Hadapsar, an eastern suburb has become one of the fastest investment destination in Pune. Its proximity to key IT Hubs and well-developed social infrastructure have made it a preferred location for homebuyers as well as investors. This locality comes under the jurisdiction of Pune Municipal Corporation (PMC). It is one of the major commercial zones of Pune and is home to three Special Economic Zones (SEZs) namely, Phursungi IT Park, Magarpatta City, and the Amanora Park Town. It is just 1.2 km away from Magarpatta City via Magarpatta Inner Circle, and is well-connected to the Nagar Road and the Solapur Road. Although the property prices here are not as high as some of the other areas such as Magarpatta, Fatima Nagar, and Camp, they are still rising at a rapid pace. The number of residential projects in Hadapsar being developed is increasing, infrastructure is growing at a fast pace, and the population is expanding. Some of the key residential projects in Hadapsar are Green Hive, Leisure Town, Dreams Aryan, Swapnalok Phase-2, Dreams Solace, Amanora Trendy Homes among others.
Hadapsar is well-connected to other parts of the city and is strategically placed on the Pune-Solapur Road, also known as Mumbai-Hyderabad National Highway. The main location advantage of Hadapsar is, it is located to central business area.
The area has an extensive bus service by PMT and PMPML with the Hadapsar Bus Stand and the Pune Swargate Bus Depot.
It enjoys excellent connectivity to Pune International Airport which is about 12.5 km via Beed-Ahmednagar-Pune Road, Magarpatta Road, and Mundhwa-Kharadi Road.
Hadapsar, Ghorpuri, Pune Junction, Shivajinagar are its nearby Railway stations. However, Pune Junction is the major railway station to Hadapsar which is located at a distance of 8.4 km via BG Shirke Road.
Factors for past growth
A number of famous IT companies, such as TCS, ADP, IBM, Sybase, Mphasis, SAS, Amdocs, John Deere, Option One, Accenture, Aruman, and Patni have their offices in this area.
As a result, Hadapsar has been witnessing rapid growth in its working population, which has further led to increased demand for residential apartments.
Apart from affordable property rates, its proximity to Magarpatta IT Park (1.2 km), presence of multiple offices and commercial spaces in the neighbourhood have been a plus point driving residential demand and consistent rental yield. As a result, 1 BHK apartments for rent are in huge demand.
Factors for growth in the future
Ram India Groups, Proviso Builders & Developers, ARV Group, Dreams Group, Manav Realty, Karia Developers are some of the major builders with ongoing projects in Hadapsar. The demand for property in the Hadapsar locality will most likely increase in the years to come.
Infra Development (Social & Physical)
Social infrastructure in the locality is sound with the Success English Medium School, ICFAI Business School, Pawar Public School, Mary Matha School, V P Magarpatta City School, Janani Day Care School, Mary Matha School, Sesame Street Preschool Hadapsar, Hadoop School of Training etc. It also houses some good colleges in its vicinity. These are Pune Dist Education Assn College of Engineering, Sadhana Ladies College, S M Joshi College Hadapsar, Sadhana Vidyalaya and R.R Shinde Junior College, Pune Zilha Shikshan Mandal’s Law College, Shanti College of Commerce among other.
Some of the leading hospitals in Hadapsar include Noble Hospital, Villoo Poonawalla Memorial Hospital, Life Care Multispeciality Hospital, Lotus Hospital, Shivam Hospital, Nande Hospital, Columbia Asia Hospital, Chaitanya General Hospital to name a few.
The shopping needs of the residents are catered by Seasons Mall, Creaticity Mall, Destination Center, Dorabjee’s Mall etc.