Rising Skyline: The Evolution and Growth of Real Estate in Tathawade blog featured image
20
Feb

Rising Skyline: The Evolution and Growth of Real Estate in Tathawade

Tathawade is a developing residential locality located in the Pimpri-Chinchwad area of Pune, Maharashtra, India. Over the past decade, Tathawade has experienced rapid development and transformation, thanks to its strategic location, good connectivity, and availability of land.

One of the key factors driving the development of Tathawade is its proximity to the Hinjewadi IT hub, which is one of the largest IT parks in the country. This has led to a surge in demand for residential properties in the area, with many professionals working in Hinjewadi choosing to live in Tathawade due to its proximity and affordability.

The development of infrastructure has also played a significant role in the growth of Tathawade. The Pimpri-Chinchwad Municipal Corporation has undertaken several initiatives to improve the connectivity of the area, including the construction of the BRTS (Bus Rapid Transit System) corridor and the widening of the Mumbai-Pune Expressway. This has made it easier for residents to commute to other parts of Pune and Mumbai.

Another key factor driving development in Tathawade is the presence of several reputed educational institutions, including the Indira Institute of Management, Symbiosis Institute of Health Sciences, and D.Y. Patil College of Engineering. This has led to the establishment of several hostels and PG accommodations, catering to the needs of students.

The development of modern residential projects, commercial complexes, and malls has also contributed to the growth of Tathawade. The area has seen the establishment of several new housing projects by renowned builders, providing a range of options for homebuyers.

In summary, Tathawade’s strategic location, good connectivity, and availability of land have contributed to its rapid development. With the focus on infrastructure development and the growth of the IT industry in the area, Tathawade is expected to continue its growth trajectory in the coming years.Tathawade has seen significant growth in its real estate sector in recent years. The suburb’s strategic location, excellent connectivity, and proximity to major employment hubs such as Hinjewadi, Aundh, and Wakad have made it an attractive destination for both homebuyers and real estate developers.

Several large-scale residential projects have been launched in Tathawade in the past few years, offering a range of housing options from affordable apartments to premium villas. The area has witnessed an increase in the demand for 1 BHK, 2 BHK, and 3 BHK flats, catering to the requirements of middle-class and upper-middle-class families.

The development of IT parks and commercial centers in nearby areas has led to an increase in the demand for residential properties in Tathawade. Hinjewadi IT Park, which is one of the biggest IT hubs in Pune, is located just a few kilometers away from Tathawade. This has led to a significant increase in the number of IT professionals moving to Tathawade for work, driving up the demand for homes in the area.

The development of world-class infrastructure, including good roads, water supply, and electricity, has been a key factor in the growth of real estate in Tathawade. The suburb also has easy access to public transportation, including the Pune Metro, which is expected to be operational soon. This has made Tathawade an ideal location for both end-users and investors.

Overall, Tathawade has emerged as a preferred destination for homebuyers and real estate developers, and the real estate sector in the area is expected to continue growing in the coming years.