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Residential Localities Top 10 Localities of Pune Magicbricks Prime Demand Drivers Top Localities Q1 2020 QoQ YoY Commercial segment fueling demand for Top Locality Rank Avg. Price Change Change affordable housing in peripheral areas Airport Road 1 8,000 -0.2% 7% Pune, as one of India's major IT Hub, generates a strong demand for Hadapsar 2 6,350 0.3% 4% afforadble and mid-segment real estate. Moreover, it hosts many Baner 3 7,250 0.9% 5% industrial areas; and major infrastructure projects like metro lines, Kondhwa-Wanwadi 4 6,900 -2.3% 2% ring road, and flyovers augment this demand. Dhayari-Ambegaon BK 5 5,350 1.0% 0% According to PropIndex, an apartment Index recently released by Wakad 6 6,600 0.0% 4% Magicbricks, Airport Road, Hadapsar, Kondhwa-Wanwadi, Paud Pimple Saudagar 7 6,750 -0.5% 2% Road, Baner, Wakad, Pimple Saudagar, Dhayari-Ambegaon BK, Paud Road 8 7,350 -0.5% -4% Dhanori-Lohegaon, and Wagholi have been rated as the most Dhanori-Lohgaon 9 5,350 -0.3% 3% popular localities to buy home in Jan-Mar 2020 quarter Wagholi 10 4,650 0.9% -1% For more information on localities in Pune, please visit: Note: Represents average locality prices in INR psf, with changes in prices in https://www.magicbricks.com/localities-in-Pune Jan-Mar 2020 and last one year Source: Magicbricks Research Magicbricks Research Analysis Airport Road | INR 5,650 - 8,700 per sq ft. Hadapsar | INR 4,800 - 8,350 per sq ft. One of Pune's major road passing through upmarket residential and Developing residential and commercial area, comprising of townships commercial localities of Yerwada, Vishrantwadi, and Viman Nagar. and multi- storey apartments, in the vicinity of employment hubs. Demand Drivers - Proximity to airport and IT parks, well developed Demand Drivers - Proximity to IT Parks and industrial areas, well social and retail infra, sound connectivity to other areas in Pune established civic amenities, upcoming Metro rail Key Developers | Kukreja Builders, Goel Ganga Group, Nyati Group, Key Developers | City Group (Amanora Park Town), Kumar Properties, Aaiji Group, Kolte-Patil Developers, and Tata Housing Runwal Developers, and Mantri Realty Baner Dhayari-Ambegaon Kondhwa-Wanwadi Pimple Saudagar Wagholi Null Dhanori-Lohgaon Hadapsar Paud Road Undri-Pisoli Wakad Ravet Hinjewadi Wakad Dhanori-Lohgaon Wagholi Baner Koregaon Park Hadapsar Dhayari-Narhe-Ambegaon BK Undri-Pisoli © OpenStreetMap contributors Note: Above map highlights the top 10 localities of the city, with the size of the bubble depicting demand (consumer preference) for properties in the localities on Magicbricks website during Jan- Mar 2020 Source: Magicbricks Research © magicbricks.com Page 1 Top 10 Localities | Pune Magicbricks Kondhwa- Wanwadi | INR 4,600 - 9,850 per sq ft. Paud Road | INR 4,350 – 5,800 per sq ft. Kondhwa- Wanwadi (Wanowrie) is a developing residential locality One of Pune’s major satellite developments, comprising areas of comprising of high-rise apartments across a wide price range, and Kothrud, Bavdhan, Pirangut, and Bhugaon. It hosts many affordable having proximity to IT parks and industrial areas. multi- storey apartment projects, and has adequate civic amenities. Demand Drivers – Well developed social and retail infrastructure, Demand Drivers – Affordable housing units, Upcoming Ring road, easy upcoming Metro, excellent connectivity to employment hubs connectivity to Industrial areas and IT Hubs Key Developers | Kolte-Patil Developers, Sobha Group, Goel Ganga Key Developers | Kolte-Patil Developers, Playtor Childspaces, Enerrgia Group, Kumar Properties, Bramhacorp, and Runwal Developers Skyi Developers, Goel Ganga Group, and Puranik Builders Baner | INR 6,100 – 9,350 per sq ft. Dhayari-Ambegaon BK | INR 3,650 – 6,500 per sq ft. One of the most expensive areas of Pune, comprising of multi- storey Developing residential cum commercial locality along the NH 48, it is residential apartments and individual homes, with excellent civic dominated by multi- storied apartment projects, individual houses, infrastructure. and plots. Demand Drivers – Excellent social and retail infrastructure, proximity Demand Drivers – Sound social and retail amenities, proximity to to Mumbai-Pune Highway and Hinjewadi IT Park. employment hubs, easy connectivity to Mumbai and Satara Key Developers | Puranik Builders, Kolte-Patil Developers, Kalpataru Key Developers | Majestique Landmarks, Sumeru Buildcon, Kalyanee Group, Regency Group, and Vilas Javdekar Developers Fortune Properties, Darode Jog Properties, and Mittal Group Wakad | INR 5,450 – 7,800 per sq ft. Dhanori- Lohegaon | INR 4,250 – 6,350 per sq ft. One of Pune’s fastest-growing localities, situated along the Mumbai Developing residential area comprising of a wide range of affordable Pune Highway, offering affordable to premium high rise residential to mid- range multi- storey residential apartments, individual houses apartments.It is in proximity to IT Parks and industrial areas. and bungalow plots. It is in proximity to IT parks and industrial areas. Demand Drivers – Well developed social and retail infrastructure, Demand Drivers – Affordable housing, decent social and retail proximity to Hinjewadi IT Park and other employment hubs infrastructure, proximity to airport and employment hubs Key Developers | Kolte-Patil Developers, Kalpataru Group, Paranjape Key Developers | Goel Ganga Group, Bramha Realty & Infrastructure, Schemes, BU Bhandari Landmarks, and Mahindra Lifespaces Mantra Properties, Xrbia, Nivasa Group, and Nyati Group Pimple Saudagar | INR 6,050 – 8,100 per sq ft. Wagholi | INR 3,800 – 5,700 per sq ft. Developed residential locality comprising of mid- to premium- range Developing residential area near Pune city, dominated by affordable apartments. It is favored by home buyers majorly due to its proximity housing projects. Adjoining the IT Hub of Kharadi, it has basic civic to Hinjewadi IT Park and other industrial areas. amenities and sound connectivity to other employment hubs in Pune. Demand Drivers – Sound civic amenities and retail facilities, proximity Demand Drivers – Affordable housing units, Proximity to IT hubs, easy to employment hubs, upcoming metro rail connectivity to industrial areas Key Developers | Goel Ganga Group, Wadhwani Constructions, SSD Key Developers | Kolte-Patil Developers, BU Bhandari Landmarks, Group, GK Developers, Raviraj Realty, and Yashada Realty Nyati Group, Majestique Landmarks, and Venkatesh Oxy Group For more information on localities in Pune, please visit: https://www.magicbricks.com/localities-in-Pune For more information and research related queries, please contact: Surabhi Arora | Head of Research Devendra Lohmor | Chief Manager Deepak Rajput | Sr. Research Analyst [email protected] [email protected] [email protected] Disclaimer: The data represented above is compiled by MagicBricks from multiple sources. MagicBricks gives no warranty, express or implied, as to the accuracy, reliability, and completeness of any information and does not accept any liability on the information which may or may not be subject to change from time to time due to Governmental or non Governmental regulations/directions. © magicbricks.com Page 2.
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