Expanding Pune: Mohammadwadi awaits good roads, regular water supply
Mohammadwadi may have joined PMC in 1997, but its infrastructure nightmare is only just seeing light of day. High profile residential societies dot this hilly, forested suburbia and also myriad problems affecting daily lifepune Updated: Feb 03, 2018 14:52 IST
Located in the south-eastern fringe of Pune with 200 acres of forest under the National Institute of Bank Management (NIBM), and Kondhwa, Undri on the other two sides, Mohammadwadi, is now teeming with frenetic activity.
A sleepy Panchayat till 1996, Mohammedwadi has emerged as an attractive destination for home buyers because of its future potential coupled with good connectivity to the Kondhwa-Katraj bypass, Solapur highway, Mumbai-Bangalore Expressway and Lohegaon airport through the Hadapsar-Kharadi bypass.
It is also well connected to suburbs like Hadapsar and Pisoli.
A large number of serving and retired defence personnel, retired civil servants, IT professionals and businessmen have chosen to settle in this suburb.
As with the other fringe areas of Pune, the rapid real estate development has outpaced the speed with Pune Municipal Corporation and has been able to provide the basic civic infrastructure.
Prominent real estate developer Jehangir Dorabjee of Dorabjee Estates, one of the earliest developers of Mohammadwadi said,“The area is developing into one of the best suburbs of Pune and currently houses a number of educational institutes, leading restaurants, entertainment joints and supermarkets to cater to different sections of people.
“It is facing problems related to poor road infrastructure, street lights and drinking water supply. Two of the area corporators Pramod Bhangire and Sanjay Tatya Ghule are trying to provide good roads to the citizens. We hope the PMC administration takes proactive steps and ensures good roads before the onset of monsoon.”
Professional property consultants say that the commercial property prices for shops range from Rs. 15,000 to Rs 20,000 per square feet while residential property rates are hovering between Rs 5,000 to Rs 7,500 per square feet. The area is poised for another leap once the infrastructure falls in place.
Mohammadwadi has a hilly topography towards Voyage To the Stars residential complex and Raheja Vista till Dorabjee Mall.
The hill is thickly populated with trees and the area is designated as a reserve forest area.
Similarly, 46 acres of reserve forest land has been converted into a nature park christened as Anand Van by Anand Van Mitra Mandal, an NGO working for the conservation of reserve forests in the area.
Eight water tanks have been constructed across different locations in Mohammadwadi to address the problem of water shortage.
Notwithstanding this, a number of prominent builders like Nyati Group, Raheja Group, Jehangir Dorabjee, VT Palrecha, Marvel Realtors, Acropolis Purple Construction and Clover Group have a number of housing projects in this locality.
Investors from western Maharashtra, especially Mumbai have made heavy investments in buying residential and commercial real estate in the area.
First Published: Feb 03, 2018 14:50 IST