Mamurdi is located in West Pune along the Mumbai Pune Expressway. The region falls within the limits of the Pimpri Chinchwad, Wakad, Chinchwad, Akurdi, Gahunje & Hinjewadi. One can find Begdewadi Railway Station and Dehu Road Railway Station near the location. The locality is developing and is the most preferred residential real estate destination. There is strong connectivity along with a good infrastructure.
Mumbai Pune expressway connects various regions of the city and provides a market for affordable housing. The Pradhikaran-Pimpri Chinchwad New Township Development Authority is in charge of overseeing the region (PCNTDA). The advantageous location and reasonable price give access to micro markets. It has additionally been chosen as the housing type favored by property buyers.
About Mamurdi:
Pune is known for its skill at supplying the requisite infrastructure and municipal amenities. Even the local real estate market has increased during the past few years. It is supported by these activities and can grow geographically. Pune has experienced a population boom from both within India and overseas. In the areas that are developing quickly, there have been massive construction activities and price increases.
Mamurdi has varying property prices costing around Rs. 6,800 per sq. ft. also there is a mid-segment locality and monthly rentals for 2BHK home range between 15,000 and Rs. 18,000. Besides Mamurdi has over 30% in the last five years. Also, there is 20% in the last three years and more than 9% in the last year. One can find here a mix of 1,2 and 3-BHK apartments. 60% of the housing stock here is below Rs. 50 lakh and around 30% of the inventor is in the price bracket of Rs. 50 Lakh to Rs. 1 Cr.
Godrej Serene & Godrej Carnival best project to invest in Mamurdi, Pune.
The factors responsible for investment in Mamurdi:
Increase in housing demand and price growth: With an appreciation of over 30% in the last five years and almost 10% in the last year in average weighted property prices of residential apartments. The demand for housing is validating the growing demands of housing hubs and popular land and builders’ high-cost prices.
Investment by Grade A developers:
The real estate builders are developing projects in the Mamurdi and different housing societies like Park Greens, Godrej Serene, Madhuban, and Nurture. Even the peninsula Land’s address helps find many other residential projects that have multiple options for buyers like Microtech Developers (Lodha Group). Thus, popular builders have amenities and well-constructed works.
A good network of green belts:
Mamurdi is surrounded by well-established areas like Dehu Road Cantonment and other densely populated places. In the vicinity, one can find a Golf course, university, Pawana river, and International cricket stadium. Spacious areas and abundant land help Mamurdi become clear and green. Thus, the area is also growing profusely as more people are interested in investment.
Close to education institutions:
Mamurdi is growing more and is expected to witness residential demand with the coming up of educational institutions. Symbiosis skills and professional University is just 2 Km away and Birla Centre for education and Pimpri Chinchwad college for research and engineering are also nearby.
Conclusion:
Mamurdi has great connectivity and recent development. In recent years, Pune-Mumbai Highway has expanded more leading to fewer traffic conjunctions. This will improve the housing opportunities in the region.
Source: https://www.99acres.com/articles/why-invest-in-mamurdi-pune.html
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