Neighbourhood Watch – Wagholi, Pune
The gem of North Koregaon, Wagholi is one of the most important real estate hubs in the Satara district of Maharashtra. Known for its IT parks, schools, colleges and high literacy rate, Wagholi also finds its place among the most sought after real estate investment options in Pune.
Once upon a time, Wagholi used to be the seat of a famous Maratha warrior called Sardar Pilajirao Changojirao Jadhav. Today, it is widely recognized as the beacon of real estate in Pune. It has witnessed unparalleled growth in all sectors, including education, industry and realty. Real estate in Wagholi has been one of the most preferred areas of investment in recent times, and this has led to the development of several properties in Wagholi which include residential as well as commercial ones.
Connectivity
Conveniently located on the eastern belt of Pune, Wagholi enjoys seamless connectivity to all major points of interest in and around Pune via the Nagar Road and Wagholi Road. It is also very well-connected to places like Kesnand, Wadgaon Sheri and Pimpri Chinchwad, all of which are located close by.
Hotels
Being an IT hub and an important town in Maharashtra, Wagholi offers ample number of options to visitors looking for temporary accommodation. There are quite a few hotels located along Nagar Road, a few of which include Saffron Hotel, Hotel Dreamland and Hotel Kaveri.
Shopping Malls and Recreation
Although property in Wagholi is still in its developmental phase when it comes to infrastructure, there are several recreational hubs located in the nearby areas of Viman Nagar, Koregaon Park and Pune. These include:
- Ishanya Mall at Yerawada
- Nucleus Mall at Camp, PMC
- Inorbit Mall at Wadagaon Sheri
- Phoenix Marketcity Pune
- Pune Central, Pune
- Koregaon Park Plaza, Koregaon
- Educational Institutions
Wagholi is extremely popular for its educational facilities which are located in various parts of the town including Wageshwar Nagar, Baif Road and Nagar Road. Some of the educational institutions worth a mention include Jyotirmay International School, JSPM Imperial College of Engineering and Research, Lexicon International School and G.H. Raisoni College of Engineering and Technology.
Hospitals and Banks
There are several recognized hospitals in Wagholi which include the famous Kolte Hospital at Nagar Road, Nathshree Hospital and Noble Hospital. Banks are also located in various parts of Wagholi, and some of these include State Bank of India at Nagar Road, Bank of Maharashtra at Baif Road, Andhra Bank at Nagar Road and HDFC Bank at Viman Nagar.
Real Estate in Wagholi
There are a total of 69 projects running in Wagholi, out of which the key delivered ones include Chrysalis by BU Bhandari, Konark Exotica by Karia developers, Umang Homes Phase-1 by Kolte Patil and Solacia by Belvelkar Housing. There have been a total of 24 new launches since Jan 2013 with 6000 new units launched. Important projects which are currently under way include Mantra Park by Majestique Properties, Umang Homes Phase-2 by Kolte Patil, Umang Pride by Kolte Patil and Palms Phase-2 by Sukhwani Properties. The minimum price of property in Wagholi is Rs. 2400 (Balaji Nisarg by Tirupati Developers) and the maximum is Rs. 4,450 (Fria by Marvel Group), bringing the average property price in Wagholi to Rs. 3,650 per sq. ft.
Visit PropTiger.com to know the latest details on new projects in Wagholi and other areas in Pune.