Ashiana Housing in Pune enters with a project at Hinjawadi! The article claims Ashiana Housing and a developer from Pune have signed a memorandum of understanding to create a group housing project. With this project, Ashiana Housing creates a variety of opulent flats for sale in Pune.
Vision and Mission:
We are extending our reach and presence in Pune’s major metropolis with the help of this project. These flats are created with the demands of contemporary life in mind.
We anticipate that the project will be a one-of-a-kind offering that embodies the principles of the two companies. In addition, the offering would provide the area’s affluent homeowners and investors with a modern, upscale lifestyle, a sign of the market’s maturity in Pune.
Area and Cost:
As part of its development strategy, real estate company Ashiana Housing would invest around Rs 350 crore over the following five years to construct a housing complex in Pune. The business has partnered with the Lohia Jain Group of Pune, the owner of 11.33 acres of property in the Hinjewadi area. The project is anticipated to bring between Rs 600 and Rs 650 crore.
Benefits of project:
There will always be a need for high-quality housing because of the benefit of being close to IT businesses. Additionally, the necessity for hybrid workplace culture and the current trend toward the Work from Home model necessitate smart houses focused on the workplace.
Over the years, the area has experienced a boom in residential real estate due to the influx of workers and infrastructural improvements. Therefore, Hinjawadi is a desirable location for real estate investment for several factors; it is noteworthy.
Infrastructure:
The “Ashiana Malhar” project will have 990 housing units. In the initial phase, there are 224 roomy flats. Apartments with two and three bedrooms will be available, with useable carpet space ranging from 733 square feet to 1045 square feet. You can buy 3 BHK flats in Pune under this project and enjoy quality time with your family.
There will be 14 stories in each tower and open parking. The region is a sought-after investment location since it has a robust supply of housing alternatives across all categories and a well-established infrastructure. In the past two years, the market has shifted its attention to developing more work- and wellness-focused smart homes.
Along with this project, Ashiana Housing intends to spend between Rs 400 and Rs 450 crore on the construction of senior living and family-friendly housing units in Gurgaon, Bhiwadi, and Chennai, as well as a few mid-income housing projects in tier 2 cities. The business has projects in nine Indian cities and has built and delivered over 23 million square feet.
Factors of growth:
Due to its commercial success, Hinjawadi has a competitive residential market. As a result, the area provides various housing options, including mid-range, luxury premium, and inexpensive homes. Residential sales in Pune were 14,000 units between January and March of 2022. The city’s house sales showed a 33 percent annual increase and a quarterly surge of 17 percent.
North Pune and West Pune, home to many manufacturing and IT/ITeS businesses, led the micro-market sales in Q1 2022, contributing 34 percent and 33 percent, respectively, to Pune’s overall sales. The highest percentage of home sales—nearly 21%—came from East Pune, while the lowest percentage—11%—came from South Pune.
Conclusion:
One such area in Pune where one may locate both business and residential supplies is the Hinjawadi area. Buy 2 BHK flats in Pune with spacious and luxurious infrastructure. There are several investment options in the Hinjawadi area. Your future investment should give you a return and relaxation. Contact us for details.
