Jun 19, 2023

Pimpri: the city near Pune to look out for

by Godrej Properties Limited

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Pimpri-Chinchwad, popularly known as PCMC, is a city in Maharashtra, India. The city is located around 15 kilometres (9.3 miles) northwest of the historic city of Pune. By population, it is the fifth largest city in Maharashtra, the nineteenth largest city in India, and the sixteenth largest satellite city in the world. The city lies 135 kilometres (84 miles) southeast of Mumbai, the state capital. It is one of India's fastest-growing suburban districts, and it has emerged as the country's third fastest-growing metropolis. It is well-known for its manufacturing industries for information technology and automotive.

Economy

Pimpri, the city near Pune to look out for is one of Asia's major industrial hubs, with the majority of its contributions coming from the PCMC area. MIDC's foundation in 1962 resulted in a continuous process of industrial site acquisition and the development of necessary support infrastructure. Since then, there has been a large influx of European corporations interested in establishing manufacturing plants in PCMC, Pune. It has had remarkable growth in terms of industry, and it is home to the majority of the major automobile companies and their headquarters. The software and IT departments are also expanding rapidly.

Top Reasons to invest in Godrej ICC Pimpri Chinchwad:

Purchasing a home is an expensive investment. Such initiatives are typically claimed to be the lion's share of your savings. As a result, the decision to purchase such high-end assets must be made with caution. Aside from the planning and architecture of the home, the location is also extremely important. This is one of the factors that can influence the property's ROI in the future. When it comes to new residential properties in Pune, the Godrej ICC Pimpri Chinchwad residential property is worth considering.

Reasonably priced

Individuals and families can find the Godrej ICC Pimpri Chinchwad project in Pimpri which include all modern amenities like a gymnasium, club house, multipurpose hall, swimming pool, kids play area, and senior citizens area. Pimpri Chinchwad properties are now selling 2BHK, 3BHK, and 4BHK flats at a reasonable price. As a result, this could be another motivation to invest in Pimpri’s residential real estate.

Connectivity

Pimpri is about proper road networks. It is close to the Hinjewadi IT Park, which has a significant demand for residential property investments. The roads provide excellent access to all local locations. Pimpri, the city near Pune to look out for is very well connected to major cities by road and rail. As a result, the value of real estate in this area will undoubtedly skyrocket in the coming years. 

Super Urban Amenities

Aside from the specific amenities described above, there are several variables that contribute to the location's allure. The area is densely packed with facilities such as banks, ATMs, shopping centres, and local markets that enable communities to live conveniently. 

Things to Consider Before Buying a Residential Property in Pimpri

Before acquiring a residential property in Pimpri, consider the following factors:

RERA Validation

Before investing in a residential property, ensure that it complies with the Real Estate Regulatory Authority's (RERA) standards. It is a statutory body established following the passage of the RERA Act in 2016. This organization's mission is to promote transparency and accountability in India's real estate business. Each state has its own RERA portal, where all information regarding properties and builders registered in the state is recorded and updated. 

Infrastructure

You should choose a location that has all of the latest infrastructure facilities. A location with continuous infrastructure development is preferable to one that has already been constructed. This is because there is a lot more room for growth, which means more potential for better returns.

Good Hospitals

One of the location's unrivalled assets is the availability of some of the top hospitals, nursing homes, and other healthcare organisations. These healthcare organisations, which are so close to Pimpri Chinchwad, provide a great deal of assurance to all types of families. Reputed hospitals in the area can be beneficial, especially for families with children, babies, senior members, and people with chronic illnesses.

As stated at the outset, Pimpri is regarded as one of the key economic and commercial hubs in Pune. The nature of the neighbourhood has been further enhanced by the recent inclusion of IT businesses. Adding to one more reason why the area is desirable as a location for several residential projects.

 

Frequently asked questions

1. What is the old name of Pimpri-Chinchwad?

Ans: Pimpri was previously known as Bhojapuri.

2. What is Pimpri famous for?

Ans: Pimpri is famous for its clothing and eateries.

3. Which area is best to live in Pimpri?

Ans: Major urban areas like Moshi, Punawale, and Ravet.

4. Is Pimpri-Chinchwad rural or urban?

Ans: Pimpri-Chinchwad comes under the municipal corporation, which means it is an urban city.

5. What type of industry is found in Pimpri?

Ans: Industries like automobile, steel and engineering, electronics, IT, BPOs, etc. are flourishing sectors in Pimpri.

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