Real Locations

MOSHI, Pune

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Moshi located in the heart of PCMC area, has caught the eye of real estate investors in the city due to its affordable rates. The ambitious Rs 600 crore Pune International Exhibition and Convention Centre (PIECC), is to come up over a sprawling 240 acre land at Moshi off the Pune-Nashik highway. The Pune Agriculture Produce Market Committee (APMC) will be opening a whole-sale market at Moshi at an estimated cost of Rs 15.89 crore.

A proposal for a metro rail project linking Chakan to Moshi is in the offing. The metro rail between the proposed international airport at Rajgurunagar near Chakan and the proposed International Convention and Exhibition Centre at Moshi would take shape soon. All these proposals will boost the real estate market in the areas.

Moshi – is becoming a popular option for those on a tight budget. With affordable housing options reducing in many real estate markets of big cities, Pune is one city that is still offering homes that fit smaller budgets. According to industry players, 70% demand in the segment is for affordable housing while 30% is for high-end or from the upper middle-class segment in Pune. Moshi is a destination which caters to this demand. It offers properties within the range of Rs 20 lakhs.Buyers with long-term plans can get good returns here as these areas will be at the peak of its development within the next 4-5 years. The demand also comes from the workforces of the industrial belts in the vicinity.