26 Jun Unveiling Kharadi’s New Commercial Gem: A Promising Investment Opportunity

As the ninth most populous city in India, there’s no doubt that any investment in Pune is golden. A 2015 study stated that in 2008, Pune became the seventh Indian mega city based on certain indices.

This has also caused the real estate market to thrive with the emergence of several commercial infrastructures and with Kharadi leading the charge in this regard, the investment opportunities are just too good to be true. As a company with a good eye for strategic locations and vision, this is precisely why we’re undertaking a promising commercial project in the region. And if you’re wondering why you should key into it, this article is just for you. 

Kharadi’s Strategic Advantage

We know the first question on your mind is, ‘Why Kharadi?’ Let’s answer that question for you.

Kharadi is a great location for many reasons.

• Firstly, it’s now a hub for business parks and information technology which is a key reason it developed from an afterthought into a techie’s paradise.
• Additionally, the banking industry is gradually finding a home there and residential and commercial projects are emerging from the ground on a daily basis.
• Moreover, its recent status as an ideal destination for companies and residents gives it a massive investment potential that is still largely untapped.
• Kharadi is connected to major transportation hubs such as the Pune International Airport and national highways, making logistics or travel a walk in the park. As more companies come to Kharadi, the demand for commercial spaces is surging. It also helps that there are improved road networks and civic amenities to add to the allure of living or doing business in the city.
• Lastly, Kharadi is either home or close to iconic structures including the World Trade Center, Radisson Blu, EON IT Park, Ritz Carlton, Phoenix Market City, and Magarpatta City, to name a few.

All these developments point to the fact that property prices will appreciate handsomely.

According to findings from some property research firms, the average yearly growth of property prices in Kharadi falls between 12 and 15%.

Why miss out on that?

The Project Highlights

To the reason you’re here.

The upcoming commercial project Tower of Ascend by reputed builder Vascon Engineering. we intend to develop will undoubtedly be the most magnificent thing you’ll see in the business capital of East Pune.

Here are the highlights of Tower of Ascend that will make it so:

• This architectural masterpiece will be a combination of nature, technology, and design with luxuries that include an exclusive rooftop lounge, a panoramic river view, a grand lift lobby, a 7-star entrance, an iconic ‘wave’ facade, and a designer double-height lobby.
• There will be rooftop solar panels for electricity generation which ensures we leave a nonexistent carbon footprint, so you don’t have to worry about environmental sustainability.
• The parking space (in the basement) is triple-tiered, creating ample space to leave your vehicles till the close of work.
• There’s also premium showroom space with spacious office designs that will make your business spot look like a palace.
• We’ll provide charging facilities for occupants with electric vehicles
• There will be high-speed elevators that will enable people in the building to get from one floor to another in record time
• Best-in-class RCC, masonry/plastery, waterproofing, joinery, flooring, POP, ceiling, painting, infrastructure, plumbing, firefighting, electrical, and HVAC works.
• The building will have 13 floors.
• It’s located in Kharadi, a city in Pune, which is described, by Zen Reality India, as one of the top performers in the Indian real estate market.

Investment Opportunities

This is the best part because no good investor worth their salt will want to miss out on how they can become a part of this.

There are multiple ways through which you can be a part of this promising project and Kharadi’s growing commercial landscape by extension.

The investment opportunities include buying modern office spaces, prime retail units, or versatile (mixed-use) properties. After purchasing them, you can lease these spaces out to reputable tenants from various sectors, ensuring stable and consistent cash flows.

When you factor in the initial investment cost, annual recurring cost, gross annual revenue, net annual income, market conditions, and tenant agreements, we can talk about a yearly ROI of up to 10%.

So, in about a decade (give or take a few years), you should have recouped your investment and the rest will be earnings for a lifetime.

Moreover, the project’s strategic location within Kharadi’s rapidly developing ecosystem positions it for long-term growth and capital appreciation.

As Pune continues to attract significant investments and infrastructure developments, the demand for high-quality commercial spaces is poised to soar. And what this means for you is a potential rent increment and more money.

Final Words

Tower Of Ascend is set to be located strategically in the heart of Kharadi’s commercial hub and next to the EON IT Park, you’re staring at a treasure trove.

If you’re seeking to diversify or expand your portfolio and earn reasonable returns for your troubles, this is the moment to seize your opportunity.

Contact us to schedule a site visit so you can explore this promising investment avenue.