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Smart Cities Mission: Pune’s Progress and Its Impact on Real Estate

Smart Cities Mission: Pune’s Progress and Its Impact on Real Estate

The most recent gift the Smart Cities Mission has given Pune is our very own Pune Metro. While you must be busy gazing at the majestic Metro, this is not the only boon Pune has received for being a part of the Smart Cities Mission. The developments made under the Smart Cities Mission have resulted in a rapid price appreciation of real estate developments in Pune, and especially of the best residential projects In Kharadi Pune owing to their proximity to IT Parks. In this blog, we will take a look at what Smart Cities Mission is, and the profound impact it has had on real estate, specifically on the new properties In Kharadi Pune. In addition, we will also discuss a project by Zen Realty India – one of the best residential projects In Kharadi Pune with flats near EON IT Park. Read on.

The best residential projects In Kharadi Pune have benefited greatly from The Smart Cities Mission. If you are unaware what The Smart Cities Mission is, here’s a quick overview.

The Smart Cities Mission: A Brief Overview

Launched by the Government of India in 2015, the Smart Cities Mission aims at creating sustainable and citizen-centric urban areas that harness technology and innovation to enhance the quality of life. The mission envisions transforming 100 cities across the country into smart cities by integrating digital solutions, efficient infrastructure, and improved public services.

Why Was Pune Chosen to Be a Part of the Smart Cities Mission?

Connectivity In Pune

A city is chosen as a smart city when its investments in traditional (transport) and modern communication infrastructure and social and human capital give rise to sustainable economic development and a high quality of life to the city residents. In addition, a Smart City ensures that its residents can avail the best quality government services such as water, waste, healthcare, traffic management and transport.

So, if you are looking for best residential projects In Kharadi Pune, you must know what factors led to Pune being chosen as not just one of the 100 Smart Cities, but make it to the 2nd spot among the Top 20 Smart Cities announced recently.

1. High Literacy Rate – Pune’s literacy rate of 89.56 % is one of the highest among Indian cities.

2. Quality of Life – According to data released by “Mercer Quality of Living Survey 2015″ which ranks around 440 cities all around the world based on their living conditions, Pune was placed at a decent 145th position globally and at an astounding 2nd position out of the only 7 Indian cities that made it to the list.

Pune City

3. IT Destination – Not just the best residential projects In Kharadi Pune, but the residential sector across Pune has seen a substantial increase in the prices because of the emergence of IT hubs. Pune’s iconic rise made it a strong contender.

4. Education Hub – Pune has more than 9 deemed universities and 400 colleges affiliated to the Pune University, offering courses across various streams.

Education Hub

Let’s see how the inclusion in The Smart Cities Mission will prove to be a boon for the best residential projects In Kharadi Pune.

The best residential projects In Kharadi Pune will benefit greatly from the Integrated Command and Control Center (ICCC): The ICCC has been given the responsibility to manage various services such as traffic management, emergency response, water supply, waste management, and more. This will significantly improve urban operations and emergency response times, making investors more confident of investing in the best residential projects In Kharadi Pune.

Enhanced Urban Mobility, a Boon for the best residential projects In Kharadi Pune: The initiatives like the Pune Metro Rail Project, Ring Road, etc., will not only eliminate traffic congestion, but will offer quicker connectivity from the new properties In Kharadi Pune to Pune’s prime destinations, further positively impacting the price appreciation of flats near EON IT Park.

Waste Management: Implementing innovative waste management solutions, will reduce the burden on landfills and promote sustainable practices, increasing the desirability quotient of the best residential projects In Kharadi Pune.

E-Governance and Citizen Engagement: The transition to e-governance not only simplifies processes, but the best residential projects In Kharadi Pune with seamless e-governance systems will witness more demand.

Zen Elite

MahaRERA: P52100033357

If you too are impressed by Pune’s fast-developing infrastructure, and are looking for the best residential projects In Kharadi Pune, you must take a look at Zen Elite, flats near EON IT Park, a development by Zen Realty India. Touted as one of the best residential projects In Kharadi Pune, this development of premium 2 BHK flats near EON IT Park developed by Zen realty India is adorned with 50+ amenities, offers scenic riverside views, and most importantly, follows the Zen Way of Life that ensures you enjoy your much-deserved peace of mind forever.

If you wish to cash-in on the positive changes and price appreciation The Smart Cities Mission has in store for the best residential projects In Kharadi Pune, and wish to know more about this development by Zen Realty India.

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