Sahakar Nagar represents a unique blend of traditional and
modern lifestyle, and the real estate balances these two splendidly, says, Kishor
Pate, CMD - Amit Enterprises Housing Ltd.
Pune's rapid urbanization causes new areas to spring up as
real estate destinations with every passing year. Simultaneously, the city's
population itself is becoming more and more homogenized, with traditional value
systems giving way to a more modern, all-encompassing outlook.
Pune is witnessing a very high rate of cross-border cultural
exchange, with an increasing number of its citizens traveling abroad even as
more and more international tourists explore the city each year. The IT
culture, glitzy shopping malls boutiques offering the latest in global fashion
trends and international schools are all part of this process of cultural
homogenization.
Nevertheless, the old Pune - the city, which holds on to its
traditional values and outlook - continues to exist. It is less visible today
than it was just ten years ago, but the spirit of Punyanagari lives on in its
core areas. Sahakar Nagar is perhaps the prominent of these strongholds.
Sahakar Nagar represents a unique balance because it has
retained the city's traditional culture and sophistication while at the same
time evolving to keep pace with the times. From the outside, the tranquil
dignity and old-world charm of Pune's most exclusive and desirable residential
location gives no visible indication of change. Nevertheless, Sahakar Nagar as
a real estate location has been seeing a constant process of reinvention.
The inherently high economic profile of this area has
ensured that old residential buildings have been constantly redeveloped. This
is largely because Sahakar Nagar's elite residents themselves have a stake in
preserving the ethos and viability of this locality. As a result, Sahakar Nagar
has shown none of the signs of urban decay so common to most other areas where
no new development is possible.
In fact, the past few years have seen no new residential
developments at Sahakar Nagar because of the lack of land. Redevelopment and
up-gradation of existing buildings is largely being undertaken by the area's
own HNWI stakeholders. Against this backdrop, Amit Enterprises Housing Ltd is
now developing what will literally be Sahakar Nagar's last addition to this
exclusive landscape.
Arcadia, in the final stages of completion next to AEHL's
previous project 9 Green Park, is spread over 4.3 acres of Sahakar Nagar's most
spectacularly beautiful hilltop location. Comprising of two high rise towers of
ultra-luxury living spaces, each supported by multi-storeyed reserved parking,
Arcadia will deliver 62 apartments to Pune's most discerning home buyers in the
city's most aspired-for residential location. Arcadia is the final brush-stroke
on a priceless masterpiece called Sahakar Nagar - a location that always has,
and always will, capture the very essence of all that is truly Pune.
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