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Infrastructure developments have direct impact on the properties values. Infrastructure projects lead to development of new residential destinations and land prices in these locations make a way for both expensive high and affordable residential complexes. The general rule of thumb is - better the infrastructure, the better the property value. Many localities in Pune have witnessed the benefits of infrastructure developments like road structures, metro railways, bus rapid transit systems, among others. Similarly, Undri has been witnessing many infrastructure developments that will have a significant impact on its real estate. With the development of NIBM Road, the locality is hosting any residential and commercial properties. Other important roads in Undri include MG Road, Mumbai-Bangalore Highway (NH-4), and Pune-Solapur Highway (NH-9). The NIBM Road connects Undri to the airport, bus depot and railway station. Pune Airport is approximately 16 km and the railway station is also within 7-10 km from Undri. With these connectivity advancements, Undri has attracted many property buyers. Moreover, the well-developed social infrastructure has boosted the sales of existing residential units in Undri. It houses various banks, malls, hospitals, clubs and educational institutions. Undri also has a fully functional post office. The proximity to workstations in Phursungi, Wanowire, NIBM Road, and MG Road has driven the sales of housing complexes as many potential professionals are interested to invest in the locality’s residential market. Therefore, buoyed with positives notions, the locality has profitable deals for the end users. Following are some of the ready to move in properties in Undri UPCOMING RESIDENTIAL PROJECTS • Nirmaann Serrene, an upcoming housing project is located in Undri, Pune. The project offers 1-2 BHK apartments which will be available in an affordable price range. The apartments offer modern facilities and ultra-modern amenities including club house, sports facility, kids play area, garden area, piped gas, swimming pool, gym, power back up, car parking, among others. The project is approved by renowned banking institutions including LIC Housing Finance Limited, State Bank of India, Indiabulls, HDFC Home Loans, Punjab National Bank, among others. The group has decided to start the possession of the project by December 2017. • ARV New Town, an upcoming housing project is located in Undri, Pune. The project offers 1-3 BHK apartments which will be available in an affordable price range of Rs. 23.72-47.17 lakh. The project offers 1-2 BHK apartments in a price range of Rs. 15.99-30.36 lakh. The apartments are well versed with facilities and amenities including club house, kids play area, paved compound, golf course, cricket pitch, piped gas, conference room, flower garden, fountain, party lawn, toddler pool, gazebo, volley ball court, skating rink, open space, car parking and many more. The possession of the apartments will start by December 2017.
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