Once a quiet vicinity in Pune, Kothrud has emerged as a bustling residential and commercial hub attracting people from all over the country to come and settle here. Kothrud’s cosmopolitan crowd makes this area a lively community-friendly area to live. In this blog, we delve into the finer nuances of buying a home in this part of the town as this area greatly impacts the lives of residents who have settled here for many years. An epitome of culture, tradition, and intellectual values the residents of Apartments in Kothrud are truly enduring. Let’s dive into all the lively aspects that make this area a delightful place to live.
Importance of location in real estate investment
Kothrud is strategically and centrally located in Pune and comes under the jurisdiction of the Pune Municipal Corporation. The area boasts many prominent social and civic infrastructures that make the place an ideal destination for real estate investment. Let us analyze the reasons that make Kothrud a much sought-after residential hub in Pune
Geography
Kothrud is one of the largest areas of Pune with a thick forest cover and lush greenery. People from other cities prefer to come and settle here due to its salubrious weather conditions.
Population
Kothrud is densely populated and people come and settle here in its peaceful environment. The population of this place is not more than 2, 50,000/-
Economy
The presence of several companies makes Kothrud boast of a robust economy. Kothrud is home to numerous information technology companies such as Harbinger Systems, Harbinger Knowledge Products, and e-Zest Solutions. Kothrud is home to a minor manufacturing facility by the Kirloskar Group and the Automotive Research Association of India. Many new-age startups like StomatoBot Technologies, which automates CCTV surveillance proactive mobile alerts in near real-time, using Computer Vision and Deep Learning, have also appeared in Kothrud.
Transport
The introduction of the Pune Metro Railways has made connectivity to all the other parts of the city not only accessible but also easy.
Education
Kothrud’s rich intellectual culture comes from the presence of several law, engineering, and management institutes known for imparting quality education to students who come from all over the world. Some of the well-known schools and colleges are Kalmadi Shamrao High School, Bharati Vidyapeeth English Medium School, Abhinava Vidyalaya English Medium School, MIT WPU, and Maharashtra Institute of Technology.
Strategic Location
Kothrud’s proximity to major areas like Deccan, Karve Nagar, Baner, and Hinjawadi makes it easier for commuters to travel to work. Connectivity via Paud Road and Karve Road gives the residents of Kothrud easy access to civic and social infrastructure like schools, colleges, malls, theatres, and hospitals.
Well-constructed roads and the availability of transport also make it easier to access the Pune-Mumbai Expressway.
Excellent Infrastructure
Well-developed roads and public transport options make living in Kothrud an enjoyable experience. The availability of healthcare facilities in premium hospitals like Deenanath Mangeshkar and Sahyadri Hospitals gives residents access to premium medical services.
Strong Real Estate Market
Kothrud boasts of a robust residential real estate market where the return on investment (ROI) is much higher. Properties bought several years ago at affordable prices cost much higher now and yield a profitable margin. The availability of varied housing options like apartments, villas, and gated communities gives a favorable rental yield for investors.
Safe and Secure Environment
Kothrud records low crime rates and safe neighborhoods due to the active community participation in maintaining security in and around residential projects where 24×7 security is available for gated communities and residential complexes.
Investing in a home in Kothrud offers a blend of strategic location, excellent infrastructure, and vibrant cultural and recreational amenities. With its thriving commercial hub, top-notch educational institutions, and a strong real estate market, Kothrud promises significant returns on investment. The area’s focus on sustainable living and community safety further enhances its appeal. Whether you are looking for a place to live or a property to invest in, Kothrud stands out as a prime choice. Embrace the opportunity to be part of a dynamic and growing community by considering Kothrud for your next home investment.
Once a quiet vicinity in Pune, Kothrud has emerged as a bustling residential and commercial hub attracting people from all over the country to come and settle here. Kothrud’s cosmopolitan crowd makes this area a lively community-friendly area to live.