Growing in popularity, Mundhwa is located in East Pune. The evolution of Mundhwa from a quiet neighborhood to an active and bustling commercial center has been made possible by a number of factors such as location, connectivity, social and civic amenities and life style choices. Today, mainly because of the highly urban lifestyle, a lot of business opportunities have moved towards Pune and one such area is Mundhwa. It should also be noted that Mundhwa is developing into a key player in the commercial domain attracting new set of businesses. In this article, we will examine thr reasons behind the commercial boom in this area and why you should purchase a commercial property in this location.
Availability of amenities in the neighborhood and infrastructure
Mundhwa has its advantages owing to its location, and it is all the time an added advantage to be locality close to other developed areas. Some of them include Kalyani Nagar, Koregaon Park, and Hadapsar. The distance from already established economic areas allows munhwha to capture more opportunities and attract new investors looking to branch out their businesses in already growing locations.
Great Infrastructure
Mundhwa is a major commercial project in Pune which is well connected to all the centers of Pune. It authorities concerning Public Transport as well as Mundhwa has its Roads and Railways, Domestic Airport and International Airport in Pune. Also the metro line that is under construction will definitely increase the connectivity of the area and the availability of new commercial properties will be attractive for businesses whom are looking for new business opportunities in Pune.
Good Services and Housing Facilities
Mundhwa also has a good social as well as civic infrastructure which has contributed a lot towards its development. Other parts of the city are easily reachable via the Pune-Solapur Highway, and road widening works and flyovers that are under consideration will help to improve the infrastructure further. In addition to that, commercial properties in Mundhwa also provide customers with modern services and equipment which make business work in commercial real estate properties in Mundhwa easier. Well maintained electrical, plumbing, and internet installation guarantee the free flow of business in these endeavors. More so, the proximity of quality health care services, schools, and leisure facilities makes a favorable case for commercial properties in Mundhwa.
Growth of Residential Projects
The increase in residential units in Mundhwa has been a factor in its steady transformation into an area of business growth. The high level of population growth in terms of professionals and families increases the need for businesses dealing in retail, dining, and even leisure. Such interdependence of residential and commercial growth is a significant contributor to the overall economic growth of Mundhwa region.
IT: The Driving Force Behind Mundhwa’s Growth Story
Mundhwa has undoubtedly been a growing destination for enterprises in Pune’s IT and ITES space. The establishement of significant IT business parks with other business centers has attracted a number of IT firms, pushing the need for commercial properties in Mundhwa. Therefore, the combination of skilled labor and affordable prices for real estate suits perfectly employers focused on developing their IT business directions.
Support for Startups and SMEs
A friendly environment in Mundhwa has contributed to the development of start-ups as well as small and medium-sized enterprises. The availability of co-working spaces, business accelerators and VCs network created opportunities for new ideas and entrepreneurship. This resulted in a diverse business environment with both mature businesses and newly established ones.
Encouragement for Future Possibilities
Mundhwa has a bright future and is also targeted for improvement because they have many development projects which aim to increase its commercial value. The upcoming metro station, additional commercial space, and even infrastructure improvement will in turn also contribute to the progression of the region. As these developments come to life, they are expected to engage more stakeholders and business investors strengthening the position of Mundhwa as one of the business centers in Pune.
To further your search for commercial properties in Pune, ensure you check out the latest upcoming commercial projects in Pune by Dream Location realtors.
For more information about Dream Location and to search your dream property, please visit Dream Location on Google Map. Contact us today to know more about the best real estate deals in Delhi and North India; we will connect you to the right property investment.