Jun 19, 2023

The City on the Rise: Pimpri

by Godrej Properties Limited

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Pimpri is a neighbourhood in the northwest of Pune, India. It is renowned for having some of the most well-known industrial and automotive centres. The industrial sector, which offers many people work prospects is the cause of rising residential demand. Pimpri, which has significant sites for all major religions, is a prime example of the country's diversity and oneness, capturing the essence of Indian culture.

Location

The Pimpri region occupies an area of 181 sq. km and is 150 miles from Mumbai, the financial centre of India, and more than 15 kilometres from the heart of Pune.

The Pimpri Chinchwad Municipal Corporation, which was created on October 11, 1982, oversees this area, which is located to the northwest of the city of Pune.

The PCMC housing market, which already has a population of over 20 lakhs, is anticipated to grow significantly by 2025. The successful completion of numerous infrastructural projects would improve the region's connectivity. The PCMC region, which is marketed as one of Asia's largest industrial hubs, is essentially made up of several minor towns, including Pimpri, Bhosari, Chinchwad, Nigdi, Chakan, Rawat Akurdi, Punawale, Sangay and Hinjewadi.

Pimpri-Chinchwad is quickly becoming a prime spot for real estate investment due to its growing economy, plentiful employment prospects, and advantageous location. 

Tourism

Pimpri is a tiny, rapidly expanding city and Pimpri-Chinchwad's municipal corporation is making a lot of effort to promote the city as a popular tourism destination. To increase tourism in this city, PCMC recently introduced "Sarathi" (a System of Assisting Residents And Tourists Through Helpline Information). Pimpri-Chinchwad city is well connected to the largest cities in the nation via airport, road, and train. The closest airport is in Pune, which is about 12 km from the city. Regular buses and trains are accessible throughout the city. The three most notable tourist attractions of Pimpri are the Ganesha Temple, Vaishno Devi Temple, and Durgadevi Hill Park. 

Economy

A strong economy is the result of the presence of various international businesses and industries, including the auto industry's behemoths Tata Motors and Tech Mahindra, as well as information technology and software development firms like Wipro, Mahindra & Mahindra, Infosys, and Bajaj Auto.

Major Centres

Divisions Options 
RestaurantsLotus Family Resto Bar & Banquets
Hotel Crystal Court
Pizza Hut
BanksICICI Bank
Cosmos ATM
Corporation Bank ATM
HealthcareYashwantrao Chavan Memorial Hospital
Lokmanya Hospital Chinchwad
Apollo Pharmacy
ParksAPJ Abdul Kalam Garden
Jyotiba Garden
Rock Garden
Shopping MallCity One Mall
Max
Premier Plaza Mall
Cinema TheatrePVR Cinema
Ashok Cinema
Jayashree Cinema

Connectivity

Road: The PCMC region is accessible via the former Mumbai–Pune highway. The proposed Pune Outer Ring Road is anticipated to alleviate traffic issues between Pune and the Pimpri-Chinchwad district, while the Panvel-Chakan state highway will enhance communication between the two nodes.

Railway: The Pimpri, Chinchwad, and Akurdi railway stations provide the area with access to the railway network. The Pimpri-Chinchwad region is also traversed by the Pune-Lonavala suburban line.

Air: The PCMC region is now served by the Pune Airport, but once the new airport at Chakan is operational, air travel from here will be easier to access.

Metro: Efforts are also being made to connect the PCMC region to the metro system. The construction of metro lines from Vanaz to Ramwadi and Pimpri Chinchwad to Swargate is currently underway and could be finished soon.

Real Estate Investments 

Demand for real estate investments has been greatly aided by the prevalence of industrial zones like the Chakan MIDC, Pimpri MIDC, and various IT parks. Over 2,969 industrial units are currently functioning out of the PCMC region. The fact that there are so many educational institutions here further supports this.

Lately, the PCMC properties are bustling with real estate activity, spurred by the high demand for homes created by the region's large employment bases in the IT and automotive industries. To accommodate an increasing number of people into its fold, numerous township projects like Godrej ICC Pimpri Chinchwad have been announced. The PCMC region's demand for real estate is mostly driven by the inexpensive housing market.

The PCMC district, probably the fastest-growing node along Pune, continues to see growth potential driven by its advantageous location, land availability, and affordability.

The PCMC region is home to numerous reputable educational institutions, hospitals, retail malls, and nightclubs, whose number has been steadily increasing, all of which are considered to enhance the region's growth prospects.

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