourhood

People make investments by thinking widely and making long term planning. With the rapid development of Kharadi, good educational institutes have also not left themselves behind to mark their presence in the vicinity. Working parents are even comfortable when their children have good educational resources nearby.

Well, acclaimed schools and colleges are providing beneficial value in terms of learning and knowledge. Aspiring schools like Phoenix World School, Victorious Kids Educares, Podar International School and Vivero International Pre-primary School & Childcare are a few. For higher education, there are also many college institutes.

Health care is one other important civic amenity to garner safe and sound life in the moments of a health emergency. Kharadi has better healthcare and facilities in hospitals like Columbia Asia, Rising Medicare Hospital, etc. All of the aspects have proved Kharadi to be a flawless example of perfect and active living. With work-life balance, the location can also help you with mind-body balance.


At The Bottom

The presence of medical and social infrastructure is also one of the important reasons to attract a lot of investors and homebuyers to this location. Kharadi is one such micro-market that has emerged as a booming destination for investment for various reasons as it gives mixed returns. Multiple work opportunities, proximity to the airport, and the absence of slums are all factors that have added value and appeal to this market.

So if you are someone looking for a home in Kharadi, check out Zen Estate by Mahalaxmi Developers. Visit www.zenrealtyindia.com for more details.