Situated in East Pune, Mundhwa has quickly risen to popularity. Its growth and emergence as a bustling commercial hub could be attributed to a number of factors such as its strategic location, excellent connectivity, robust social and civic infrastructure, and vibrant lifestyle options. Today, Mundhwa proudly stands as a prime destination for commercial development and has become one of the most preferred options of smart investors and businesses looking for a commercial property in Pune. In this blog, we will explore the key factors that drive Mundhwa's commercial growth and why you must consider owning a commercial property in Mundhwa. Read on.
Proximity to Major Hubs
Mundhwa is strategically situated and comes with an array of advantages. It is in proximity to plush neighbourhoods such as Koregaon Park, Kalyani Nagar, and Hadapsar. This proximity to well-established commercial and residential neighbourhoods makes Mundhwa an attractive choice for businesses looking to capitalise on the thriving economic environment in these locations.
A commercial property in Mundhwa offers you excellent connectivity
The best properties in Pune are those that swiftly connect you to Pun’s prime destinations. And Mundhwa is one such location. Mundhwa enjoys excellent connectivity to major parts of Pune. The location takes pride in its strong network of roads and public transport options such as the Pune Railway Station and the Pune International Airport. The planned metro line will further enhance connectivity, making Mundhwa even more popular among businesses looking for upcoming commercial projects in Pune.
Robust Social and Civic Infrastructure
Mundhwa takes pride in its robust social and civic infrastructure that has been a strong driving force in its growth. While Pune-Solapur Highway ensures smooth connectivity to other parts of the city, the ongoing road-widening projects and the proposed flyovers are set to further make connectivity faster and commuting smoother. In addition, commercial property in Mundhwa offers you easy access to modern utilities and amenities that support commercial activities. The presence of reliable electricity, water supply, and high-speed internet connectivity ensures that businesses can operate smoothly. Additionally, the availability of quality healthcare facilities, educational institutions, and recreational options adds to the appeal of a commercial property in Mundhwa.
An array of residential projects have resulted in the growth of commercial properties as well
The influx of residential projects in Mundhwa has also contributed to its commercial growth. With a growing population of professionals and families, there is a rising demand for commercial establishments such as retail stores, restaurants, and entertainment centres. This symbiotic relationship between residential and commercial development is a key driver of Mundhwa's economic expansion.
IT - the driving force behind Mundhwa’s growth story
Mundhwa has emerged as a significant player in Pune's IT and ITES sector. The presence of major IT parks and business centres has attracted a plethora of IT companies, and has resulted in the growth in demand for a commercial property in Mundhwa. The availability of a skilled workforce, coupled with competitive real estate prices, makes Mundhwa an attractive destination for IT businesses looking to set up operations.
Startups and SMEs
The supportive ecosystem in Mundhwa has fostered the growth of startups and small and medium-sized enterprises (SMEs). The presence of coworking spaces, business incubators, and venture capital firms has created a conducive environment for innovation and entrepreneurship. This has led to a dynamic business landscape, with a mix of established companies and new ventures.
Future Prospects
The future looks promising for Mundhwa, with several planned developments set to enhance its commercial appeal further. The proposed metro line, new commercial projects, and infrastructure upgrades will continue to drive growth in the area. These developments are expected to attract more businesses and investors, solidifying Mundhwa's position as a key commercial hub in Pune.
If you are looking for a commercial property in Pune, you must take a look at the upcoming commercial projects in Pune by Kohinoor Group.
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