Anand Park, Pune

anand park, Pune locality is a sub-locality of Wadgaon Sheri in the city of pune, maharashtra. anand park locality is named after the anand park, which lies at the centre of the region.

the localities are a neighbour to kalyani nagar, ghaghuveer nagar, somnath nagar, krushna nagar, pant nagar, ramwadi and banyan tree society. the region is bound by old mumbai road, kalyani nagar road and samrat ashok road

the price range of residential properties in the locality is about inr 7,200 to inr 13,700 per square feet. the property market in anand park, pune is dominated by apartments and the most popular apartment configuration consists of 2 bhk, 3 bhk and 4 bhk flats.

key highlights

the region is in proximity to the phoenix market city mall, one of the large malls of pune. almost all brands and products are available in it or the nearby markets attached to it.

whats great?

excellent connectivity options in the region. the inorbit mall bus station and chattrapati shivaji maharaj chowk transport interchange are significant providers of public transport. the area also lies close to the state highway 27 : kopargaon-shirdi-ahmednagar-pune highway

whats not great?

not many residential plots available in the region

the region is not covered by pune metro infrastructure.

Watch out for?

river-view properties in the proximity of the mula –mutha river and the properties near the state highway 27 : kopargaon-shirdi-ahmednagar-pune highway.

social infrastructure

phoenix market city mall is the prominent mall in the region for shopping purposes. raje chattrapati maharaj udyaan, wadagoan sheri pmc park and the eponymous anand park are the few socialising centres here.

shopping complex & markets

bholeswar super market, somnath nagar road

sri ram market, gamesh ganj road

phoenix market city, viman nagar

inorbit mall, kargil vijay nagar

health care centers

agarwal maternity and general hospital, sangharsh chowk

ganga maternity and general hospital, sai nagari

jeevanshree hospital, old mundhawa road

nirmay hospital, mahadev nagar

connectivity & public transport

the inorbit mall bus station

 chattrapati shivaji maharaj chowk transport interchange

state highway 27 : kopargaon-shirdi-ahmednagar-pune highway

schools, bank & fitness centersschools in this area:

christ college, ramwadi

guru gorakhnath hindi medium school, punyenagari

banks in the area:

bank of maharashtra, narhe

hdfc bank, wadagon sheri

bank of baroda, wadagaon sheri

nearby atms of prominent banks

state bank of india atm, niyati meadows

union bank of india atm, tempo chowk

fitness centers:

samarth gym, namdev nagar

club of fitness, kharadi

popular landmarks near locality:

agra khan palace museum

chattrapati shivaji maharaj chowk

capital and rental trends

the property market in anand park, pune mainly consists of residential apartments which make about 88% of all the offerings for sale. builder floor apartments cover the remaining 12%.

the most popular apartment configuration consist majorly of 2 bhk, which make up 38% of the available apartment listings, 3 bhk, which make up about 25% of the listings, 4 bhk, which make up 25%. the remaining 12% is covered by 10 bhk.

the price range of residential properties in the locality is about inr 7,200 to inr 13,700 per square feet, with varies with the proximity to mula-mutha river, the facilities available and other factors.

apartments cover about 70% of the market for the rental market while residential houses cover 20% of the market. the commercial office spaces cover the remaining 10%.

the base price for 2 bhk apartment for sale starts from inr 85 lakhs

the average rent prices for a 2 bhk apartment starts at inr 15,000 and can go as high as inr 25,000 depending upon the locality

scope of growth

the property prices in the area have risen from inr 6,800 per square foot in the last quarter of the 2019-2020 fiscal year to inr 7,200 in the first quarter of the fiscal year 2020-2021. that is about a 6% rise in property in 2 years. it is expected that this trend would continue and the property prices would be up by at least 2% in the next financial year

investment opportunities

investment in the properties in the proximity of the mula –mutha river is a good investment decision.

similarly, investment in properties near the state highway 27 : kopargaon-shirdi-ahmednagar-pune highway is a good idea.