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- Karve Nagar
Karve Nagar, Pune
Pune West, 411052
- 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 | 0.56 KM |
| Karve Institute Of Social Service | 0.97 KM |
| House Of Success | 1.02 KM |
| Silver Crest School | 1.08 KM |
| Millennium National School And Junior College | 1.10 KM |
| Millennium National School | 1.11 KM |
| Alan Tilak Karate School | 1.32 KM |
| Sanu Patel High School | 1.34 KM |
| Sanskar School | 1.35 KM |
| Pragati Vidyalaya | 1.48 KM |
| Hospitals Near by Karve Nagar | |
|---|---|
| Bhagirathi Childrens Hospital | 0.73 KM |
| Bhagirathi Mulanche Hospital | 0.74 KM |
| Sahawas Hospital | 0.79 KM |
| Srujan Maternity And Nursing Home | 0.82 KM |
| Chinchanikar Hospital | 1.02 KM |
| Shashwat Hospital | 1.03 KM |
| Shaswat Hospital | 1.05 KM |
| Prachiti Hospital | 1.10 KM |
| Gems Hospital | 1.10 KM |
| Madhukar General Hospital | 1.13 KM |
| Hotels Near by Karve Nagar | |
|---|---|
| Rudra Residency | 0.62 KM |
| Hotel Sadanand Residency | 1.91 KM |
| Mathura Recidency | 3.13 KM |
| The Oakwood Hotel | 3.88 KM |
| Hotel Ravikant | 4.03 KM |
| Hotel Pranav | 4.33 KM |
| Hotel Viva Inn | 4.55 KM |
| Hotel Sayba Inn | 4.94 KM |
| Hotel Tiranga Residency | 5.08 KM |
| Hotel Galaxy | 5.69 KM |
| ATMs Near by Karve Nagar | |
|---|---|
| Federal Bank | 0.14 KM |
| Indusind Bank | 0.57 KM |
| Canara Bank | 0.63 KM |
| Kotak Mahindra Bank | 0.68 KM |
| Axis Bank | 0.75 KM |
| Yes Bank | 0.84 KM |
| Axis Bank | 0.92 KM |
| Icici Bank | 0.93 KM |
| Canara Bank | 0.97 KM |
| Kotak Mahindra Bank | 0.99 KM |
| Banks Near by Karve Nagar | |
|---|---|
| Idfc First Bank | 0.35 KM |
| Dharampeth Mahila Sahakari Bank | 0.36 KM |
| Indusland Bank | 0.36 KM |
| Svc Co Operative Bank Ltd | 0.36 KM |
| Icici Bank | 0.37 KM |
| Pune People Co Op Bank Ltd | 0.38 KM |
| Suvarnayug Sahakari Bank Maryadit | 0.43 KM |
| Indian Bank | 0.49 KM |
| Rural Cooperative Bank | 0.84 KM |
| Hdfc Bank | 1.05 KM |
| Parks Near by Karve Nagar | |
|---|---|
| Sahwas Garden | 0.75 KM |
| Martyr Major Tathawade Park | 0.89 KM |
| Vamanroa Garden | 1.24 KM |
| Dr Shyam Prasad Mukerjee Garden | 1.67 KM |
| Tatyasaheb Thorat Udyan | 1.67 KM |
| Thorat Garden | 1.70 KM |
| Vadgoan Jogging Park | 2.36 KM |
| Raja Mantri Udyan | 2.37 KM |
| Dnyanesh Society Ground | 2.64 KM |
| Subhadra Prabhakar Barate Garden | 2.64 KM |
| Shopping Malls Near by Karve Nagar | |
|---|---|
| Jva Mall | 1.00 KM |
| Revolution Mall | 1.22 KM |
| City Pride | 1.23 KM |
| Reliance Mall | 2.26 KM |
| Geetai Shopping Mall | 2.40 KM |
| Acer Mall | 2.41 KM |
| Mithai Mall | 2.47 KM |
| Om Mangal Mart | 2.65 KM |
| Hyper Market | 2.82 KM |
| Abhiruchi Mall | 2.88 KM |
| Post Offices Near by Karve Nagar | |
|---|---|
| Karvenagar Sub Post Office | 0.51 KM |
| Navsahyadri Sub Post Office | 1.19 KM |
| Kothrud Post Office | 1.62 KM |
| Kothrud Sub Post Office | 1.63 KM |
| Pranav Service Station | 2.37 KM |
| Ex.serviceman Colony Sub Post Office | 2.53 KM |
| Warje Sub Post Office | 2.80 KM |
| Film Institute Sub Post Office | 2.86 KM |
| Dr.b.a.chowk Sub Post Office | 2.95 KM |
| A.r.shala Sub Post Office | 3.10 KM |
| Colleges and Universities Near by Karve Nagar | |
|---|---|
| Marathwada Mitra Mandals College Of Engineering | 1.22 KM |
| Ayojan School Of Architecturer And Design | 2.62 KM |
| Dhondumama Sathe College | 2.90 KM |
| Matoshree Institute | 2.96 KM |
| Nbn Sinhgad Technical Institute Campus | 3.01 KM |
| Ignou Study Centre Law College Road Pune | 3.12 KM |
| Mes Abasaheb Garware College | 3.18 KM |
| Swaraj College Of Commerce And Computer Studies | 3.39 KM |
| Bharati Vidyapeeth Deemed University | 3.52 KM |
| Sir Parashurambhau College | 3.71 KM |
| Office Parks Near by Karve Nagar | |
|---|---|
| The Business Hub | 0.87 KM |
| Gokhale Business Bay | 1.16 KM |
| Pune Smart City Centre | 1.60 KM |
| International Business Hub | 1.64 KM |
| Keystone Business Hub | 1.84 KM |
| Fourhum Center | 2.97 KM |
| Symphony It Park | 3.87 KM |
| Hirabaug Business Center | 4.12 KM |
| Vega Center Swargate | 4.57 KM |
| Kapil Zenith It Park | 5.37 KM |
Check Travel Time from Karve Nagar to Major Areas in Pune
Price Rates & Insights for Karve Nagar
Property Demand & Supply in Karve Nagar, Pune
Properties for Sale in Karve Nagar, Pune
Properties for Rent in Karve Nagar, Pune
Explore Localities Nearby Karve Nagar, Pune
FAQs
Q: What is Karvenagar, Pune, famous for?
Karvenagar, Pune, is known for its stretch along the Mutha River, nearby educational institutes such as MIT World Peace University and Cummins College, and its association with social reformer Dhondo Keshav Karve, after whom the area is named.
Q: Which part of Pune is Karvenagar in?
Karvenagar is located in the western part of Pune in Maharashtra. It sits between central city areas and the Mumbai–Pune bypass, giving it easy access to Deccan, Kothrud, Warje, and other key neighbourhoods.
Q: Is Karvenagar costly?
Karvenagar is a mid to upper mid-range locality in terms of property pricing. The average rate is around ₹16,850/Sq. Ft., with most transactions closing in the ₹15K/Sq. Ft. to ₹19K/Sq. Ft. bracket depending on project age, location on the main road, and amenities.
Q: What is the PIN code of Karvenagar, Pune?
The PIN code of Karvenagar, Pune, is 411052. This code is used for postal, delivery, and address verification purposes in the locality.
Q: Is Karvenagar a good place to live?
Karvenagar is considered a comfortable residential area for families, students, and working professionals. A livability rating of 4.1 reflects good access to schools, colleges, shops, and daily services, although residents frequently report traffic congestion and limited parking in busier pockets.