Reasons to invest in Pimpri, Chinchwad

Pimpri, Chinchwad is just 15 km away from the heart of Pune City. It comes under the Pune Metropolitan Region of Maharashtra. When we see how this region has been growing steadily and speedily, it promises to be a great place to invest for the following reasons:

Infrastructure

Pimpri is well-connected by road, rail, and air. The Pune Metro project mooted by the government of Maharashtra will ensure metro connectivity to Pimpri. Pune-Lonavla suburban trains pass through Pimpri. There has been a surge in the construction of roads, bridges, and flyovers across this region. New roads have also been laid assisting in easy access and greater convenience traversing across this region with minimum effort.

When we take into consideration the wide expansion of the public transportation system, the resultant infrastructure development has become a compelling magnet attracting business activity, residents, and investments. Connectivity has been improving manifold—not just within this region, but also across Maharashtra and the rest of India.

Robust Economy

 The presence of several MNCs, IT Companies, and automobile manufacturing industries in this region has provided great investment opportunities and growth potential. When major companies started expanding, allied industries supplying material and finished goods to these companies have begun to set up shop in the vicinity to cater to their needs with minimal transportation and incidental costs, making the supply chain time-efficient and cost-effective. This has had a cascading effect on the growth of the economy. Tata Motors, Mercedes Benz, Bajaj Auto, Force Motors, and The Times of India are some of the prominent names of industries in this region.

Education Facilities

This region is home to a host of schools, colleges, and educational institutions to suit every requirement and pocket. There are over 162 schools in this area. When it comes to colleges, there are several colleges offering a diverse variety of Diplomas, Arts and Science Colleges, Medical Colleges, Engineering Colleges, and accredited Universities.

Healthcare

Pune has earned the sobriquet of the most-equipped city in India if you consider the healthcare facilities offered, with this region playing a prominent part. There are several renowned medical research centres and medical research facilities here. The DPU Hospital and Research Centre spread across 8,27,702 sq. ft., is one of Maharashtra’s biggest modern and state-of-the-art hospitals. With over 2000 beds and 32 departments, they have pioneered highly specialized operations including transplants. The Pimpri Chinchwad Municipal Corporation provides medical services through a network of 21 Dispensaries, 7 Hospitals, and 1 Super Specialty Tertiary Hospital.

Quality of life

The mix of residential complexes, recreational facilities, and shopping malls offer this area all the benefits of urban comforts within a suburban framework making the region a great place to live in. When you take into account all the other pluses like the infrastructure, robust economy, education facilities, and affordable healthcare, the positive effect on the quality of life is beyond admirable.

Proximity to Pune

Being just 15 km away from Pune City, which is a major hub of commercial, educational, and cultural activity makes for an ideal residential location for both students and professionals, offering them a better quality of life at a fraction of the cost they would have had to shell out if they chose to live in Pune.

Government support

The Government has taken various constructive steps to make this region business-friendly through the introduction, and implementation, of several policies backed by investment initiatives, along with infrastructure development. All this has proven to be beneficial to the economic growth spurt of this region.

Socio-cultural

Pimpri is surrounded by various temples and places of worship, with the Mata Vaishnavi Temple. Festivals of all faiths are celebrated with gusto. Dussera is an important festival with most industrial activity coming to a standstill during the festivities.

All this brings us to the impact this has on the real-estate sector:

Affordable Real-estate

 If we compare the prices of real estate in most other metropolitan areas across the country, Pimpri-Chinchwad prices are still relatively affordable. Given the growth mix in this region, growth opportunities abound for people investing in residential, commercial, and industrial real estate with greater potential in the long term, for capital appreciation.

Greater demand for Housing

As job opportunities increase, more and more people need residential accommodation. The same is the case with students flocking in, in search of higher education. This ever-growing demand for housing makes the investment in residential properties an attractive proposition.

Potential for Capital-appreciation

The growth surge and the overall development of this region make investments in property in this area a great opportunity to harness capital appreciation. With the background of a 122-year legacy of excellence and trust and being the recipient of over 250 awards and recognitions, along with the commitment to delivering quality, the Godrej ICC Residential Pimpri Project fits the bill. This project has 2 BHK, 3 BHK, and 4 BHK units to suit families of all sizes and budgets.