Godrej Nurture Pune

Mamurdi, Pune

Godrej Properties has had a reputation of designing projects with nature as its central theme. Their latest project, Godrej Nurture, located at Mamurdi, Pune is no different. With a starting price of just over Rs 60 Lakhs and a 10:90 payment plan, it is the ideal investment option for you.

The project offers a price range of Rs 60.18-99.59 Lakhs
Both 2 and 3 BHK units available from 695-1108 Sq.Ft. (carpet)
Located in Mamurdi, just off the Mumbai-Pune Expressway
10:90 payment plan
500 meters from Symbiosis College
Next to 1.2 Lakh Sq.Ft. of upcoming commercial project
Only 10 minutes drive form Hinjewadi IT park

PROJECT HIGHLIGHTS

Recreation Zone: Dance and music classes, Martial arts Training, Art and painting classes, Music Room, Theatre, Live cooking classes & Photography
Learning Zone: Personality development classes, E- Learning classes, Mathematics Aptitude, Tuition
Sports and fitness zone: Tennis / Volleyball / Basketball, Sports Academies for swimming, Box cricket, Out-door play area, Kids play area, Digital gym
Fun zone: 3D/4D mini theatre, Multipurpose party hall, Digital Snooker, Video Game parlour, Child nutritionist and paediatrician

MARKET ANALYSIS: GODREJ GREENS VS OTHERS

A look at the available projects in Mamurdi reveals that most of the new projects in the locality are being developed by city-based developers.
The only project in the locality by an established developer apart from Godrej is Lodha Belmondo.
However, one has to shell out more than a crore for a 3BHK unit in Lodha Belmondo while the same is available for Rs 85-95 Lakhs in Godrej.
Also, the use of the MLA concept (Maximum Liveable Area) ensures optimum utilisation of available space in Godrej properties.
Further, Lodha Belmondo is a fully occupied project and thus only re-sale properties are available. This also means, even though the price for a 2BHK unit is advertised at 58 Lakhs, it can go up to any amount in the re-sale market.
Thus, from an investment point of view also, Godrej Nurture is more lucrative as the project is under-construction. Market value of the project will appreciate as it nears possession.

MICRO-MARKET ANALYSIS: WHY UNDRI

Located just off the Mumbai-Pune Expressway, Mamurdi has developed as a residential hub offering a serene and peaceful environment. Mamurdi has grown into a bustling hot bed of residential development in the last few years. Good connectivity, proximity to IT hubs and availability of relatively affordable housing options has put the locality on every prospective home buyers’ radar.

Connectivity

Mamurdi is the first town off the Mumbai-Pune Expressway and it is the entry point from Mumbai to Pune.
It is well connected to the city centre via state highways and an established rail network.
It is strategically located at the intersection of three major roads namelyOld NH-4 Highway, Katraj-Dehu Road and Mumbai Pune Expressway.
It is at a distance of just 10-20 minutes from IT hubs such as Hinjewadi and Baner.
It is also well connected to Chakan and Talegaon MIDC

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.

Hospital - Sanjivan Hospital - 10 Mins ,Aditya Birla Hospital - 19 Mins ,Lokmanya Hospital - 20 Mins
Malls - INOX - 20 Mins ,Fun Square Multiplex - 20 Mins ,E-Square Carnival Xion - 21 Mins
Education - Pavana Kids Pre School - 6 Mins,Symbiosis University Mamurdi - 6 Mins ,Lions Club School - 10 Mins
Capital and Rental Trends

As per market sources, the average capital values in the locality vary between 4200-6200 per Sq.Ft. at present. The location has witnessed a mixed trend with respect to residential values in the last one year. Prices displayed an upward trajectory post the first quarter and have stabilised hence
The average rental value for a 2BHK varies from 10,000-13,000 per month approximately while one can rent out a 3BHK for about 15,000-17,000 per month.
Scope of Growth

Mamurdi is still growing as a residential spot. Since the location is under the jurisdiction of Pimpri Chinchwad Municipal Corporation (PCMC), a lot of social and civic infrastructure in the form of public transport, schools etc are planned in the near future. For instance, two metro stations are coming up in the proximity-Wakad station and the Akurdi Station. The Wakad station would provide the East-West connectivity thereby enhancing access to the Hinjewadi IT park. On the other hand, Akurdi station would enhance the North-South connectivity. Another infrastructure project that is proposed is the Hyperloop Link. The station for the same will be in Mamurdi and it would reduce the travel time from Pune to Mumbai to 20 minutes.

Thus, from an investment point of view the location offers a lot of scope. Capital appreciation is a given once all the proposed infrastructure projects are completed. Further due to proximity to Mumbai, the location is an ideal option for investors from Mumbai as well. Property prices in Mumbai are at least twice as higher and investing here would also ensure a higher capital appreciation than Mumbai. Proximity to IT Hubs and MIDC areas also promises a steady rental demand. Further, universities such as Symbiosis Pune, is also located here, which further bolsters scope for rental demand from student population. Market experts believe that a rental yield of 3-4% can be easily expected from this location.

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.