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Gera in News
 
 
 

Bavdhan: A world of luxury projects

Times Property - 18 January, 2014

BAVDHAN: A WORLD OF LUXURY PROJECTS

VIJAY LAXMI ASANGI delves into how the area has progressed fast,from being considered an outskirt of Pune a few years ago,to a hub of real estate growth today

Considering factors like growing infrastructure,connectivity and improved lifestyle,many leading real estate players are developing properties in Bavdhan today ,, making it an upmarket residential area in the western suburbs of Pune.Besides,Bavdhan is strategically located on the NDA Road,the centre of two well-planned suburbs Aundh and Kothrud,which offers easy connectivity to other parts of the city.It is also at easy commuting distance from the Hinjewadi IT Park,Baner and Balewadi.Bavdhan is 20 minutes away from the Mumbai-Pune expressway,providing easy access to the city of Mumbai too.In addition,it is situated in close proximity to prominent educational institutions,entertainment centres,shopping malls,hospitals and restaurants.

Fastest emerging residential destination

According to Vishwajeet Jhavar, CEO, Marvel Realtors, In recent times, amongst the suburban areas, Bavdhan has become one of the fastest emerging residential destinations in Pune, with the right mix of planned development, connectivity and scenic surroundings. Located at the highest altitude in Pune and surrounded by hills,Bavdhan offers a spectacular view of nature.It is close to the city centre,yet,offers greenery and a natural setting.This provides a healthy and rejuvenating living experience to its residents. Projects located here offer the perfect balance of living in harmony with nature, taking advantage of the natural beauty of Bavdhan. Residential projects with modern architecture also include green initiatives such as rainwater harvesting ,home automation systems, architectural design that ensures good ventilation and maximum use of natural lighting.

Luxury housing in great demand

Clearly, builders see a huge demand for and increasing value in luxury housing in the suburb. According to Rohit Gera ,managing director, Gera Developments,people demanding luxury houses are business owners,top managers in IT and manufacturing sectors as well as second generation of business families.What attracts them the most to Bavdhan is the relative spaciousness of the area,greenery and clean air.As the area is closer to the IT destinations surrounding Pune and also the well-developed automotive and manufacturing industries,there is a huge demand for luxury housing and,therefore,several projects catering to high-end customers are coming up in this area.Also,since these customers are well-travelled and have experienced the best in the world,they are discerning and therefore,the area is seeing several projects that have smart home facilities,are eco-friendly and aligned to international design trends.According to Gera,luxury projects in Bavdhan cater to this very clientele,who are discerning and demand residences that have modern amenities but are in harmony with the nature surrounding them.The demand for residential properties with world-class amenities has been growing over the past few years and builders are catering to all these needs, he adds. Clearly, with so many projects coming up in Bavdhan, there is no dearth of good residences in the area.

Sanjay Deshpande, director, Sanjeevani Developers,Pune,traces the evolution of Bavdhan as a preferred destination for luxury living. According to him, Pune has become part of the global technology movement and this fact is also reflected in the way luxury homes in the city have evolved.In any real estate market,the real clientele is the migrant population and Pune has enough potential to attract migrants not only from all over the country but from abroad as well. It is this potential of the city, which has made the real estate industry boom in the last few years. This has benefitted Bavdhan,as the area is a gateway to Hinjewadi IT Park and has several service centres of major auto giants situated along the highway.

Scope for infrastructure development

Gera opines that unfortunately ,infrastructure across India follows residential and commercial development and Bavdhan is no exception to this. The Pune Municipal Corporation (PMC) has numerous properties and multiple constituencies to focus on. As a developer, we would like see good infrastructure in the peripheral areas in order to reduce pressure on the already congested and overburdened city centres.Many prominent builders and developers share this viewpoint. According to them,if the local municipality lays out the groundwork for infrastructure in a planned manner, the development of the area will be that much faster and residents will not face hardships, he explains.

Great connectivity

With many developed work zones, educational facilities for children, hospitals like the Birla Hospital,a number of shopping malls coming up and the Balewadi Sports Complex,this area is the main entry from the Mumbai-Bangalore highway to the city, making it conveniently connected to major destinations.Bavdhan is well-connected to the main areas of Pune such as Kothrud, Paud Road,Baner,Aundh,Pashan and University,with the railway station at a distance of approximately 10 km and the airport about 15 km away.

The plethora of luxury housing projects coming up in Bavdhan has given the region an enviable position in the realty market. Besides,the government has de-reserved 166 hectares of land and earmarked it for residential construction. Due to this, the area is expected to witness a lot of residential construction. Bavdhan has definitely progressed: from being on the periphery of Pune,to becoming a thriving hub of all things that are good and desirable. Clearly, Bavdhan is on the radar of both, developers and consumers and there is only one way for the area to go and that is up!

QUICK BYTES

As The Area Is Closer To The It Destinations Surrounding Pune And Also The Well-Developed Automotive And Manufacturing Industries,There Is A Huge Demand For Luxury Housing And Therefore,Several Projects Catering To The High-End Customers Are Coming Up In This Area.The Demand For Residential Properties With World-Class Amenities,Has Been Growing Over The Past Few Years And Builders Are Catering To All These Needs In Bavdhan.

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