Exploring Tathawade: A Developing Residential Real Estate Market in Pune
Source:Inhouse / Date: 13th March 2023
Tathawade is a locality in the city of Pune, located in the western part of Maharashtra state in India. In recent years, Tathawade has emerged as a developing residential real estate market due to its proximity to major employment hubs, good connectivity to other parts of Pune, and availability of affordable housing options.
One of the major reasons for the growth of Tathawade's real estate market is its strategic location. Tathawade is located close to the Hinjewadi IT Park, which is one of the largest IT hubs in Pune, and is home to several multinational companies. The locality is also well-connected to other major employment hubs in the city, such as Baner, Aundh, and Wakad.
Another factor contributing to Tathawade's growth as a residential real estate market is the availability of affordable housing options. The locality offers a range of housing options, including apartments, villas, and plots, at prices that are relatively lower than other established residential areas in Pune.
Tathawade is also home to several educational institutions, including the prestigious Indian Institute of Science Education and Research (IISER), which has further contributed to the area's growth. The presence of quality education institutions has made Tathawade an attractive location for families with children.
Tathawade is also well-connected to other parts of Pune through major arterial roads such as the Mumbai-Pune Expressway and the Pune-Bangalore Highway. The locality is located around 20 kilometers from the Pune railway station and around 25 kilometers from the Pune airport.
The real estate market in Tathawade is expected to continue its growth trajectory in the coming years, as more and more people choose to invest in this area. However, as with any investment, potential investors should conduct thorough research and due diligence before making a purchase decision.
In conclusion, Tathawade's proximity to major employment hubs, availability of affordable housing options, quality education institutions and good connectivity to other parts of Pune have contributed to its growth as a developing residential real estate market.