Information technology, being the key driver of a city’s economic growth, has proved to be the most important criterion for boosting real estate demand in India. This sector presents ample employment opportunities in most metro cities like Pune. Such locations in any major city usually feature valuations higher than the average city benchmark because of higher purchasing power and evolved tastes of home buyers.
Pune, the most liveable city in India, has been expanding geographically. The Government is leaving no stone unturned to undertake development on some of the upcoming destinations. There are quite a few quickly-growing IT-driven locations that are coming up as the next residential destinations and Urse is leading the pack. Backed by factors like location advantage, employment hubs in proximity and well-connected transport network, Urse is going to witness rapid development in the near future.
1. To make the most of the 94.5-km long Mumbai-Pune Expressway and harness the potential of the vacant land, the Maharashtra government is planning to set up a Central Business District (CBD) along the stretch. Within this proposed framework, there are 23 plots along the expressway and Urse topped the list.Here are the factors why:
Over three lakh estimated professionals are employed in companies situated in or around Urse. Giants in the sector of IT, automobile, pharmaceutical, engineering and floriculture have a footprint here and are looking at it as a big market to bank on.
The major infrastructure projects being developed in the vicinity – the PMRDA Ring Road, the Expressway, Pune Metro and the Virgin HyperLoop test station all converge at Urse.
Urse lies in proximity to the industrial belt of PCMC, Maval, Chakan and IT/BT park of Hinjewadi. It is well-connected to all these business hubs making it extremely feasible for commuters.
Located exactly at the midpoint between Pimpri-Chinchwad and Lonavala, Urse serves as a connecting junction or as a bypass for the northeast-southeast corridors connecting the Industrial areas with many reputed educational institutions, engineering and medical colleges located in between.
So Urse is poised to grow at a fast pace as a residential market and witness an exponential development in the future. The locality has a pleasant climate all year round and boasts of green hills and picture-perfect natural surroundings. If you’re looking for villas for sale in Pune or near Mumbai, don’t miss out on Pune’s largest “first-home” golf villa community - Vaarivana. Located in Urse, it offers 4BHK villas for sale on the Mumbai-Pune Expressway, located just 15 min from Hinjewadi, 30 min from Baner and 20 min from Lonavala.
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