I recently had the opportunity to again visit the site of the much-awaited Purva Silversands project in Mundhwa in Pune in the month of January 2018. This project represents one of South India’s biggest developers, Puravankara’s first foray into the west of the country. Similar to another of their upcoming projects, Purva Palm Beach in Bangalore in terms of its beach-living theme, Purva Silversands will look to set a benchmark for the developer’s future projects in this part of the country. I have mentioned my takeaways from this visit below.
Purva Silversands: Construction Updates
Purva Silversands had barely begun clearing the land parcel when I had been there last. During this visit, I could see the buildings of the project emerging from the ground. Construction was on at full swing at the site and one can clearly see that 2-3 levels of each building in the first phase have almost been completed.
The first phase of Purva Silversands has now been registered under Maharashtra RERA. For the 6 buildings (4-9), the RERA registration number is P52100007566, while for building I, which has been provided the name of Phase Kensington Court, the RERA registration number is: P52100005377. As per the developer’s registration with RERA for the first phase, the buildings 4 to 9 are to be delivered by 30th November 2021, though a home buyer here can expect to receive possession earlier than this date.
Of the six buildings in this phase, buildings 4, 5, 6 and 7 will each have around 21 residential levels, while buildings 8 and 9 will have 20 residential levels each. Three levels of parking will be provided below the podium level of these buildings. A similar division can also be seen in the apartment configurations on offer. While buildings 4-7 will offer apartments of 2 and 3 BHK, buildings 8 and 9 will have a greater number of apartments of 1, 1.5 and 2 BHK configurations.
Purva Silversands: Infrastructural Updates
The road leading up to Purva Silversands has greatly improved over the last year or so and should be a fully functional smooth ride for residents, well before possession of the apartments is handed over, as more and more people start moving into this area. Also on the anvil is the new bridge across the Mula-Mutha river, directly connecting the project to Eon IT Park and World Trade Center in Kharadi. With the Kharadi-Wagholi road also nearing completion, one can expect a sharp appreciation in property prices in the near future. The water supply in the area is a slight concern but will be alleviated well before residents get possession of their apartments. To conclude, things are definitely looking upwards for this promising project, in more ways than one!
*Infrastructure charges, legal fee, maintenance related charges/deposits, taxes, and statutory charges extra. The imagery used in the advertisement is indicative of style only. The photographs of the interiors, surrounding views and location may have been digitally enhanced or altered and do not represent actual views or surrounding views. Furniture, fixtures or fittings shown in the image are not standard and will not be provided in the apartment. No photos have been shot at the site.
**Terms & Conditions apply. Offer applicable of select units under the specific payment scheme
The last couple of years have been challenging for the Indian economy in general and the real estate sector in particular, with some major changes such as demonetization, GST and RERA coming in, which have disrupted the normal way of conducting business. However, there have been some developers who have actually been able to thrive in this environment by coming up with projects that are best suited to the customers’ needs and budget. Among these developers, a notable one is Pune’s VTP Realty, whose project VTP Solitaire we shall look at.
VTP Solitaire is located in Baner, which is a premium residential locale in the western part of Pune and known for its proximity to the IT hub of Hinjewadi. In addition, companies such as Veritas (0.6 km), Symantec (1 km) and also, the Teerth Technospace IT Park (5.1 km) are even closer to here. This project represents the developer’s first foray into this side of the city, having already established themselves in eastern and southern Pune with completed projects such as VTP Urban Space, ongoing ones (VTP Urban Nest, Urban Balance, VTP Urban Life, VTP Urban Rise, VTP Purvanchal and Bhagyasthan) and the upcoming ones including VTP Celesta, VTP Solitaire and KP Square. In this article, we focus on some of the key features of this promising project by a well-regarded developer.
VTP Solitaire: Site Overview & Current Status
VTP Solitaire is coming up on a 2.25 acre land parcel on the Baner-Pashan Link Road. This project, which will come up in phases, will be an L-shaped one, comprising of 4 buildings, a clubhouse, swimming pool, gardens etc. is accordingly, getting registered with RERA. The approach behind the project’s layout has been to efficiently utilize all available space to provide more amenities to residents. The project has a better design philosophy, with the focus firmly on interior design and space.
The project’s first phase will have 2 buildings, A and B coming up. This phase has already been registered under Maharashtra RERA, with registration number as P52100000727, which is a big positive for prospective customers. I could see during my visit that excavation work has started for this phase. The developer has set a target date of December 2020 for possession handover of the first phase. The initial response of home buyers to the project has been quite encouraging, with a number of apartments already been sold.
Each of the buildings will have 14 residential levels with 4 apartments on each level, built above 3 levels of parking. These buildings are among the taller ones in this area and promise to offer residents a great view of the lovely hills surrounding Baner.
VTP Solitaire: Apartment Overview
VTP Solitaire offers 2 BHK and 3 BHK apartments, which are the preferred options for most home buyers in this area. Of the two towers, Tower A will have exclusively 3 BHK apartments, while Tower B will have only 2 BHK apartments.
The most remarkable feature of apartments here is the optimal utilization of available area, so as to provide more livable space for residents. This has been achieved by designing the unit so as to minimize any internal passageways etc. Hence, on a like to like basis, residents get larger room sizes and that too at a lower price compared to other projects in the vicinity.
VTP Realty is a customer centric real estate provider and in a premium market like Baner, it is essential that they not just match, but exceed similar offerings by other developers. A look at their sample apartment makes this clear. The apartment comes with wooden flooring in the master bedroom and large 600X1200 mm vitrified tile flooring in the living cum dining room, kitchen, other bedrooms and entrance lobby. This gives a spacious and elegant look to the apartment.
The sanitaryware fittings used in the toilets will be of top brands such as Grohe or Kohler. The electrical switches will be modular ones of brands such as Anchor. Designed as per the requirements of the IT personnel, who form the majority of home buyers in Baner, the apartments come with additional smart features such as a video door phone (for security), intercom facility, gas leak detector and a digital locking system, where a unique digital code provided to each resident will allow them to lock and unlock their apartment, without fuss.
VTP Solitaire: Apartment Sizes and Prices
Baner is among the most high-end residential destinations in Pune and considering the premium features VTP Solitaire will contain, a prospective customer may feel concerned about the apartment pricing. However, the developer has been proactive in taking care that the apartments here are affordable for the salaried class.
A prospective resident can get a 2 BHK apartment in VTP Solitaire for Rs. 88 lakhs (all inclusive) onwards and a 3 BHK apartment for Rs. 1.22 crore onwards. Considering most of the competing projects in the neighbourhood are available at higher rates starting from Rs. 1 crore for a 2 BHK and nearly Rs. 1.4 crore for a 3 BHK and also keeping in mind the premium specifications and amenities offered by VTP Realty, this project indeed seems to provide good value for money.
The table below summarizes the apartment sizes and prices at VTP Solitaire:
Carpet Area (in sq. ft.)
Price (in Rs.)
673 – 739
VTP Solitaire: Amenities Overview
The developer’s aim to provide greater value for their money to residents is also borne out if one looks at the amenities planned to come up at VTP Solitaire. The centerpiece will be the clubhouse, planned to contain a fully-equipped gymnasium, indoor games facilities, a swimming pool with infinite edge and a party hall. The complex will also have gardens to promote social interactions and for community celebrations.
For residents’ water needs, the project will have borewells, apart from a regular supply from the Pune Municipal Corporation. Power backup will be provided for all lifts (1 passenger and 1 stretcher lifts) as well as all common areas. A broadband connection and Direct To Home (DTH) television connection to homes also form part of the plans. Rounding off the amenities, the project will have an onsite Sewage Treatment Plant, which will reuse the treated water for gardening etc. and a rainwater harvesting system.
For a home buyer, the factors that matter the most while deciding on a project is the developer’s reputation and track record, a convenient location, quality apartments with more space for oneself and one’s family and a good price at the same time. VTP Solitaire is a project which appears to have these factors covered, which is a testament to VTP Realty’s customer focus and responsiveness to the market demand. One can say that for home buyers looking to stay in Baner and wanting a comfortable, spacious home without spending a bomb for it, this project is an intriguing option.
Any mention of the Information Technology (IT) and biotechnology (BT) sector in the city of Pune is sure to have a mention of Hinjewadi. A small village on the city’s outskirts till a couple of decades ago, Hinjewadi is home to some of the biggest companies from across the world, whose futuristic office buildings have added a distinctive look to the skyline of this area. All these commercial developments have, in turn, attracted a number of real estate developers as well, who aim to provide the large population of techies with a home near their workplace. One such developer is Vascon Engineers, who have come up with a project Vascon Xotech in this area.
Vascon Engineers have a long association with the Pune real estate sector, having a number of residential and commercial projects to their name over the last 25 years. Vascon Xotech is their first residential project in Hinjewadi. The developer claims the location is ideal for the starved for time IT and BT professionals who are looking for both convenience and a better work-life balance when deciding to purchase a home. I recently visited the project and have mentioned my impressions of it in this article.
Vascon Xotech: Location & Connectivity
Arguably the biggest positive of Vascon Xotech is its location less than 1 km from Shivaji Chowk at the heart of Hinjewadi. Major IT companies such as Accenture, Cognizant, TCS, IBM, Cisco, Infosys etc. all have multiple campuses across Hinjewadi, all of which are within 1.5 – 6 km from this project. The same also applies to major industrial companies such as Tata Technologies and Dassault as well as biotech companies such as Gennova Biopharmaceuticals, Sai Life Sciences and Omniactive Health Technologies.
The development of Hinjewadi as a major IT destination has had a few side-effects too, such as increased traffic jams and greater commuting time as a result. By having their project in close proximity to workplaces, the developer has looked to make the commutation problem irrelevant. The arterial Mumbai-Pune highway is less than 2 km from the project site. The bus connectivity to other parts of Pune city such as Pune Municipal Corporation, Shivajinagar and Pune Railway Station is very good and frequent.
While the nearest railway station to the project is Akurdi (8.5 km), more convenient options for residents would be Shivajinagar (15 km) and Pune Railway Station (18 km). The Pune Airport is 23.5 km from here and can be reached within an hour.
Vascon Xotech: Social Conveniences
Another aspect where Vascon Xotech comes up trumps is the large number of social amenities near it. With Hinjewadi having experienced massive development over the last 15-20 years, a large number of reputed service providers have opened their establishments here. If one looks at schools, one comes across Mercedes-Benz International School (1.5 km), Blue Ridge Public School (3.5 km) and Orchid School (7.5 km). Higher educational institutions such as International Institute of Information Technology (2 km), Symbiosis Institute of International Business (2.5 km), Indira Institute (2.5 km) are very close to the project, with the Savitribai Phule Pune University (11 km) and Symbiosis University (14 km) a short drive away.
Among the medical care centers near Vascon Xotech are Sanjeevani Hospital (1 km), Ruby Hall Clinic (1.5 km) and Helambe Hospital (3.5 km). Orritel Hotel is right opposite the project, while major hotel chains such as Fortune Inn Exotica, Courtyard by Marriott and The Gateway are within 2-3 km from the project, as are a number of multi-cuisine restaurants. Topping off the list are major shopping centers such as D-Mart and Xion Mall (both 1.5 km away).
Vascon Xotech: Project Overview
Vascon Xotech is planned to come up in phases. The first phase, comprising of a single building named as ‘B’ is already completed and is in the ready for possession stage. This tower has 12 residential levels, built above 2 levels of parking i.e. the basement and podium. The 8th floor has space for a refuge area, as per building regulations.
The amenities are present in the common area of the project and include a clubhouse, a garden and a swimming pool. The project has 47 apartments in all, 4 to each level, with each apartment being provided a single parking space.
Vascon Xotech: Apartment Overview
Vascon Xotech offers apartments of 2 BHK and 3 BHK configuration. At the time of our visit, we were informed that all 2 BHK apartments had been sold, with only some 3 BHK units remaining, which indicates the appeal of the project. Of the four apartments on each level, 2 each are of 2 BHK and of 3 BHK. The base price of an apartment is Rs. 6000/sq. ft.
As one enters an apartment, one passes through a small lobby, which opens into the living cum dining room. At the opposite end from the entrance is a terrace. The kitchen and dry balcony are next to the dining area, while a short passageway connects the living area to each of the bedrooms. Both 2 and 3 BHK apartments come with two toilets, one attached to the master bedroom and the other being a common one. The living cum dining room and the bedrooms are quite spacious and exude a premium appearance.
The master bedroom has elegant-looking laminated wooden flooring, while the living cum dining room and other bedrooms use large 600 X 600 mm vitrified tile flooring. The living room and all bedrooms will be provided with AC, television and telephone points. All apartments have piped gas facility. Power backup will be provided for the lifts and common areas. The bathroom fittings will be of Hindware or Parryware.
An overview of the apartment configurations, sizes and prices at Vascon Xotech is provided in the table below:
Carpet Area (in sq. ft.)
Saleable Area (in sq. ft.)
Price (in Rs.)
97.6 lakh – 1.02 crore
Vascon Xotech: Amenities Overview
Vascon Xotech has a clubhouse in a separate building on the ground level. The clubhouse has a gymnasium and will also contain a LED screen and music system for residents to get together and watch movies or sports events. Behind the clubhouse is a landscaped garden with a kids’ play area.
Across the road from the building is a swimming pool for residents. In addition, the complex contains an onsite sewage treatment plant (STP), which will allow the treated water to be used for gardening or flushing. Also, rain water harvesting would be carried out to conserve water and use it effectively to meet residents’ needs.
Vascon Xotech is a project built for the techies, aiming to provide them comfort, convenience and value for money when it comes to their homes. Located in the prime location of Hinjewadi and offering homes with many premium features, the project has a lot going for it. It is an option worth considering for prospective home buyers working in and around this major IT and industrial area.
Among the upcoming satellite towns near Pune, Talegaon is one that particularly stands out as a real estate destination. This town has far outgrown its humble beginnings and is today, attracting a number of developers to come up with top quality projects and home buyers aplenty in equal measure.
This emergence of Talegaon as a promising real estate hub is not by accident, but is due to a coming together of a number of factors such as great connectivity, a pleasant climate and plenty of industrial growth nearby. We look at each of these factors which make this town so attractive to various categories of home buyers in the area.
Talegaon: Top-notch Connectivity
In today’s age, one can say that good connectivity is the harbinger of progress and Talegaon is doubly blessed in this regard, being well-connected by road and rail. Talegaon lies on the major national highway NH4, connecting Mumbai to Pune and onwards to Satara and Kolhapur. The Mumbai-Pune Expressway too is only 4-5 km away. One can reach here within 2.5 hours from Mumbai, 30 minutes from Pimpri-Chinchwad and 1 hour from Pune.
In addition, the town is connected by a well-tarred road to the neighbouring industrial area of MIDC Talegaon, as well as other major industrial areas of Chakan and Shikrapur. These industrial zones house major MNCs such as L&T, General Motors, Volkswagen, POSCO, JCB etc., with more (such as Foxconn) in the pipeline. A 200 hectare floriculture park for growing and storing flowers for domestic consumption and export has also come up here, as an initiative of the MIDC. Another major benefit, connectivity wise, is a link road from here to Hinjewadi & Talawade, the main IT hub of Pune.
Talegaon is well-served by PMPML buses from Pune as well as State Transport buses from Mumbai and other cities. Also, it lies on the Mumbai-Pune railway line. All local trains to and from Pune have a stop here and some even originate and terminate here. It’s not surprising to see how this connectivity attracts people of all hues.
Talegaon: Well-developed social infrastructure
Talegaon also can boast of good social infrastructure present in and around the town. A number of educational and healthcare options abound here, with large hotels and shopping centers within close proximity at Hinjewadi as well. Among the schools present here are the High Vision English Medium School, Heritage School by Pearson and BK Birla Centre for Education. The notable colleges around here include the Tolani Maritime Institute, MIMER Medical College and DY Patil College of Engineering. Medical care facilities are available at Lifeline Multispecialty Hospital, Pawana Hospital and Pioneer Hospital.
Talegaon: Lush green surroundings with a pleasant climate
Talegaon is at a nice elevation, which is actually higher than the popular twin hill stations of Lonavala and Khandala. This aspect ensures this town has a very pleasant climate all year round. In addition, it is surrounded by hills on all sides. Particularly during and just after the monsoon season, these hills abound with waterfalls and plenty of greenery, offering a soothing site to one’s eyes.
The Indrayani and Pavana Rivers flow by near here and their pristine waters add to the charm of living in this place. The town also boasts of large open spaces and offers great views of the surroundings for as far as one can see. With popular tourist attractions such as the Karla Caves, Bhaja Caves, Lohagad and Visapur Forts in close proximity to the town, it serves a good base camp for a nice short holiday.
Talegaon: Affordable homes
Adding more fuel to the demand of homes in Talegaon is the affordability of properties here. In comparison to Hinjewadi, Wakad or even Ravet nearby, Talegaon emerges as a far more economical option for home buyers. The average base price of a multistorey apartment in Talegaon comes to approx. Rs. 3,000/sq. ft. One can easily get a 1 BHK home for around Rs. 22 lakh and a 2 BHK apartment for Rs. 33 lakh, which is a lot lesser than elsewhere in Pune or Pimpri-Chinchwad.
Talegaon: Attractive to a wide variety of home buyers
A combination of all the above mentioned factors has meant that Talegaon is a much in demand housing destination. A significant portion of the demand for a home comes from people looking for a second or vacation home, particularly from Mumbai and to a lesser extent, from Pune. Demand has also come in from NRIs looking to settle in India and from senior citizens, who are attracted by the sylvan surroundings.
Another group of interested home buyers here is that of real estate investors, looking for good returns on their investment. Their optimism in this town’s growth prospects is justified by the fact that property prices here have doubled since the end of the year 2009. The town also attracts people working in the industrial hubs of MIDC Talegaon, Pimpri-Chinchwad and MIDC Chakan, as well as some spillover demand from the IT crowd working for various companies in Hinjewadi & Talawade IT Park.
Talegaon: Important projects
Aayush Park II is an upcoming project next door to the already completed Commander’ Aayush Park, being developed by the Earnest Group. This project comprises of 337 residential units of 1 and 2 BHK configuration spread across three towers. The amenities provided to residents include a children’s play area, gymnasium, jogging track, study room and a multipurpose court.
Goyal Properties, one of the emerging developers in Pune, have their upcoming project My Home Talegaon located just off the Talegaon – Chakan Road. Offering quality 1 and 2 BHK apartments spread across 3 wings on a 2.5 acre land parcel, it boasts of amenities such as a landscaped garden, jogging track, amphitheater, multipurpose hall and a children’s play area.
Located almost next to the Indrayani River is Parmar Construction Company’s project, Rio Vista. Offering 1 and 2 BHK apartments at an affordable starting price of Rs. 21 lakhs onwards, it’s unsurprisingly attracting plenty of interest. Among the amenities on offer are a river view deck, a river view meditation zone, a Spanish themed clubhouse, party lawn and a central plaza.
When one hears the name ‘Talegaon’, it is understandable that one would consider it to be a village, owing to the ‘Gaon’ in its name. However, one visit to this ‘village’ is all it will take to dispel any such notion. Talegaon’s easy approachability, the affordability of apartments here, the pleasant climate and lovely surroundings put together make it a great place for someone to consider purchasing a home in. One can see why this hitherto nondescript village has seen such a rapid rise in real estate and is now, poised to become a new satellite city of Pune. A host of prominent developers have taken note of this town’s promise and have come up with projects, perfectly suited to the profile of interested home buyers here.
If one looks at the ever-expanding skylines of our cities, one sees a number of residential projects of all kinds coming up (apartments/villas/row houses), all catering to various categories of home buyers. However, a glaring miss in the Indian real estate sector has been homes for the senior citizens and elderly among us. The needs and requirements of this class of home buyers are quite different from a regular customer, but until recently, there was little or no attention paid to it. This picture is now changing with projects coming up catering exclusively to the elderly, one of which is Gagan Nulife in Kamshet near Pune.
Gagan Nulife is a project, developed by Gagan Properties, a major player in the Pune market, with a large portfolio of residential and commercial projects to their name. The developers claim to have done plenty of research into senior living before coming up with this project. The project has been designed by globally renowned architect Perkins Eastman of USA. I visited the project to see whether it delivers on its promise.
Gagan Nulife: Special Facilities for Senior Residents
Gagan NuLife is designed with a special focus on senior citizens and their needs. The state-of-the-art Dr. Bade’s Geriatric Center and Nulife Hospital with ICU facility focuses on the well-being and health of the residents. It includes a fully-equipped, fully-functional hospital with ICU, Operation Theater and day care. Periodic medical check-ups of residents are conducted and a nurse is available on call for any emergency. Facilities such as preventive medical check-up and routine physiotherapy are available and provided by a professional team of experts across various fields.
The complex has an ATM and a fully functional pharmacy for residents to purchase any medication they need. Guest rooms are provided in the clubhouse, where family members and relatives of the residents can stay. The corridors are wide enough to allow for wheelchair access. The NuLife package includes facilities such as daily housekeeping, weekly laundry, maintenance of common areas and weekly activity programmes to keep residents active and have them interact with each other. Events such as Music Night, celebration of festivals of Ganesh, Kite Flying, Independence Days, etc are celebrated in a way that engages all resident seniors as well as their families and friends.
Gagan Nulife: Site Overview
Gagan Nulife occupies an area of 14 acres. This project is coming up in phases. The first phase comprises of apartment blocks D and E, which have 3 wings each namely D1, D2, D3 and E1, E2, E3.
Located in the center of the complex is an amphitheater, while the other amenities are spread across the project. Next to the entrance of the project is the amenities facility called Nucampus which houses recreational facilities as well as the aforementioned hospital. The area in the center will be vehicle free to ensure safety of residents. The project comes with generator backup for common areas as well as a stretcher lift in each building. The project has also been provided the Silver certification by IGBC (Indian Green Building Council).
Gagan Nulife: Apartment Overview
Gagan Nulife offers homes of 1 BHK and 2 BHK configurations, each of which are in two categories: Compact and Spacious. Block D3 has 4 apartments per residential level, all of which are 2 BHK Spacious apartments. In block E, wings E1 and E2 have 6 apartments per residential level, of which 3 are 1 BHK and 3 are 2 BHK Compact apartments. Wing E3 has apartments of the same configuration as block D3.
Not just the apartments, but the entire complex has been designed to provide ‘no step entry’ to residents and wider doorways. Hence, the senior citizens, who will reside here, need not ascend any steps, which may be inconvenient for them. The apartments too have been designed with special care keeping in mind their needs. The bedrooms and kitchen are quite spacious. Anti-skid tiles have been used in the flooring for all rooms and the bathroom, the latter of which will also have grab bars for resident to be able to comfortably seat themselves and easily stand-up.
Further adding to the convenience of residents is the facility of keyless entry to their apartments. All apartments are provided with an inverter for power backup. Video door phones are provided for security purposes, while an easily accessible panic switch in each apartment allows residents to communicate directly and speedily with the onsite staff, in case of any emergency. All these features clearly indicate the thought that has gone behind designing this project.
The following table mentions the apartment configurations, sizes and prices (the price includes a maintenance fund) for the first phase of Gagan Nulife:
RERA AREA Sq.ft.
Price (Rs. Lakhs)
477.9 – 712.98
824.81 – 920.73
Gagan Nulife: Other Amenities
The sheer number of amenities provided to residents at Gagan Nulife is mind-boggling. In fact, the complex has a total of 1 lakh sq. ft. of amenity space. The clubhouse is at the heart of the amenities. Apart from the guest rooms, pharmacy and ATM, it has a multi cuisine restaurant as well as a fully operational community dining hall, which offers residents a variety of dining options. The clubhouse contains a temperature controlled swimming pool, library, coffee shop, salon, spa, common TV room and an internet café. In addition, a geriatric fitness club has equipment for the senior citizens to use comfortably to keep themselves fighting fit.
The central amphitheater has a party lawn, providing a common space for community celebrations or for watching performances. Among the sports facilities provided are a badminton court, chess and an outdoor gym area. Also provided in the complex are a temple, Pooja garden, meditation zone, vegetable garden and a Nakshatra garden.
Gagan Nulife: Location & Connectivity
Gagan Nulife is located in the town of Kamshet, Lonavla just off the Mumbai-Pune NH4. A left turn at Kamshet and a short 2 minute drive from the highway bring you to the project. The highway location conveniently connects it to the cities of Pune (48 km) and Mumbai (105 km), which account for most of the interest in the project. Also, the popular hill station of Lonavala is 18 km away from here. However, the hills are not too far away from here. In fact, one gets an amazing view of the lovely Sahyadri Hills from the project, an amazing sight for residents to wake up to.
The project is 1.5 km from Kamshet Railway Station, while Lonavala station (18 km) is a convenient stopover for most passing trains. The developers have looked to assist residents in commuting by providing a complimentary shuttle bus service to nearby Talegaon and Lonavla. The nearest airport to the project is Pune Airport (50 km).
A look at the plans for Gagan Nulife and the way the project has shaped up is a clear indicator of the developer’s focus on the needs of their elderly customers and the sheer attention to detail, which has gone into this project. This well-connected project with top class facilities ensures that the residents need not leave the complex for any of their needs, however big or small they may be. One can say that this project paves the way for other similar projects catering to the needs of the often overlooked segment of home buyers i.e. the elderly.
If one looks at the way most cities in India have come up, one would see a trend. Most cities began as 2-3 areas getting merged to form its center, following which the influx of population saw the city expand in all directions, bringing more and more land and erstwhile villages in its fold. The city of Pune is no exception to this rule and among these villages, which is now an important part of the city’s ever-expanding skyline, is Pisoli in the South.
Pisoli has seen rapid development particularly in the last 5 years, as it and its popular neighbour Undri saw a heavy inflow of new residential projects and home buyers ready to snap up apartments in these projects. Today, Pisoli and Undri boast of projects by some of the country’s leading developers, apart from social infrastructure that would make more established areas in the city feel envious. In this article, we focus on the rise of Pisoli and what makes it such an attractive real estate destination.
Pisoli: Location & Connectivity
Pisoli is located in south Pune, along the Katraj-Hadapsar bypass road and comes between the areas of Kondhwa and Undri. This proximity to Kondhwa (4 km) and also Hadapsar (10 km), which are both industrial hubs, attracts spillover demand for homes from people working in these areas. However, the main customer segment for properties here are the techies working in the IT hubs of Magarpatta City (11 km), SP Infocity (10 km) and even Kharadi (15 km), who find this area to be affordable and not too far from their workplace either.
Pisoli has also attracted interest from people residing in the saturated areas of Wanowrie, Salunkhe Vihar and NIBM Road, who can get a larger apartment here at a cheaper rate. What also works in its favour is its proximity to the popular shopping destination of MG Road (10 km). Since Pisoli was made part of the Pune Municipal Corporation, the area has seen improved connectivity by PMPML buses, though the frequency needs to improve a bit more.
The roads here are currently being developed and expanded to boost last mile connectivity. While the nearest railway station is Sasvad Road (6.5 km), Pune railway station (12 km) is a far more convenient railhead for residents. Pune Airport is 18.5 km from here. However, the upcoming new airport in Purandar promises to be a game-changer for Pisoli, being one of the nearest areas to it and housing demand is likely to get a major boost as a result.
Pisoli: Social Conveniences
While Pisoli may be an upcoming real estate destination, residents of this area benefit from numerous social amenities present in its developed neighbourhood, which includes Undri, NIBM Road, Kondhwa and Wanowrie. Some of the best schools in Pune are within a very short distance of Pisoli, the most notable among them being Bishop School (1.5 km), Euro School (1.5 km), Sanskriti School (2.5 km) and Delhi Public School (4 km). Among the colleges near here are Sinhgad College of Commerce (2.5 km), Sinhgad Academy of Engineering (2.5 km) and Trinity Academy of Engineering (5.5 km).
Medical care facilities around this area too are plenty and include Sofia Hospital (4 km), Satyanand Hospital (5.5 km), Ruby Hall Clinic Wanowrie (6.5 km) and Inamdar Multispecialty Hospital (8 km). Some of the city’s best malls such as Kumar Pacific Mall (9.5 km), Seasons Mall (12 km) and Amanora Town Centre Mall (12 km) are also easily reachable from here.
Pisoli: Affordable Apartments
Probably the biggest factor, which drives interest in properties in Pisoli is the vast number of projects coming up and the affordable rates that apartments in these projects have. The property rates in Pisoli are much lower than the saturated areas of Wanowrie, Kondhwa and NIBM Road and are also lower than Undri next door. Most of the projects here are apartment projects of 1, 2 and lately of 3 BHK configuration. The average price for a multistorey apartment here is approx. Rs. 4300/sq. ft.
One can get a 1 BHK apartment here for a starting price of approx. Rs. 22 lakh, while the starting price for a 2 BHK and 3 BHK apartment here is Rs. 32 lakh and Rs. 55 lakh respectively. Very few areas in and around Pune offer apartments at such low rates and unsurprisingly, the demand for housing is quite high. This high demand, in turn, is likely to lead to sharp price appreciation in the near future, which is beneficial if one is an investor.
Pisoli: In Nature’s Lap
Another plus point of living in Pisoli is the natural beauty which surrounds it. The lovely Sahyadri Hills overlook this area and are a sight not to be missed, particularly during the monsoon season, when they contain waterfalls. In addition, the traffic around this area is much lesser than other parts of the inner city. Hence, residents can lead a quiet and relatively pollution free life in the lap of nature.
Pisoli Pune: Upcoming Residential Projects
Gagan Properties are among the leading developers in the city of Pune, with a number of residential and commercial projects in their portfolio. Specializing in providing luxurious yet value for money homes, Gagan Properties have invested heavily in Pisoli, with many of their projects coming up here.
Gagan Renaissance is a premium project with ready to move in homes, which include 1 BHK (carpet area: 510 sq. ft.), 1.5 BHK (652 sq. ft.) and 2 BHK (770 – 865 sq. ft.) apartments. This project offers amenities such as a clubhouse, swimming pool, party lawn and an amphitheater. One can get an apartment in this project, in a price range from approx. Rs. 30 lakh to Rs. 50 lakh.
Gagan LaWish is another project in Pisoli by Gagan Properties. This project includes 3 residential blocks, of which 2 blocks are ready to move in and 1 is under construction. It offers large and spacious homes of 1 BHK (carpet area: 528 – 538 sq. ft.), 2 BHK (744 – 874 sq. ft.) and 2.5 BHK (1024 – 1072 sq. ft.). The complex boasts of large entrance lobbies, a well-equipped clubhouse, an amphitheater, children’s play area and a party lawn. An apartment here is available in the range of approx. Rs. 32.5 lakh to Rs. 62.5 lakh.
Move a bit further and one comes to Gagan Cascades. This project, located right next to the surrounding hills, promises to offer a comfortable living environment. The apartments here are of 1 BHK (carpet area: 426 – 470 sq. ft.) and 2 BHK (614 – 769 sq. ft.) configuration. This project is currently under construction, with possession expected to be handed over by June 2018. The price range of an apartment here is approx. Rs. 28.9 lakh to Rs. 48.3 lakh.
Conclusion: Pisoli Pune
One can say that Pisoli Pune clearly has a lot to offer to prospective home buyers in southern Pune. Be it its location next to the hills, its connectivity to important shopping and transportation hubs, the good network of social infrastructure around it combined with the affordable property prices and it’s not hard to see why developers and home buyers alike have been making a beeline to this fast emerging area. Looking forward, one can see plenty of further developments coming up, which will further position Pisoli as an area of choice.
The details displayed on the website are for informational purposes only. Information regarding real estate projects including property/project details, floor area, location data has been sourced from multiple sources on best effort. Nothing contained herein shall be deemed to constitute legal advice, solicitations, marketing, offer for sale, invitation to acquire by the developer/builder or any other entity. You are hereby advised to visit the relevant RERA website before taking any decision based on the contents displayed on the website.
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