Pune is one of the most important cities in India and many people look for suitable accommodation there. There are various reasons for this; Pune, as a leading city, business centre and port town of India, offers excellent opportunities for both job seekers as well as entrepreneurs to build up profitable and rewarding careers. Numerous residential and commercial accommodation projects are coming up everywhere in the city. However, until recently, the working class and the low-income group people were finding it difficult to get adequate and budget-friendly accommodations. These people were on the lookout for smaller and affordable accommodation options on sale or for rent but for reasons best known to developers, there was an acute shortage of 2 BHK apartments in Pune.
Though there is still a shortage of such accommodations in Pune, residential projects that have come up in Wagholi seem to compensate for the deficiency to a great extent. Interested buyers can now buy 2 BHK resale flat in Pune Wagholi that is available at various stages of completion. Some of them are in the planning stage with land for the project acquired while others are under construction at various levels. There are some ready to move apartments as well. These smaller configuration apartments in Wagholi take care of the requirements of the buyers who look forward to buying such low-cost apartments to suit their budgets.
Wagholi is also little trailing in the race. The location has excellent connectivity with the rest of Pune and is also in close proximity to many industrial and commercial areas that would suit the working class nicely. Located on the Eastern border of the city, it has grown into one of the city’s most important outskirts. According to its location, it affords a good access to existing and future launches in Hadapsar, Kharadi and Bund Garden. Its proximity to Pune Airport and Eastern IT hubs of Kharadi and Magarpatta and also to Shikrapur-Chakan industrial belt growths it's demand.
Wagholi is one of those areas which is expected to be included within city limits. Presently, the locality is under the Gram Panchayat and have seen the burst of new projects in recent times as developers want to save taxes which they have to pay to authority while getting approvals. This location in Pune has now become a major target for potential low-cost home buyers as well as for developers with plans of constructing low-cost houses for the target customers. Its closeness to Pune International airport is an additional reason behind its popularity that creates it one of the popular hubs for NRI to invest.
What’s available From Rs. 25 lakh- 2BHK Flats of 700-1000 SQ. ft.
Rent expected- Up to 20,000 per month
The supply of 2 BHK apartments was low in Pune as the demand for them in the market was consistently below 10% of the overall property demand. However, in the last few years, there has been a change with an influx of many students and young professionals who are choosing to settle in the city. These people look for low-cost accommodations both on sale and for rental and this Wagholi resale 2 BHK flats in Pune are perfect for such people.