Mid of 2018, when Pune was enjoying its position as the most liveable city in the country, its immediate neighbour, the new Pune – Pimpri-Chinchwad bagged the 69th spot for the same. For years, Pune Metropolitan Region included core areas like Kothrud or Sadashiv Peth. Home buyers looked for areas within the PCM limit that offered all kind of urban civic infrastructure and amenities. However, what was developed solely as an industrial area with ‘C’ class municipality back in the days is now upgraded to one of Pune’s most prosperous municipal corporations.
With such thriving infrastructure and proximity to some of the biggest industrial units, many real estate and construction companies in Pimpri-Chinchwad, Pune are coming with up with new residential projects in PCMC, Pune. In fact, with the core city slowly reaching a saturation, it’s safe to say now that PCMC is rising as one of the most desirable places to live. The advance infrastructure and conveniences adds on to the appeal of the location.
Take a look at some of the benefits of living in PCMC:
The Pimpri-Chinchwad Municipal Corporation (PCMC) was founded in 1970 primarily as an industrial area. In 1972, the Pimpri-Chinchwad New Township Development Authority (PCNTDA) was formed. The PCNTDA was responsible for the development of the areas towards the north of the Pune Metropolitan Region. This marked the birth of Pimpri-Chinchwad New Town, where residential and commercial spaces were developed based on a blueprint. Even today, the city is steadily advancing with latest features and better planning.
With the ever-so-growing infrastructure, PCMC ought to offer best amenities in town. From basic needs to lifestyle desires, there’s everything here that is expected from any other metro city. From top-notch malls and restaurants to world-class hospitals and educational institutes, PCMC is flourishing with unsurpassed conveniences and all that in proximity.
Apart from the best in-class basic and civil conveniences, the well-planned satellite town of Pune – PCMC offers an extremely hassle-free accessibility to Pune City. The prime areas of PCMC are bustling with every necessity including multiple modes of transports. This makes commuting not just easier but also quicker even if it doesn’t fall under the main Pune city.
The PCMC dwellers enjoys a bonus advantage of living here. One of the most important employment hubs of Pune are situated in the PCMC area like – automobile and manufacturing industries as well as the Hinjewadi IT Park. This in turn gives them the much needed balance of work and life.
nteresting PCMC fact – real estate corridors like PCMC have higher real estate appreciation potential than the main city. This is because they are budding areas where demand rises steadily. An added advantage here is that the prices are relatively lower than more centralised locations even when returns are high. Another reason that makes PCMC a high-growth potential location is its superior infrastructure, planned development and higher degree of natural ambience. The price of properties in PCMC starts from Rs. 8 Lac and the average price of properties in PCMC is Rs. 89.61 Lac. As compared to the city, PCMC has shown an uptrend since the last six months. ( https://www.makaan.com/price-trends/property-rates-for-buy-in-pcmc-pune-10244)
Apart from the aforementioned advantages, Pimpri-Chinchwad Municipal Corporation, gives financial incentives to developers and occupants of Green Rating for Integrated Habitat Assessment (GRIHA) compliant projects. GRIHA attempts to minimize a building’s resource consumption, waste generation, and overall ecological impact to within certain nationally acceptable limits / benchmarks. It evaluates the environmental performance of a building holistically over its entire life cycle, thereby providing a definitive standard for what constitutes a ‘green building’.
Pharande Spaces’ Woodsville is a GRIHA certified development meticulously planned in the heart of PCMC. Offering spacious 2 and 3 BHK apartments, this marvel offers a superior lifestyle in PCMC while capturing all the above features. The development is adorned with a plethora of lifestyle avenues and superior quality features to give you a perfect home.Know more about Woodsville