Kharadi: Growth Corridor of Pune
Kharadi is a rapidly growing suburb located in the eastern region of Pune, Maharashtra, India. Over the past few years, Kharadi has become a hot spot market for real estate due to several factors such as the presence of IT parks, good connectivity, and the emergence of new residential projects. Here are some statistics that showcase the real estate scenario in Kharadi:
- Property prices: According to data from PropTiger, the average property price in Kharadi is around Rs 7,490 per square foot. The prices have been stable over the past year, with a marginal increase of around 1.3%.
- Property types: Kharadi has a variety of residential properties, including apartments, villas, and plots. The majority of properties are apartments, which constitute around 90% of the total supply.
- Demand: The demand for residential properties in Kharadi has been steadily increasing, primarily due to the presence of IT parks in the area. As per data from MagicBricks, the demand for properties in Kharadi has increased by around 6% over the past year.
- Connectivity: Kharadi is well-connected to other parts of Pune via the Pune-Ahmednagar highway and the Pune-Solapur highway. The area is also connected to the Pune railway station and the Pune airport.
- Infrastructure: Kharadi has several amenities such as hospitals, schools, and malls, making it an attractive location for residential purposes.