Industries thriving in Koregaon Park

By Prasanth Gopinath on Jul 19, 2023 2:42:54 PM

It doesn’t come as a surprise that Pune has rapidly transformed from once being known as a laid back city, to becoming one of the most preferred destinations for commercial and residential investment. If you are looking to invest in a commercial property in Pune, you will be delighted to know that Pune not only stands true to its reputation of being the Oxford of the East, but today it has also firmly established itself as a hub of numerous opportunities. What is tempting investors to buy commercial office space in Pune is its booming IT, startups, manufacturing, and automobile industries, which have created a massive demand for commercial property in Pune. With a steady projected growth rate, it would be a wise decision to buy commercial office space in Pune and invest in a commercial property in Pune. Pune’s strategic location that promises great ROI and convenience, and its proximity to Mumbai makes it a lucrative investment opportunity for investors.

While investing in a commercial property in Pune, it becomes imperative to look for a micro market that is conducive to growth and makes your decision to buy commercial office space in Pune a fruitful one. While quite a few micro markets in Pune would prove to be a good choice to invest in a commercial property in Pune, Koregaon Park stands out from the rest and emerges to be the ultimate choice. In this blog, we will discuss the various industries thriving in this gem of a location, and what makes Koregaon Park an absolute winner if you wish to buy commercial office space in Pune.

Industries thriving in Koregaon Park - a conducive factor to attract great returns on investment in a commercial property in Pune

Information Technology (IT): Known for its upscale neighbourhood, Koregaon Park has also emerged as one of the prime locations for setting up IT firms in recent years. The location is home to a few of the top technology-driven companies. A number of software development companies, IT consulting firms have set up their base here, adding to the demand and attracting investors looking for a commercial property in Pune. The emergence of IT hubs in this location has also transformed the infrastructure of this location, and made it a hotspot for investing in a commercial property in Pune.

Hospitality and Tourism: one of the most alluring industries for investing in a commercial property in Pune: Koregaon Park with its upscale neighbourhood has attracted an array of luxurious hotels, cafes and restaurants. It has become one of the most preferred destinations for tourists, business travellers, and locals who wish to relish a vibrant culinary and hospitality experience. Known for its boutique hotels, wellness retreats, and spas, catering to the needs of both domestic and international visitors, Koregaon Park also boosts the local economy and contributes significantly to the rising prices of commercial property in Pune.

Invest in Fashion and Retail if you wish to earn great returns from your investment in a commercial property in Pune: Koregaon Park offers you a promising opportunity if you are into fashion and retail. It has evolved to be one of the most preferred destinations for hi-fi boutiques and designer fashion stores. The location witnesses a steady influx of fashion enthusiasts who wish to explore the latest trends and curated collections from the top fashion brands.

Healthcare and Wellness: Investors interested in commercial property in Pune often lean towards investing in healthcare and wellness facilities in Koregaon Park. The reason for this could be Koregaon Park’s upscale neighbourhood, its seamless connectivity to Pune’s prime destinations and the robust civic infrastructure. The location is home to hospitals by renowned doctors, yoga studios, fitness centres, and wellness retreats.

Education: A strong educational ecosystem also works in favour of investing in commercial property in Pune as it brings in great returns. Koregaon Park has an array of prestigious educational institutions and training academies in its vicinity, an alluring reason for homebuyers to own their home here. As students from different parts of the country come here to pursue diverse courses, the rentals in this location have been growing steadily, which is a good sign for investors looking to invest in a commercial property in Pune.

If you too are impressed with this location and wish to buy commercial office space in Pune, take a look at Kohinoor Business Tower, also known as KBT Koregaon Park Annexe.

KBT Koregaon Park Annexe, the finest commercial property in Pune offers you the perfect commercial space if you wish to buy commercial office space in Pune for your office or retail business. Kohinoor Business Tower offers you facilities like separate entry/exit for retails and offices, high-quality make elevators, 5-level parking, 24*7 security, and tailor-made floor plates, and more.