In the last 15 years Pune experienced a growth boom, particularly due to the robust automotive, IT and manufacturing sectors, and emerged as one of India’s most promising investment destinations for residential properties. Its proximity and connectivity with India’s financial capital Mumbai was the icing on the cake.
But as it happens with all development stories, a certain saturation set in in terms of infrastructure upgradation to meet the rising population’s demands. Central Pune truly has no more space for newer development and PMC (Pune Municipal Corporation) is struggling to meet urgent requirements of providing good roads, public transport, electricity and water to the citizens. The pace of development is unable to meet the requirements of a bursting city adequately.
In this scenario the neighboring satellite towns of Pimpri Chinchwad, or PCMC as they are popularly called, are proving to be a huge draw with home buyers. Situated in the North – West quadrant of Pune and at a convenient distance of just 15 kms, the twin cities of Pimpri Chinchwad have a thriving industrial belt comprising mostly of manufacturing and automobile companies. In fact, Pimpri-Chinchwad has contributed a lot to the fact that Pune is the second-largest industrial city in Maharashtra after Mumbai and has played a big role in its growth story.
Of course, not just the industrial belt there are other reasons as well why PCMC is showing outstanding growth as residential hub.
So for all those interested home buyers looking to buy property in the hot destination of Pimpri Chinchwad, look no further than L-axis from Pharande Spaces. L-axis is Pimpri – Chinchwad’s most premium home destination set amidst 11 acres of verdant green spaces and offers 3 BHK and 2 BHK luxury flats in Spine Road Pune for sale.
A project that provides world class amenities and top notch specifications all ideally situated within an easy commute to prime locations, IT parks, and industrial belts. To find out more please visit the website.