In the eastern side of Pune there are many areas that are still developing. Keshav Nagar at Mundhwa is one such spot that is attracting limelight of realty biggies due to its accessibilities from major suburbs of Pune like Koregaon Park. It can be considered as an extension of posh Koregaon Park which is now completely saturated and has no scope for further development along with the sky rocketing real estate prices in the area. Keshav Nagar still comes under the Gram Panchayat and that is why the prices of real estate here are affordable than other areas of city. No doubt as the residential development started in the area and big players came here the prices went up but not at the speed like other parts of city. This fact makes it still fruitful to invest in properties in Keshav Nagar. Within a year or two it will come under the wings of city limits and then the prices will rapidly go upwards. The social infrastructure is in progress in the area but by the time several residential projects will come here and develop the infrastructure will automatically be in place and things will be ready to use.Another advantage of Keshav Nagar is that it is easily accessible from important locations like Camp and Pune Railway station. There are many projects that are currently in progress here while some are in possession stage and some are in construction phase. A buyer has lots of options to choose from. The good fact is that there is plenty of land still available and thus scope for development is bright. The prices won’t go up soon and can be quite reasonable for a first time buyer. If you want to know the current infrastructure then let me tell you that hospitals like Noble Hospital, Inlaks, Bhandari Hospital, etc. are in vicinity of Keshav Nagar and can be reached in minutes. Entertainment centres like Koregaon Park Plaza, Phoenix Market City, Inorbit Mall, Amanora Mall, etc. are in close vicinity of Keshav Nagar thus making entertainment and shopping easier for residents. There are reputed schools nearby. Several five star hotels and fine dining options are also available minutes away from here as Koregaon Park is situated close to Keshav Nagar. It can be an ideal home for IT industry employees working in Magarpatta, Kharadi or Kalyani Nagar as these destinations are easily reachable from Keshav Nagar. The airport is also not far from here thus giving it a good advantage of location.Currently you may not find quality infrastructure in here but once it comes in Pune Municipal Corporation the infrastructure and other social issues like water supply will be resolved. Big developers here are working out plans with authorities for development of roads and basic infrastructure that will lead to a comfortable, affordable and convenient residential property destination in eastern Pune. The current property rates in the area ranges from Rs. 4000 to Rs. 4500 per square feet depending on the size and quality of project. So if you are looking for a home or investment option in eastern Pune, Keshav Nagar can be a good opportunity where pre launch, under construction, nearly possession and resale properties are available with reputed builders and developers. Some developers in the area are Phadnis Group, Konark- Karia Builders, etc.– Ruchi Mahajan
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Eastern Ranges, Mundhwa, PuneThe story of a rising…Incorporated in 2003, Phadnis Group has been rising across varied industries at a fast pace to make a mark for itself. Their distinct presence is evident in Power, Telecom, Infrastructure, Real Estate, ITeS and Hospitality. Today they’re playing a vital role as a catalyst in India’s development. Know More….
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