Godrej Greens

PROJECT OVERVIEW

Godrej Properties has had a reputation of designing projects with nature as its central theme. Their latest project, Godrej Greens, located in Undri, South Pune is no diferent. With a starting price of just over ?46 Lakhs and a 10:90 plan, it is the ideal investment option for you

• The project offers a price range of 46.66 to 75.77 Lakhs
• 2 and 3BHK units available from 578-900 Sq.Ft .
• Located in the education hub of Pune-Undri
• Well connected to Magarpatta IT Park and SP Infocity
• Proximity to Pune railway station and international airport
• Exclusive 10:90 payment plan

PROJECT HIGHLIGHTS 

• Hi-tech safety features including tyre busters and voice evacuatioKid’s play area, toddler’s play area, kid’s pool n system 
• Clubhouse with swimming pool
• Gym, yoga plaza, indoor games
• Sports arena: half basket-ball court, multi-purpose sports court
• Amphitheatre, terraced garden, herbal garden, multipurpose hall

MARKET ANALYSIS: GODREJ GREENS VS OTHERS 

1. Most of the projects present in the vicinity of Godrej Greens are by local city-based developers. These projects might offer slightly smaller ticket sizes, but lack in terms of amenities when compared to Godrej. 
2. The only established developer in the vicinity of Godrej Greens is Nyati. However, the project is priced way higher than Godrej Greens. The smallest unit in Nyati Esteban is priced at more than double the price of the smallest unit in Godrej Greens. Thus, even though a 2BHK unit in Nyati is 200 Sq.Ft. larger than Godrej, the latter offers more value for money. 

MICRO-MARKET ANALYSIS: WHY UNDRI 

Situated in South Pune, Undri has emerged as a preferred residential location due to its proximity to IT hubs and presence of multiple schools. 

• Connectivity 
• Well connected to the Mumbai-Pune bypass road 
• Well connected to the Katraj-Kondhwa-Phursungi-Solapur Highway 
• Both Pune railway station and international airport are within 15-18 km 
• Easily accessible to important localities such as Magarpatta, Camp and Wanowrie 
• Upcoming Outer Ring Road will connect Katraj - NH4 in the South and Theur Phata - NH9 in East Pune 

Social Infrastructure 

The social infrastructure around the location is also well established with multiple health care facilities, schools and colleges, entertainment and shopping options in the vicinity.

1. Hospital - Ruby Hall Clinic - 7 Km ,Noble Hospital - 7.9 Km ,Inamdar Multi Speciality ,Hospital - 9 Km 
2. Malls - Inox - 4.5 Km ,Dorabjee Paradise - 4.6 Km 
3. Education - Vibgyor High School - 4.6 Km ,DPS - 4.4 Km ,Bishop's School - 3.1 Km ,Euro School - 2.2 Km 
4. Corporates - S.P. Infocity - 8.6 Km ,Magarpatta IT Park - 9.8 Km 

Capital and Rental Trends

The average capital value for an apartment in Undri varies from Rs ?5,000-?7,500/Sq.Ft. depending upon the developer. It may even be higher for some luxury projects. Rental market in the locality is well developed due to the strong demand from the IT workforce working in Magarpatta and SP Infocity. The average rental value for a 2BHK in Undri varies from ?16,000-?18,000 per month. 

Scope of Growth  

Undri is one of the fastest and steadily growing locations in South Pune. The locality is the education hub of the city. There are a plethora of good schools in the location which is also the driving factor here as families with children seek accommodations here. The IT workforce also prefers the location as it is away from the hustle bustle of the IT hubs such as Magarpatta while offering easy accessibility to their offices. The location has witnessed a steady growth of 4-6% annually in capital values in the last few years. 

ABOUT DEVELOPER 

Godrej Properties is a name to reckon with in the realty and construction industry in India. The company is a part of the Godrej Group, one of India’s biggest and most trusted business conglomerates with interests in real estate, consumer goods, agribusinesses, appliances, locks and security solutions and many other verticals. Godrej Developers harnesses this 119 year old legacy of trust and excellence and emphasizes on top class technology and design for its projects. Godrej Realty is known for its focus on sustainability and innovation. The list of Godrej projects includes multiple residential, township and commercial projects. The company is currently developing 115 million sq. ft. of projects in 12 Indian cities. The company has received in excess of 150 recognitions and awards and aims at being one of the top three developers in the nation. The company recently partnered with APG for setting up a $275 million fund to expand its real estate interests while the parent Group has also earmarked INR 1, 900 crore as a realty fund.