Understanding the ROI on Commercial Properties in Kharadi
Commercial property in Kharadi today is looked at as one sure way to gain great returns on one’s investment, While Kharadi was always a quaint little suburb in the Eastern corridor of Pune, the way it has transformed to be a residential and commercial hotspot over the past two decades is simply amazing, to say the least. In this blog, we will try to understand the ROI on commercial property in Kharadi Pune, and why owning an office in Kharadi would be a wise decision. Read on.
Let’s take a look at the major growth drivers of commercial real estate in Kharadi.
Flourishing IT-ITeS sector in Kharadi is the major factor driving real estate growth here. Working professionals from these IT companies are the dominant buyers.
It is a major commercial zone that houses WTC and SEZ – EON IT Park which generates massive employment.
Proximity to major economic and prominent hubs such as Magarpatta City, Hadapsar, Koregaon Park, Viman Nagar, etc.
Well-connected road network, easy access to the city center and other economic hubs
The micro market offers the best social infrastructure including schools and healthcare facilities, and quick access to shopping malls such as Phoenix Market City, Amanora Town Centre, Seasons Mall
Property Rates in Kharadi
₹10,000 /-
Avg. rate / sq.ft
(Super Built up Area)
Growth
43.9%
in Last 5 Years
3%
Rental Yield
Source: 99 Acres
Now let’s take a look at the growth in price and demand for commercial property in Kharadi
Price appreciation of commercial shops in Kharadi
In July-September 2022 – Rs. 22,362 PSF
In July-September 2024 – Rs. 30,027 PSF
Source: Magicbricks.com
Price appreciation of office space in Kharadi
In July-September 2022 – Rs. 14,066 PSF
In July-September 2024 – Rs. 14,662 PSF
If you wish to gain great returns on your investment, Kharadi commercial real estate with its ever growing demand, robust infrastructure, growth opportunities, consistent rental yield and excellent connectivity assures just that. If you are looking for an office space in Kharadi, you must take a look at the commercial real estate by Zen Realty India.
