Twin SEZ Wonders Making Hadapsar Popular In Real Estate Circles

Sep 20
10:17

2014

ramyamane

ramyamane

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One of the popular places in the city of Pune, Hadapsar is the bastion of the two special economic zones lovingly called the SEZs. The special economic zones of the town made it the cynosure of the people.

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Investors are going crazy over the different types of opportunities available here. The sleepy town with no claim to fame prior to this,Twin SEZ Wonders Making Hadapsar Popular In Real Estate Circles Articles apart from a steady stream of visitors to the town, transformed into a happening place with the establishment of the SEZs and the other industries in the area. The locality is also home to many prominent industries making it a sought after destination for the home makers.

Housing needs emerge

As the demand for the land to build the industrial establishments grew, the need for the housing also increased. Additionally, the place is well-endowed with natural beauty that enables to retain the interest of the people in making it their home even without the push of industrialization. However, the major catalyst was the development of the Magarpatta city and the Fursungi IT Park. They did good business that inspired other companies to try Hadapsar for themselves. The situation is such that as the number of companies increase, the employees will arrive in hordes too.

Connecting to the world

The highway connecting the cities of Hyderabad and Mumbai connect the city to two different cities. It is also called the Solapur road for obvious reasons. Prior to the IT boom, the town was home to the large agricultural tracts of land and a few engineering based companies. With the emergence of IT, the situation changed and a lot other commercial institutions also established themselves. With numerous opportunities emerging on the commercial side of the town, there is a large scale trade activities happening. Developers are clamoring to get in, and the commercial merchants are quite happy to serve the growing clientele of people in the city. With many inferences about the advantages of Hadapsar as an investment option, it was not long since the properties sold at premium prices.

Increase in popularity

Owing to the saturation of the lands in the nearby suburbs which are much closer to the biggest IT hubs of the region, the little town of Hadapsar has seen a major demand for its properties. Land and apartments in Hadapsar are also selling like hotcakes. Investors want a piece of it before the doors to land development is closed forever like it happened in Aundh. With many professionals living here, it is a given that all of them will not be working in the companies right next doors. The transportation media they use consists of autos, buses and the ever-present train service. Surrounded by tourist sites, there is not much scarcity of transportation avenues.

The tourism industry is going strong with the various recreational activities of the town making it easy for visitors to join in. there are temples, mosques and other religious sites which assuage the need for any religious intervention. The gliding center of the place is an added advantage for the place. The rates of the place reflect the popularity and demand that the people hold for it. They are about Rs.5260 per sq. ft.