Feb 17, 2023Pune Real Estate

Mahalunge - A residential paradise in Pune

by Godrej Properties Limited

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Mahalunge, Pune has transformed itself into one of the most desired micro-market, with brisk development and close proximity to the neighbouring housing and economic hotspots of Hinjewadi, Baner, and Wakad. Under the town planning scheme, the area has been devised as Mahalunge Hi-tech City and will serve as a model project. Mahalunge is a 700-acre estate located on the Mumbai-Pune Highway, with verdant, luscious hills as the backdrop. It will be a sophisticated and upscale society to live in once the town planning infrastructure is completed, in addition to the existing social and civic infrastructures.

The neighbourhood is additionally home to the National Games Village and the Shri ChhatrapatiShivaji Sport Complex, as well as easy access to well-developed social and civic infrastructures. Mahalunge is well-connected to the rest of Pune via the Mumbai-Pune Highway and the Nande-Balewadi Road.

Within an hour, you can reach the Pune International Airport and the Pune Railway Station via multiple road routes.

The social infrastructure of Mahalunge, Pune

Within 5-20 minutes, the micro-market provides various schools and medical facilities. There are numerous amusement and recreational options in the area, ranging from shopping centres to event gatherings. Om International School, Symbiosis International University,  Blue Ridge Public School, and other educational institutions are located in and around the area. It is close to medical facilities such as LifePoint Multi-Speciality Hospital, Nucare Hospital, and Dhanvantari Hospital, as well as shopping complexes such as XION Mall, Balewadi High Street, and Westside. The thing that is catching everyone’s attention are the new projects in Mahalunge, Pune including numerous flats in Mahalunge. Built by celebrated builders like Godrej Properties, namely their Mahalunge new launch, Godrej Hill Retreat is elevating the lifestyle among its residents.

Proximity to employment hubs and IT Sector

It is advantageously surrounded by numerous west Pune employment hubs. Hinjewadi is one of Pune's most important IT hubs. One can go from Mahalunge to Hinjewadi in just 2 minutes. Hinjewadi IT Park, Teerth Techno Living quarters, Rajiv Gandhi Infotech Park, Radius Tech Park, and over 200 IT hubs have blossomed in the area. In Mahalunge's surrounding areas, there are numerous engineering, pharmaceutical, and other manufacturing units. Due to large employment hubs, a huge proportion of the workforce look for homes nearby, resulting in a considerable increase in the demand for commercial and residential construction in Mahalunge.

Futuristic scope of development of Mahalunge, Pune

Due to planned infrastructure development and adjacency to multiple employment hubs, it has immense potential to develop as an affluent locality in west Pune. The properties in Mahalunge have enjoyed a period of appreciation due to a number of reasons. The Mahalunge Township will be the first model township in a series of PMRDA (Pune Metropolitan Region Development Authority) Town Planning Schemes, and the advancement model will be used for the 45 other townships that have been proposed.

The PMRDA expects to attract INR 12,300 crore in investment from public and private investors within 3 years of the township project's completion.

The planned 170 km Ring Road would connect 46 communities, one of which is Mahalunge. This will fuel future real estate market growth and improve Mahalunge's connectivity to other Pune city hotspots.

Due to these factors and countless others, Mahalunge is making itself known as a premier location for real estate investments. The number of developments cropping up is promising and this region continues to grow at a rate wherein a considerable percentage of the population nearby wants to call it their home.

 

Frequently asked questions:

1.Is Mahalunge good for investment?

Ans:Yes, Mahalunge is good for investment due to its social infrastructure, connectivity to major cities and facilities, and its proximity to employment and IT hubs.

2.Is Mahalunge a good location?

Ans:Yes, Mahalunge is strategically placed with its neighbouring regions, Hinjewadi, Baner and Wakad all experiencing a great deal of growth and development.

3.Which property should you invest in Mahalunge?

Ans:There are a number of properties being developed by trustworthy builders. A number of residential properties have propped up in a short span of time, with best-in-class amenities.

4.Which is the best residential area in Mahalunge, Pune?

Ans:All of the nearby areas are rich with residential buildings. Hinjewadi, however, stands out due to its prominence as an IT hotspot and high end residential complexes.

5.Why should one invest in the Godrej Mahalunge project in Pune?

Ans:You should think about investing in the Godrej Mahalunge project in Pune because of its premium amenities at a reasonable price. Godrej Hill Retreat, Mahalunge offers 1, 2 and 3 BHK homes starting from just 53 Lakhs.

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