Ravet Mumbai-Pune Expressway Offers Potential That Few Do. Is It Wise To Invest

Posted by goodwillpalette on January 27th, 2017

According to a latest survey, the development in suburbs of Pune has accelerated since past 10 years. Pune, after Mumbai is the largest city in Maharashtra. Pune is also one of the fastest cities in terms of growth in the Asia-Pacific region.

Ravet is an upcoming residential location in PimpriChinchwad Municipal Corporation (PCMC) area and located in the northwestern part of Pune. It is an emerging residential locality in the suburbs of Pune. Ravet is situated at the confluence point of the old NH4, the Katraj-Dehu Road bypass and the Mumbai-Pune Expressway. That is why this location is also known as the Gateway to Pune. International Cricket stadium at Gahunje village is also situated near Ravet. 

According to a survey, Real estate market in Ravet, is expected to show tremendous growth prospects in coming years and it is good for investment point of view. It is obvious that, areas like Ravet are going through its development phase and the development of the surrounding area, is also making an impact on the residential population of Ravet. We all know, the Municipal Corporation of Pimpri- Chinchwad is Asia’s one of the richest Municipal Corporation, due to which Government provides entire facilities beforehand in these region.

Is it Wise to Invest?

As we said earlier, Ravet is also known as the Gateway to Pune. The locality is witnessing fast growth in real estate owing to its location advantages and low prices when compared to nearby neighborhoods.

Several factors play an important role in making Ravet, the next most promising investment option for anyone. Facilities like streetlights, development of roads, etc. are already in place. Pimpri-Chinchwad is emerging as an industrial hub on the back of some huge manufacturing companies and IT companies like IBM, KPIT Cummins, Tata Technologies, Infosys, Wipro and Geometric Ltd. 

Connectivity

Talking about the connectivity of Ravet, it has both rail and bus transportation facilities. It is located on the NH-50 linking Nashik-Pune and the highway between Mumbai and Bangalore. Ravet is also lying at the intersection of the old NH-4 highway, Katraj-Dehu Road and Mumbai-Pune Expressway; it is also closer to key destinations of Pune such as Aundh, Wakad, Hinjewadi, Baner, Pimple Saudagar and many more. Ravet has well connectivity to towns like Pimpri&Chinchwad, Chakan, Talegaon, Akurdi etc.

Social Infrastructure

The presence of social infrastructure like malls, hotels, hospitals, shopping complexes, and educational institutes are encouraging people to invest over here.

Many famous educational institutions like D. Y. Patil College of Engineering, D. Y. Patil Science & Art College, Pimpri- Chinchwad College of Engineering are very close to the Ravet area and also famous institutes like Indira Institute of Business Management and the Mercedes-Benz School are very close by. Talking about hospitals, Venkatesh General Hospital, Aastha Hospital, Yashwantrao chavan hospital, and Aditya Birla Hospital are very close to the locality. Famous restaurants like Punchin, Gharonda Veg Restaurant, Sigree Global Grill and many more are just nearer to residential area.

Proximity to IT and Industrial Hubs

The environment is perfect for families to live in. Ravet is located near to the Hinjewadi area and Hinjewadi is most famous for its IT hub centers. Ravet is also closer to Industrial Pimpri-Chinchwad (PC- MIDC)area. Hence, this is good for every professional who work here and are looking for more affordable housing options. There is so much demand for these properties that many prominent developers have snapped up prime land exclusively for the township properties. Other factors also add to the popularity of these townships – the Expressway, of course, is an important one.

High Appreciation

Currently, development of Ravetis growing rapidly and hence, has a great potential for capital appreciation. The rapid infrastructural growth of this region further enhances the investment potential of the locality. For investment point of view, this could be the best deal for anyone.

The Expressway is the connection between Pune and other major cities, beginning with Mumbai. In many ways, the Expressway is the reason of Pune’s commercial progress. In addition, the nearby Mumbai-Bangalore Highway brings in further commercial growth and inter-city connectivity.

Looking at the potential of Ravet in Pune, several reputed developers are coming up with various projects in the locality.

Some of the reputed developers like Unique Group Pune are spreading their roots over here. Their projects like Goodwill Palette is one of the good options for the people who want to buy 1 and 2 BHK flats. The connectivity to various areas is one of the USP’s (Unique Selling Preposition) of this place along with this, the well planned infrastructure has played an important role in making this place the Chosen One.

Today, PimpriChinchwad Municipal Corporation is masterpiece of community-oriented real estate development. It has a unique combination of residential spaces, employment opportunities, highly advanced transportation networks, modern housing typologies such as superior supportive infrastructure and township properties.

Future Prospects

Looking over the changing economy and changing policies of the nation, it is best time for people of Pune to invest in Ravet. In my opinion it is the best place to invest your money, looking over the development in both social infrastructure and industrial area. For the middle-class buyer my suggestion is to invest your money in areas where in future you will get good benefits.

If the government is able to keep interest rates low and doing employment generation high, it will create the platform for a far more stable and investment-friendly real estate market.

In past, township properties were a residential genre reserved for the ultra-rich. This has changed drastically with their rising popularity. The fact is, owning a township property in PimpriChinchwad has now become a feasible option for every middle-class.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” -- Marshall Field, entrepreneur.