With the remote work culture likely to sustain, property developers recognize the desirability of a remote office in their upcoming projects. Today, residential complexes offer workplaces and wholly integrated business centers for residents.

More than a year after the COVID-19 pandemic began, demand for homes in the market remains robust. Builders are awakened to the fact that a blend of remote and in-office work is likely to persist in the foreseeable future. To offer the best for its residents, builders offer co-working spaces and business centers within residential complexes. 

These amenities provide the necessary change in many ways. As a novel idea, the Pride Purple Group has mooted a fully integrated co-working Business Center, together with facilities that include more than 15 workstations, a library, meeting room, wireless internet connectivity, washrooms, pantry, etc.

The luxury of having a working office within residential complexes

A customer-centric real-estate developer was essential to develop a concept that created comfortable workspaces within the residential complex. Though a novel idea, “we envisaged early on the future of work-from-home work model. Besides, we also felt that such spaces offer a great change of scene and are perfect for residents who work for long monotonous hours”, says Mr. Harshwardhan Agarwal. Thus, there are a host of advantages in this arrangement, both from the perspective of customers and builders.

It allows residents to work without disturbance from their family members or compromising their home spaces. With safe protocols for social distancing in place, business centers afford a chance to work in independent workplaces near the comfort of home.

For residents, this can prove to be beneficial on many counts. Co-working spaces without distractions or space constraints is a retrofit in many upcoming projects. According to ANAROCK Property Consultants, “offering co-working spaces as an added feature in residential or mixed-use developments is a time notion.”

Such co-working spaces within the residential complex have a lot to offer in terms of experience and amenities. Typically, the facility is available free of cost and without any hidden expenses. While it provides a luxury of a comfy workplace for working professionals, you are well within the vicinity of your home.

Having incorporated the concept of co-working spaces early on, the Pride Business Centers are a unique feature at Park Astra and Park Connect of Codename Park District. Spread over two floors, with added benefits of a well-appointed reception desk, a mini theatre, and a video conferencing room.

With one year of COVID experience behind us, one can safely conclude that co-working spaces are a nice amenity for residents. They offer a pleasant change of scene, safe interaction with like-minded people, and some respite from the routine work-life without compromising the home space – these are among the many significant benefits.

Codename Park District offers a full-fledged dedicated business center for professionals working from home. Working in specially appointed spaces with excellent natural light and floor-to-ceiling windows and beautiful views provides better meaning to a flexible work atmosphere.

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Wakad is a lively suburb situated just around 5 to 7 km from Baner and Aundh. Unless you are familiar with the precincts, you could easily overlook this underrated suburb of Pune. Over the past several years, this part of the city has witnessed exponential growth and development in civic infrastructure, easy connectivity, and alluring hot spots. If you are looking for a friendly neighbourhood that defines fine living and an active lifestyle, there are plenty of reasons to buy in Wakad. 

Fast-paced development and opportunities abound.

The past couple of years have witnessed exponential development in this part of the city, partly due to increased commercial activity on the Mumbai-Pune expressway and partly due to the IT sector’s growth. Today, the entire belt is home to over 2,000 start-ups, some well-known IT companies, several tech parks, biotech companies, and manufacturing and industrial companies in the precincts of Wakad. 

The area is known for improved infrastructure and amenities.

This fast-paced development has resulted in developing public infrastructures such as roads, easy commutation, proximity to workplaces, and better civic amenities like private schools and modern amenities in upcoming projects. Being a relatively new development also means better urban planning, beautiful communities, and social infrastructure.  

Wakad is a home for several It hubs, including Rajiv Gandhi InfoTech Park, DLF Akruti IT Park, Panchshil Tech Park, and International Tech Park. New-age schools like Wisdom World School, VIBGYOR, Mount Litera Zee School, Good Samaritan School have mushroomed up. At the same time, hospitals, namely Aditya Birla Memorial Hospital, Polaris Health Care, Jeevan Jyoti Hospital, are close to Wakad. 

Choice of contemporary homes with modern floor plans. 

What is noteworthy among the residential homes at Wakad is that most homes are well-lit, offer panoramic views, allowing residents to relax in their peaceful sanctuary while also offering a break from bustling city life. 

Pride Purple’s Park Titanium is RERA-compliant, modern residential homes that are the epitome of convenient urban living. 

With a well-equipped clubhouse, swimming pool, outdoor entertainment area, indoor and outdoor sports amenities, indoor lounge area, and plenty of available parking, residents can take advantage of the amenity-rich apartments in Pride Purple’s ongoing project at Wakad, Park Titanium. 

A blend of traditional and modern elements

Wakad is home to diverse residents, numerous seasonal activities, and festivals. The four-day Mhatoba Utsav, a traditional festival celebrated in honor of the village deity, has been in practice for 450 years. Once known as a rich agricultural belt, the area grew crops like onions, groundnuts, sugarcane, among others. Today, along with the numerous seasonal activities, Wakad is a home for modern homes, wide pedestrian-friendly streets, filled with modern amenities, and perfect for living an active lifestyle!

Consistent real-estate growth and appreciation

Over the past couple of years, investment in residential homes at Wakad has given consistent returns and real-estate appreciation. While rapid growth in infrastructure, proximity to industrial hubs, and IT parks may be considered as immediate reasons, the area has a lot to offer to its discerning investors. 

Take for example, the sprawling 100-acre Park Titanium in Wakad. Investment in these residential homes has proved to be profitable that has rewarded its investors over 18% in the past four years (Source: Housing.com). 

Besides offering good gains, easy accessibility, world-class amenities, and modern infrastructure, the residential properties in Wakad are clearly on a up move in terms of investment appreciation from a medium-term perspective and long-term horizon.

The post Top 5 Reasons to Live in Wakad appeared first on Pride Purple | Blog.

When it comes to having the best of sustainable development, few places in Pune have the advantage of Bibwewadi. Nestled amidst the verdant green hillocks and its proximity to the commercial areas, Bibwewadi is known for its wide roads, green cityscape, and a hub of activities. Naturally, this area is among the top residential areas in Pune for the discerning populace, who wish to have the best of the world at their doorstep.

For these reasons and more, this area of Bibwewadi happens to be our top pick for the month for a perfect residential location. 

Between November-December 2015-November-December 2020, properties around the Bibwewadi area have witnessed an appreciation of 15.2%. Besides offering great investment options, there are a host of benefits of investing in the area.

Buying a residential property in such a bustling area is easy, as various parameters must be considered before buying the right home. Connectivity, infrastructure, green surroundings, amenities at the doorstep are just some of the aspects on the top of the list. During recent years, there has been a shift in preferences for new-age home buyers. The budget, neighbourhood, and social infrastructure top the list for the new home buyers. We roll it up in this article on why Bibwewadi may be considered for real estate investment in Pune. 

Infrastructure and Connectivity

Hassle-free connectivity and developed social infrastructure are what describes it the best. While on the one hand, Bibwewadi is situated close to the Market Yard, Gultekdi, the place is not farther away from Shivajinagar or MG Road, the main shopping areas of Pune. Easy connectivity to the rest of the city and access to the Pune-Mumbai Highway are among the advantages for home buyers. 

Owing to the proximity to the main business centres of Pune, Bibwewadi has been a natural choice for entrepreneurs and businesspeople alike. But given the ease of connectivity, the area has witnessed a surge in buying activity among young IT professionals and senior residents. 

Safe buying opportunity and hope for good price appreciation

The sprawling residential complexes that have cropped up in this area have fetched good returns in the past decade. With good infrastructure and amenities, social infrastructure such as parks, recreational clubs, etc., one can hope to get good returns in the short and medium-term. 

Compared to some of the upcoming residential areas such as Magarpatta, Undri, Kharadi, the one advantage that Bibwewadi offers is a competitive price range in a centrally located area. We estimate that the apartments situated in this area will fetch good returns compared to other projects in a similar locality, from a medium to long-term horizon.  

As the adage goes, “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense and managed with reasonable care, it is about the safest investment in the world.” This holds so true while buying Park Landmark by Pride Purple Group. The apartments are available at various configurations of 2-BHK and 3-BHK and priced at a competitive market rate. A sheer pride for prospective homebuyers.

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