Luxury living is an aspect of city life that has steadily been on the rise and increasingly sought after especially by millennials in India, over the past couple of years. High-rise towers featuring elite specifications, where the ultimate indulgence is guaranteed are becoming the norm in metropolitans all over the country. But high rise buildings with the poshest features and most spectacular, modern-day amenities are not what luxury living is all about.
Luxury living isn’t only about what is inside the house but also what surrounds it. In simple terms, the location of a house plays a vital role in determining if it falls under the “luxury living” bracket.
Over the past decade, Pune has witnessed an unbelievable increase in the number of high-end luxury projects. Although the majority of these luxury projects are situated in the outskirts of the city, there are a number of them well within the city limits too. Located at the heart of Pune is Koregaon Park, home to some of the best luxury living projects in the entire city. If you are someone who is eager to make some real estate investments in Pune, then one of the best places to do so is Koregaon Park. Listed below are five reasons why Koregaon Park is Pune’s prime destination for real estate investors.
Koregaon Park has one of the highest liveability index scores not just in Pune but also in the entire state of Maharashtra, which speaks volumes about the locality. Roads and civic infrastructure are incredibly well developed and maintained. Some of the city’s most popular schools and colleges lie in close proximity, while a number of world-renowned IT and ITeS firms have their offices situated near Koregaon Park too. There are also a number of high-profile restaurants, supermarkets, malls, and hospitals located in and around the locality.
The days when Pune was known as the retiree’s paradise are far gone. With the incursion of IT and several other industries, the city has become a busy destination for IT professionals and others from all over the country. In spite of the hustle and bustle that is gradually turning Pune into a major metropolis like Mumbai, Koregaon Park seems to still offer those with a penchant for peace and calm environments, a perfect haven of rest and relaxation, right at the heart of the city. Koregaon Park has managed to retain the old-world charm of Pune, wherein the streets used to be lined with tall trees that blanket vast expanses with their shade. If you are someone who enjoys a quiet walk in the midst of tree-lined, traffic-free roads, then Koregaon is the place to be!
There isn’t any point in living in one of the most prolific neighborhoods of Pune, without getting to experience some of the best restaurants, eateries, and clubs that the city has to offer. If you live in Koregaon Park, then this is absolutely no problem because it is literally the height of Pune’s social indulgence. A plethora of world-class restaurants and dining establishments promises to be the ultimate delight for gourmands from around the world. At the same time, the city’s most prominent shopping centers and malls are situated in and around Koregaon Park. Some of Pune’s most high-end hotels such as the Westin, Conrad, and Vivanta Blue Diamond are situated in Koregaon Park.
The social fabric of Koregaon Park is quite rich and vibrant, in that there exists a wonderful mix of people from a variety of backgrounds, which speaks about the all-inclusiveness of the community. People who move into the neighborhood are able to adjust to their surroundings and build rapport with their neighbors incredibly well and fairly quickly, meaning it doesn’t take long for newcomers to begin feeling “at home”.
One thing that separates Koregaon Park from other prime localities in Pune is that it has a fine balance of commercial establishments and residential neighborhoods. Most popular localities in Pune are not quite suited for residential purposes because they have been overtaken by markets and shops. This makes Koregaon Park one of the best destinations for those looking to invest in localities with all modern-day amenities as well as scope for peaceful living.
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