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- Property in Karve Nagar, Pune
- Karve Nagar
- Rank 75 out of 867 localities
- Average Sale Price ₹ 18,950/Sq. Ft.
- Average Rental ₹ 33/Sq. Ft.
- Quality of Life Score 4.1/5 See Details
About Karve Nagar, Pune
Karve Nagar falls under Pune in Maharashtra, and the locality constitutes a significant portion of the Pune West zone. The postal code utilised here is 411052. Among 1158 localities within the city, this locality has a ranking of 75, indicating its relative standing in terms of liveability, infrastructure, and real estate demand compared to the rest of the city.
The real estate market is active and appreciating, with 458 new launches offering fresh stock and modern homes. Around 12 sites are mid-stage, showing future supply. 435 projects are fully ready for families, indicating short-term availability and growth potential.
The housing mix is diverse, catering to various budgets and preferences. It includes Apartment, Builder Floor, from compact apartments for students and professionals to larger family units, totalling 69 Apartments and 3 Builder floor units. This variety supports a healthy rental and resale market.
Currently, there are about 62 properties for sale and 211 for rent, indicating a balanced buyer–renter market. The average sale price is ₹16,850/Sq. Ft., generally varying within ₹15K/Sq. Ft. to ₹19K/Sq. Ft. based on property size, age, and features. Rentals mostly close within 1 RK to 3 BHK, though premium areas and new developments can command higher prices during high demand.
Apartment 94% represents the dominant share of homes available for purchase in this locality. ₹33/Sq. Ft. reflects the typical rental rate seen in listings across the area. ₹33/Sq. Ft. is commonly observed across recent rental agreements. 1 BHK, 2 BHK, 3 BHK, and Studio form the core configuration options available in the neighbourhood. 14 (1BHK), 34 (2BHK), 13 (3BHK) and 8 (Studios) summarise the distribution of homes across different bedroom categories.
Infrastructure, Connectivity & Transport
Karve Nagar is along Karve Road, a key arterial that connects directly to Pune, linking the top western neighbourhoods. Residents can easily reach Kothrud, Warje, and Paud Road. The Mumbai–Pune bypass, located nearby, provides quick access to Hinjewadi, Mumbai, and beyond. Traffic is light outside peak hours but congested during rush hours.
Inside, narrow lanes connect housing, markets, and community spaces, with some streets causing slow traffic and parking issues, especially near older areas and shopping spots.
Public transport includes PMPML buses to Deccan, Swargate, and other hubs, along with auto-rickshaws. The metro is not yet operational; residents depend on Pune Junction and Shivajinagar Station, 8-10 km away.
Lohegaon's Pune International Airport is about 16 km away. Late-night trips are quick, but daytime travel faces traffic on Karve Road and Paud Phata. Nearby landmarks like MIT World Peace University, Cummins College, and Millennium School attract families and students. Shopping options include JVA Mall, Kakde Plaza, and local markets. Recreational spots are the Blades of Glory Cricket Museum and walking tracks along the Mutha River. Main roads are well-maintained, facilitating smooth travel during light traffic; however, congestion and limited parking are concerns during peak hours due to the dense road network and rising popularity.
Distance to Nearby Localities and Landmarks
How People Rate Karvenagar
Karve Nagar records a livability score of 4.1, indicating that daily needs and services are primarily met within the neighbourhood. The connectivity index is 4.0, supported by the direct link of Karve Road and easy access to the Mumbai-Pune bypass. For lifestyle, the locality scores 4.2, with malls, local markets, and restaurants nearby. Education and healthcare are strong points, giving the area an index of 4.3 thanks to the presence of colleges, schools, and hospitals around the locality.
Market Trends & Investment Potential
Prices in Karve Nagar have gone up over the last few years. The average sale price is near ₹16,850/Sq. Ft., but in reality, deals can move anywhere within ₹15K/Sq. Ft. to ₹19K/Sq. Ft., and sometimes even outside if the property is unusual. 78 resale properties are also available in the locality. During Dec 24 to Nov 25, records mention 292 registrations. The rate at that point was ₹11,250/Sq. Ft. Rentals keep moving, too. Most values fall inside ₹34K to ₹45K, but owners often ask higher prices during busy months. People working or studying nearby usually prefer 1 BHK 40%. ₹261 Cr highlights the total value recorded in government transactions during the period.
Explore Key Amenities in Karve Nagar, Pune
| Schools Near by Karve Nagar | |
|---|---|
| Gr Palkar Primary School | 0.41 KM |
| Karve Institute Of Social Service | 0.75 KM |
| Millennium National School And Junior College | 0.90 KM |
| Millennium National School | 0.90 KM |
| House Of Success | 1.02 KM |
| Sanu Patel High School | 1.34 KM |
| Alan Tilak Karate School | 1.39 KM |
| Silver Crest School | 1.42 KM |
| Bal Shikshan Mandir English Medium School | 1.43 KM |
| Abhinav Vidhyalay High School | 1.51 KM |
| Hospitals Near by Karve Nagar | |
|---|---|
| Sahawas Hospital | 0.47 KM |
| Srujan Maternity And Nursing Home | 0.48 KM |
| Bhagirathi Childrens Hospital | 0.52 KM |
| Bhagirathi Mulanche Hospital | 0.52 KM |
| Shashwat Hospital | 0.70 KM |
| Shaswat Hospital | 0.72 KM |
| Deoyani Multi Speciality Hospital | 0.88 KM |
| Gems Hospital | 1.04 KM |
| Contacare Eye Hospital | 1.07 KM |
| Suyash Hospital | 1.17 KM |
| Hotels Near by Karve Nagar | |
|---|---|
| Rudra Residency | 0.78 KM |
| Hotel Sadanand Residency | 1.60 KM |
| Mathura Recidency | 2.80 KM |
| The Oakwood Hotel | 3.69 KM |
| Hotel Viva Inn | 4.26 KM |
| Hotel Ravikant | 4.30 KM |
| Hotel Pranav | 4.35 KM |
| Hotel Tiranga Residency | 4.99 KM |
| Hotel Sayba Inn | 5.27 KM |
| Hotel Galaxy | 5.41 KM |
| ATMs Near by Karve Nagar | |
|---|---|
| Federal Bank | 0.23 KM |
| Canara Bank | 0.55 KM |
| Kotak Mahindra Bank | 0.58 KM |
| Canara Bank | 0.67 KM |
| Axis Bank | 0.73 KM |
| Indusind Bank | 0.74 KM |
| Bandhan Bank | 0.75 KM |
| Yes Bank | 0.86 KM |
| Yes Bank | 0.88 KM |
| Icici Bank | 0.97 KM |
| Banks Near by Karve Nagar | |
|---|---|
| Suvarnayug Sahakari Bank Maryadit | 0.10 KM |
| Indian Bank | 0.12 KM |
| Dharampeth Mahila Sahakari Bank | 0.30 KM |
| Svc Co Operative Bank Ltd | 0.35 KM |
| Idfc First Bank | 0.36 KM |
| Indusland Bank | 0.39 KM |
| Pune People Co Op Bank Ltd | 0.43 KM |
| Icici Bank | 0.69 KM |
| Rural Cooperative Bank | 0.84 KM |
| Equitas Small Finance Bank | 1.02 KM |
| Parks Near by Karve Nagar | |
|---|---|
| Sahwas Garden | 0.40 KM |
| Martyr Major Tathawade Park | 0.88 KM |
| Vamanroa Garden | 0.93 KM |
| Tatyasaheb Thorat Udyan | 1.30 KM |
| Thorat Garden | 1.32 KM |
| Dr Shyam Prasad Mukerjee Garden | 1.52 KM |
| Raja Mantri Udyan | 2.18 KM |
| Sant Dnyaneshwar Udyan | 2.49 KM |
| Rahul Park | 2.58 KM |
| Dnyanesh Society Ground | 2.66 KM |
| Shopping Malls Near by Karve Nagar | |
|---|---|
| City Pride | 0.90 KM |
| Revolution Mall | 0.91 KM |
| Jva Mall | 1.01 KM |
| Geetai Shopping Mall | 2.04 KM |
| Mithai Mall | 2.09 KM |
| Reliance Mall | 2.09 KM |
| Acer Mall | 2.17 KM |
| Om Mangal Mart | 2.58 KM |
| Hyper Market | 2.69 KM |
| Pune Central Mall | 2.94 KM |
| Post Offices Near by Karve Nagar | |
|---|---|
| Karvenagar Sub Post Office | 0.57 KM |
| Navsahyadri Sub Post Office | 1.18 KM |
| Kothrud Post Office | 1.25 KM |
| Kothrud Sub Post Office | 1.26 KM |
| Ex.serviceman Colony Sub Post Office | 2.18 KM |
| Film Institute Sub Post Office | 2.58 KM |
| Pranav Service Station | 2.71 KM |
| Warje Sub Post Office | 2.87 KM |
| A.r.shala Sub Post Office | 2.91 KM |
| Dr.b.a.chowk Sub Post Office | 3.01 KM |
| Colleges and Universities Near by Karve Nagar | |
|---|---|
| Marathwada Mitra Mandals College Of Engineering | 1.06 KM |
| Ayojan School Of Architecturer And Design | 2.42 KM |
| Dhondumama Sathe College | 2.73 KM |
| Matoshree Institute | 2.81 KM |
| Ignou Study Centre Law College Road Pune | 2.83 KM |
| Mes Abasaheb Garware College | 3.00 KM |
| Bharati Vidyapeeth Deemed University | 3.38 KM |
| Nbn Sinhgad Technical Institute Campus | 3.38 KM |
| Sir Parashurambhau College | 3.65 KM |
| Pune Distance Education | 3.71 KM |
| Office Parks Near by Karve Nagar | |
|---|---|
| The Business Hub | 0.55 KM |
| Gokhale Business Bay | 0.83 KM |
| International Business Hub | 1.27 KM |
| Keystone Business Hub | 1.48 KM |
| Pune Smart City Centre | 1.65 KM |
| Fourhum Center | 2.82 KM |
| Symphony It Park | 4.08 KM |
| Hirabaug Business Center | 4.12 KM |
| Vega Center Swargate | 4.63 KM |
| Kapil Zenith It Park | 5.08 KM |
Check Travel Time from Karve Nagar to Major Areas in Pune
Price Rates & Insights for Karve Nagar
Recent Registered Transactions in Karve Nagar
Property Demand & Supply in Karve Nagar, Pune
Properties for Sale in Karve Nagar, Pune
Properties for Rent in Karve Nagar, Pune
Localities in Karve Nagar, Pune
Explore Localities Nearby Karve Nagar, Pune
Top Builders in Karve Nagar, Pune
FAQs
Q: Is Karve Nagar a good area to live in Pune?
Yes, Karve Nagar is considered a good residential area in Pune. It has an overall rating of 4.1 out of 5 based on 70 reviews. People like the locality for its comfortable living environment and smooth connectivity.
Q: What is the average property price in Karve Nagar, Pune?
The average property price in Karve Nagar is around ₹18,950 per sq ft. Prices usually range between ₹₹ 33 Lakhs to 4.9 Crore depending on the project, exact location, and available amenities.
Q: What is the average rent in Karve Nagar, Pune?
The average rental price in Karve Nagar is approximately ₹33 per sq ft. Rent generally falls between ₹₹ 5.5 Thousand to 63 Thousand based on the property size and configuration.
Q: What is the PIN code of Karve Nagar, Pune?
The PIN code for Karve Nagar is 411052. It is commonly used for courier services, deliveries, and official address purposes.
Q: What types of properties are available in Karve Nagar, Pune?
In Karve Nagar, you can find property options such as Apartment, Independent House, Office Space. Configurations like 1 BHK,2 BHK,3 BHK are available for both purchase and rental.
Q: How many properties are available for sale and rent in Karve Nagar, Pune?
Currently, around 59 properties are listed for sale and 228 properties are available for rent in Karve Nagar.
Q: How is the connectivity in Karve Nagar, Pune?
Karve Nagar enjoys good connectivity to key parts of the city.
Q: Which areas are close to Karve Nagar in Pune?
Nearby localities include Dahanukar Colony, Anand Nagar, Paschimanagri, Happy Colony, Hingne Khurd. These areas are well-connected and convenient for daily commuting.
Q: Are there schools, hospitals, and malls near Karve Nagar, Pune?
Yes, several schools such as GR Palkar Primary School, Ganesh Nagar, Karve Institute Of Social Service, Karve Nagar, Millennium National School And Junior College, Karve Nagar, Millennium National School, Karve Nagar, House Of Success, Karve Nagar, hospitals like Sahawas Hospital, Karve Nagar, Srujan Maternity And Nursing Home, Karve Nagar, Bhagirathi Childrens Hospital, Karve Nagar, Bhagirathi Mulanche Hospital, Ganesh Nagar, Shashwat Hospital, Karve Nagar, and malls including City Pride, Kothrud, Revolution Mall, Kothrud, JVA Mall, Karve Nagar, Geetai Shopping Mall, Kothrud, Mithai Mall, Kothrud are located close to Karve Nagar.
Q: What is the current development status of Karve Nagar, Pune?
Karve Nagar currently has 10 ready-to-move projects, 6 projects under development, and 10 newly launched projects.
Q: What do residents like and dislike about Karve Nagar, Pune?
Residents appreciate aspects such as Reputed Schools or Hospitals in the Vicinity, Near Metro or Good Public Transport, Plenty of Shopping & Entertainment Options Nearby, Lots of Green Areas & Parks. However, some people have concerns about Decaying or Broken Roads, Water Logging & Sewage Disposal Problems, Remote or Far Flung from City Centre, Crime Prone with Blind Spots, based on 70 ratings and reviews.