Pimpri Chinchwad Real Estate Market
Pune’s real estate market is considered one of the most lucrative in the country today. That said, one can argue that no other region in Pune harbors a real-estate market for commercial properties that’s as vibrant and promising as Pimpri Chinchwad.
Widely recognized as Pune’s famous twin city, the region is steadily growing to become one of India’s prominent Industrial clusters. Pimpri Chinchwad is today home to an array of industrial and commercial projects. Everything from pharmacy and rubber manufacturing units to IT businesses has made settlements here.
Ever since the early 1990s, Pimpri Chinchwad has attracted ambitious entrepreneurs from neighboring states, and countries worldwide who wish to set up shop here. This trend is expected to continue in the coming years as well.
Benefits of Investing in Commercial Office Projects in Pimpri Chinchwad
Numerous reasons can be attributed to this region experiencing such an expansion of commercial properties. Entrepreneurs can benefit immensely in multiple ways by investing in commercial projects in Pimpri Chinchwad.
Allow us at Ravima Ventures to shed light on these benefits below.
1. Prime Location with Easy Connectivity.
One of the things that makes Pimpri Chinchwad such an attractive prospect for commercial projects is its location. The region happens to enjoy easy connectivity to prominent IT zones and industrial sectors of Pune.
Pimpri Chinchwad is well connected to IT hubs and industrial areas like Alandi, Hinjewadi, Baner, Chakan, Talegaon, and more. You’ll have easy access to roads that’ll conveniently take you to all other key areas of Pune. Add to that, there are new metro routes that one can also take advantage of as well.
2. The Growing Residential Settlement
Once upon a time, Pimpri Chinchwad was known for predominantly harboring commercial and industrial projects. That has changed recently with densely populated residential settlements that are popping up all over the region.
These residential settlements are actually good for business. With so many families and folks living nearby, business is bound to boom. Commercial enterprises will have no shortage of customers to keep them busy all day long.
3. The Appreciation Rate
The value of real estate in Pune has been on a constant rise and Pimpri Chinchwad is no exception. The region’s value has only multiplied in recent years. This increase in value can be felt in the prices that are being charged for selling and renting homes.
For many people, commercial property can serve as a consistent source of income for them and their families for the rest of their lives. This is a good enough reason for investors to consider investing in commercial projects here.
4. The Long-Standing Industrial Settlements
Pimpri Chinchwad has long been the go-to hub for industrial settlements in Pune. The settlement of such projects in this area began in the 1990s and hasn’t really stopped since. Many entrepreneurs deem it as a region that has been tried and tested for success by many companies that have come before them.
This history is yet another reason for investors to place their bets on Pimpri Chinchwad. The place is evidently profitable for setting up manufacturing and production operations by Industries delving into various domains.
5. Easy Access to Employment Hubs
Commercial office projects need a reliable workforce to thrive. Pimpri Chinchwad’s close proximity to various major employment hubs in the city makes it a place that is filled to the brim with qualified professionals waiting to be recruited.
Famous IT parks like the Rajiv Gandhi InfoTech Park and International Tech Park attract candidates looking for a job from all over the country. As such, commercial projects get easy access to an endless pool of talented candidates that can help them grow in scale and profits.
6. The Social Infrastructure
Pimpri Chinchwad, and the locality nearby, is studded with impressive social infrastructure. You’ll find massive malls for shopping and entertainment. There are also high-end restaurants and clubs that one can visit for some much-needed reprieve from work.
The place is also very close to some of the most prestigious schools, colleges, and universities in the country today. Furthermore, residents of Pimpri Chinchwad live in close proximity to some of the best hospitals and clinics in town.
7. The Future Promise
In a recent report published by The Colliers, Pimpri Chinchwad was listed among the top 5 areas in Pune that have witnessed an enormous rise in real estate investment. The report suggests that the quality of life here, the location, and the real estate activity are reasons for its recent popularity.
The Colliers Report clearly states that Pimpri Chinchwad will continue to exhibit immense promise when it comes to the development of commercial projects. The limited availability of land within Pune will only result in Pimpri Chinchwad experiencing further development of properties that’ll be available for sale at low prices.
Conclusion
Not so long ago, Pimpri Chinchwad was seen as a region in Pune that was best suited for the poor and middle class of the city. With the constant development of high-end real estate projects being spearheaded by the best builders in the country, Pimpri Chinchwad has today emerged as one of Pune’s most promising hubs for investment in commercial projects.
From world-class social infrastructure to a growing residential settlement inhabited by a premium population, Investors have many good reasons to set up shop in this Pimpri Chinchwad today.
Enquire Now For The Work Club Commercial Office Spaces
Simply choosing Pimpri Chinchwad for your commercial office won’t be enough to get promising returns in the future. You’ll also require a commercial office space that’s bolstered by state-of-the-art infrastructure and world-class amenities.
That is exactly what we at Ravima Ventures offer with our highly ambitious project – The Work Club. With The Work Club, we wish to completely revolutionize how offices conduct their business in India. The Work Club, with all of its modern amenities and features, intends to offer businesses and their staff a work environment that encourages fun without compromising on productivity.
Call us at Ravima Ventures now to book a site visit or learn more about the project.
