Hadapsar property market: An overview by Agney Sugla

Hadapsar is one of the rapidly developing suburbs of Pune, located in the eastern provinces of the city. Long back in 1990’s, Hadapsar was a small village encircled by farms. However, in present day Hadapsar has a different story to narrate altogether- It houses Pune’s two major SEZ’s Magarpatta City and SP Infocity. The locale is governed by Pune Municipal Corporation. The upscale IT companies like Avaya, Honeywell, Accenture, TCS, Capgemini, IBM, Xento Systems, John Deere, SAS, Syntel, Clarion, IGate Global Solutions, Mphsais, Sybase, ADP, Allstate etc have their offices in the area.

The real estate upliftment of Hadapsar is totally credited to both the SEZ’s. Apartments in Hadapsar are majorly the residential choices of the young workforces from the IT hubs, nearby. The locale also encounters high rental demand, which makes it one of the best places for a second property investment. The area offers home within varied price range, from standard to luxurious.

Hadapsar is conveniently connected to all city centres. The strategic Pune Solapur Road, which is a part of Mumbai Hyderabad National Highway, passes through the area.  The locality is also close to NH-4 and can be connected easily via Handewadi Road, Kondhwa Bypass. The area is within close proximity to the CBD of Pune and the key distances are as follows- Pune Station- 8.3 Km, Pune Camp- 7.8 Km, M.G Road- 7.4 Km, Pune Airport- 12 Km. The proposed Outer Ring Road is also the major supporters for Hadapsar’s real estate upliftment.

The exclusive transport system of Hadapsar is one of its best utilities. Pune Mahanagar Parivahan Mahamandal Limited is the provider of public transportation in the region. The PMT bus depot in Pune-Solapur Road is one of the major landmarks of the locality. Hadapsar is also blessed with BRTS (Bus Rapid Transit System) transportation facility. Apart from buses, the other public commutation modes are auto-rickshaws and taxis. The region also has trains as another popular medium of commutation.  Trains for many local and national destinations are available from Hadapsar Railway Station. Additionally, the proposed Metro route through Hadapsar is making the region more lucrative for real estate developments.

Hadapsar is close to several plush areas like Kharadi, Wanowrie, NIBM, Undri , Fatima Nagar etc. The region is easily connectible to its neighbourhoods through well-planned road networks. Apartments in Kharadi, NIBM, Undri etc are also on wish list of property purchasers.

The region houses several modern social utilities like reputed schools and colleges, healthcare facilities, shopping centers, hotels, restaurants etc.  The Lexicon School, Pawar Public School, Amanora School, JSPM’s Engineering College, Mahatma Phule Institute for Management and Computer Studies are few known educational institutes of the area.  Sahayadri Hospital, Noble Hospital, Sanjeevani Hospital are few renowned healthcare facilities available at the region. The Amanora Mall, Seasons Mall are the famous shopping destinations for the residents.  The region also hosts several hotels and restaurants for the residents.

The two noted landmarks of the area are the Gliding Centre and the Hadapsar Vegetable Market. The Gliding Centre is the training destination for aspiring pilots under the undertaking of the Directorate General of Civil Aviation, Civil Aviation Department, Government of India. The Hadapsar Vegetable Market is popular destination for fresh vegetable, which are available at much reduced price.

Several builders like VTP Group have tapped the locality for their residential ventures. The 1, 2, 3 BHK flats for sale in Hadapsar are the most popular choices for the home buyers, especially the IT workforces from the nearby hubs. The locality offers reasonable property prices that lure the first time home buyers as well as the second home investors.

Hadapsar offers best residential availabilities that are close to workplaces, plenty of social resources and good infrastructural conditions, which catalyzes its real estate development. With obvious reasons, it is one of the fastest growing localities that provide all sorts of lifestyle comforts to the residents. Thus, buying residential flats for sale in Hadapsar is one of the smart deals for modern home buyers.

Top Projects in Hadapsar:

• VTP Urban Balance

Future Growth Insights

As the real estate development within the city limits are nearing saturation, several potential buyers are opting the suburb localities for their dream homes. Hadapsar is one of the prominent outskirts, which has gained home buyers preference, a lot.  The wide choice of 1 and 2 BHK flats for sale in Hadapsar is most popular residential scopes, along with the sprawling 3 BHK options.

Many IT giants are planning to establish their operational center in Hadapsar, which makes the locale more desirable residential destination. The proposed metro route and Outer Ring Road infrastructure development, is going to boost property prices of this area in near future.