Pune is a buzzing real estate hotspot in India. Offering a host of employment and academic opportunities, the city is witnessing a steep demand for residential accommodation. This led the Maharashtra government to focus on developing several suburban areas around Pune to accommodate more people coming to explore opportunities there. The efforts of the Pimpri Chinchwad Municipal Corporation (PCMC) have led the PCMC area to be upgraded from being a ‘C-class’ area to an ‘A-class’ location. Housing in the PCMC area comes from various developers, offering a host of apartments whether affordable or premium.
Given the various benefits of the locality, the residential property in PCMC is selling like hotcakes. The key localities under the PCMC include Pimpri, Chinchwad, Chakan, Nigdi, Hinjewadi, Akurdi, Ravet, Bhosari, Punawale, Talegaon and Sangavi. There is no dearth of apartments for sale in Pimpri Chinchwad, let us explore what makes them so desirable.
PCMC is strategically located 15kms away from Pune and around 150 km from Mumbai. The Pimpri Chinchwad region is spread over 181 sq km of area. The PCMC region is a cluster of several small towns, including Pimpri, Chakan, Chinchwad, Nigdi, Hinjewadi, Akurdi, Rawat, Bhosari, Punawale, and Sangavi. The area is home to a population of around 20 lakhs, it is predicted to become much bigger by 2025.
The locality offers excellent connectivity via road, rail, and air networks.
Road: With connectivity to Pune city via the old Mumbai-Pune highway, the PCMC region could be reached within a matter of half an hour. The Panvel-Chakan state highway is said to improve connectivity between the two nodes, the proposed Pune Outer Ring Road is expected to solve the traffic woes between Pune and the Pimpri-Chinchwad region.
Metro: Metro work is also underway to provide the PCMC area with metro connectivity. The Metro lines between Pimpri Chinchwad to Swargate and Vanaz to Ramwadi are currently under construction and might see completion by 2022.
Railway: The area enjoys railway connectivity through the Pimpri railway station, the Chinchwad railway station, and the Akurdi railway station. The Pune-Lonavala suburban train also passes through the Pimpri-Chinchwad area.
Air: Currently the PCMC area is being served by the Pune Airport, however air travel from here will become more accessible once the upcoming airport at Chakan becomes operational.
Apartments for sale in Pimpri Chinchwad are mostly affordable. This is another factor that makes the housing in PCMC so desirable than other areas in Pune suburbs. The fact that the area was much less crowded than the dense mainstream localities in Pune encouraged homebuyers to invest in Housing in the PCMC region to enjoy the peace and large living spaces. Rising residential demand has to lead to increase in commercial set-ups too.
PCMC region has grown to prominence on account of being an industrial hub. People like to live near their workplaces to cut down on their travel time. The industrial hub that it is, there are numerous housing options to choose from. The presence of industrial areas like the Pimpri MIDC and the Chakan MIDC and several IT parks has been highly instrumental in boosting the demand for housing in the PCMC localities. PCMC region has around 2,969 industrial units operating from here. Besides, the area also hosts many educational institutes.
The ever-improving social infrastructure is also seen furthering the growth prospects of the PCMC region. PCMC region is home to various reputed educational institutes, hospitals, shopping malls, and nightclubs. All your daily requirements are conveniently accessible.
PCMC region is growing on account of the planned development, something that the neighboring Mumbai and Pune lack.
PCMC localities are buzzing with affordable residential options driven by the large number of people employed in the IT and automobile hubs in the area. Its location advantage and newer infrastructural developments continue to push the growth prospects of the PCMC region. Book your space soon!