Kharadi is located in the eastern corridor of Pune. This small suburb is located in the western boundary area of PMC limit and has experienced phenomenal growth in the past few years. The EON free zone is a prestigious development project that spreads over 45 acres of land area in the MIDC Knowledge Park area of Kharadi. This SEZ project has four leaf clover shaped buildings along with a residential block. Each building has a built up area of 10, 00,000 sq. ft. The presence of corporate giants like Synechron, Eaton, Wipro, Reliance, Polaris, Tata Communication and Zensar has made Kharadi a paradise for IT professionals. Amanora Park Town, a township project is located on the Hadapsar-Kharadi bypass road. The growing automobile and IT sector on the Nagar Road are the major drivers for employment in Kharadi. It is located within close proximity of the Hinjewadi IT hub and other commercially developed areas like Viman Nagar, Mundhwa, Ranjangaon, Nagar Road, Sholapur Road, Wagholi, Hadapsar, Kalyani Nagar and Koregaon Park. After Pimple Saudagar and Wakad, Kharadi is the third most preferred residential destination in Pune.
The IT hub of Kharadi is positioned on Kharadi Road that runs parallel to Wadgaon Sheri. This locality is excellently connected to other parts of the city through MSRDC Kharadi-Mundhwa road. The PMC has proposed to construct a 23-kilometer, six-lane riverside road from Kharadi to Shivane along Mula-Mutha in three phases. Work on two phases, that is, Shivane to Mhatre Bridge and Mhatre Bridge to Sangamwadi Road is currently under construction. A 6-kilometre long road from Shivane to Mhatre Bridge will be constructed in the first phase and an 11.8 kilometre long road will be built from Sangamwadi to Kharadi in the second phase. These roads will run parallel to the main road connecting Yerwada to Kharadi. It will pass through Wadgaon Sheri, Kalyani Nagar and Mundhwa Bridge and will directly link Karvenagar, Kothrud and Deccan Gymkhana areas to Ahmednagar Road. The proposed Lohegaon-Kharadi-Wagholi road project is another important development that is undertaken by PMC.The Pune Airport is situated at a driving distance of 8 kilometres and the railway station is about 15 kilometres away from Kharadi. Kalyani Nagar and Koregaon Park are about 5-6 kilometres away from Kharadi. The newly widened Nagar Highway, new MIDC acquisition at Wagholi and Lonikand are contributing a lot in transforming Kharadi into a preferred residential destination.
Schools and Hospitals
Several well-known schools offering quality education in Kharadi Road include Zensir High School, Nirmala Convent, URSAL College, City International School, Shankarrao College of Pharmacy and Rising Stars English Medium School. Hospitals offering good medical facilities are New Municipal Hospital, Prathmesh Hospital, Rakshak Hospital and Aditya Hospital.
Real Estate in Kharadi
With the advantage of an excellent location, Kharadi is developing as one of the most sought-after and rapidly growing localities in Pune. Situated within close proximity to IT hubs and the industrial areas of Ranjangaon, the demand of residential properties in Kharadi by IT professionals is growing rapidly. Developers like Kolte Patil, Panchshil Realty and Nyati Group have constructed several projects in this locality. Kolte Patil Signature Meadows, Panchshil Realty Panchshil Towers, Vascon Developer Forest County and Nyati Group Nyati Elysia are some of the notable projects in Kharadi. Tuscan Estate by Kolte Patil Developers is one of the lavish residential projects in Kharadi that is spread across 13 acres of lush greeneries. Unit size of apartments in this locality range from 483 to 5,375 sq. ft. The average price of apartments in Kharadi is Rs 5,443 per sq. ft. A total of 43 projects are under construction and 18 are due to get possession in 2014. Indeed, investing in property in Kharadi Pune will significantly result in lucrative returns in the near future.