Newer Areas In NCR, Navi Mumbai, Hyderabad and Pune Are Witnessing Large Scale Residential Development

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Newer Areas In NCR, Navi Mumbai, Hyderabad and Pune Are Witnessing Large Scale Residential Development
14 August 2019

Majorly comprising large scale residential developments newer areas in NCR, Navi Mumbai, Hyderabad and Pune are witnessing a steady supply of ready-to-move-in and under construction properties for home buyers. This week Outlook Money’s Residential Realty in association with Magicbricks brings to you a mix of localities in these areas that are in great demand due to attractive prices and ready supply.

Noida Extension, NCR

Noida Extension is a developing locality majorly comprising of large scale residential developments in the form of multi-story apartment projects, followed by some villa projects. It has a blend of under-construction as well as completed residential units. Developers such as ATS Infrastructure, Gaurs Group and Panchsheel have a significant presence here.

The locality is well-connected with Noida, Greater Noida, Ghaziabad and Delhi, through Noida-Greater Noida Link Road and Vikas Marg. Also, the Delhi-Meerut Expressway can be reached within 20 minutes from the locality. Moreover, according to Magicbricks Research, the approved Noida Metro Phase 2 (Sector 71 - Knowledge Park 5) will significantly improve the connectivity there and drive the real estate demand in the long term.

The locality has access to social & retail infrastructure, such as Lotus Valley International School, Ryan International School, DPS World School, Max Multi Speciality Hospital Greater Noida, Panchsheel Greenaria Shopping Complex and Galaxy Plaza. Noida Special Economic Zone (NSEZ), Sector 62, Noida Phase-2, Ecotech III and Ecotech II are the key employment centres accessible to the locality.

Nizampet, Hyderabad

Nizampet has emerged as a developing suburban area in North West Hyderabad largely consisting of completed and under-construction apartment projects, villa projects, and gated communities. It is surrounded by the areas of Gajularamaram, Pragathi Nagar, Whisper Valley, Bachupally, Miyapur and Kukatpally. According to Magicbricks Research, the locality has availability of affordable property options, social & retail amenities, and sound connectivity with key parts of the city.

Nizampet is well-connected through a widespread road network comprising NH-65, Nizampet Road, Pragathi Nagar Road and Bachupally Road. The Hafizpet Railway Station is the nearest station situated 20 minutes away. Also, the Jawaharlal Nehru Technological University (JNTU) metro station on the Miyapur-LB Nagar metro line is located nearby.

The locality also shares easy accessibility to various educational institutions, hospitals and shopping centres, in near vicinity. Some of these include Ganges Valley School, Vikas The Concept School, JNTU, Landmark Hospital, More Supermarket and Manjeera Mall. Besides, Nizampet is well-connected to key job centres of Gachibowli, Hitec City and Nanakramguda, which hosts several renowned IT companies.

Hadapsar, Pune

Situated in eastern Pune, Hadapsar is a developed locality having a mix of residential, IT and industrial entities. It largely encompasses multi-story apartments and is well-connected to other prominent areas of Koregaon Park, Sangamvadi and Kalyani Nagar. It offers ample social & retail amenities in the form of schools, hospitals, malls, banks and eateries. Some of these placed in near vicinity include Wisdom World School, The Lexicon School, Noble Hospital, Sahyadri Super Specialty Hospital, Seasons Mall and Amanora Mall.

According to Magicbricks Research, Hadapsar is a major employment hub, having offices of many IT companies across several of its technology parks. The well-known IT parks nearby include Cybercity Magarpatta, SP Infocity, EON Free Zone and Commerzone IT Park. IT majors such as HCL, Accenture, Mphasis, Capgemini, IBM and TCS have offices here. Besides, several manufacturing units operate from Hadapsar Industrial Estate, Mundhwa Industrial Area and Ramtekdi Industrial Area.

Hadapsar is well-connected with the rest of the city through an extensive road and rail network, including NH-65, Magarpatta Road (SH-27), Mumbai Highway and Hadapsar Railway Station. Also, it boasts sound connectivity with Pune International Airport (10 km away) and Pune Junction railway station (9 km away).

Vashi, Navi Mumbai

Located on Mumbai-Pune Highway, Vashi is an established node in Navi Mumbai comprising a mix of low to mid-rise apartment complexes and commercial office spaces. The locality has smooth connectivity with other prominent localities of Kopar Khairane, Ghansoli, Airoli, Nerul, and CBD Belapur. According to Magicbricks Research, the locality boasts developed physical infrastructure comprising of excellent road and rail connectivity through Mumbai-Pune Highway, Palm Beach Road, Thane-Belapur Road and Vashi Railway Station.

A major job centre in itself, Vashi has easy access to several major offices and industrial hubs of Navi Mumbai. Some of these are International Infotech Park, Haware Fantasia Business Park, Reliance Corporate Park, Electronic Zone, Millenium Business Park, TTC Industrial Area and Mindspace SEZ Airoli, among others.

Moreover, the locality has sufficient presence of schools, colleges, hospitals, malls, and markets, some of which are Father Agnel Multipurpose School and Junior College, St. Lawrence High School, Fortis Hiranandani Hospital, MGM New Bombay Hospital Vashi, Inorbit Mall, Raghuleela Mall, and Vashi APMC Wholesale Market.

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