The New Kharadi area has caught the attention of investors and home buyers due to its proximity to well-known IT Parks and business centres, malls, multiplexes, and other recreational activities, as well as social amenities such as hospitals and educational institutes with advanced facilities. This has attracted the metropolitan population to purchase flats near Kharadi and Viman Nagar, naturally increasing the area's real estate price appreciation. Many first-time home buyers in Pune are looking for an upcoming residential project in the New Kharadi Pune because they want to live in one of the buzzing neighbourhoods with well-developed infrastructure close to their workplaces.