Magarpatta City, Pune

magarpatta city is a well-established locality in Pune. it is a 450-acre planned area, privately owned gated community in the hadapsar area of pune. it is a blend of commercial areas, residential areas, hospitals with specialization in different fields, schools, gyms. banks and shopping malls.  the locality has a significant amount of greenery which is pleasant to experience.

tower s4, kad wasti, magarpatta, kirtane baugh, hadapsar are the nearby localities to magarpatta city, and pune, pimpri-chinchwad, saswad, Talegaon Dabhade are the nearby cities here. the buildings here are well developed by some prominent realtors such as kwality world developers, pawar and magar infrastructures, mahalaxmi developers pvt ltd, landmark development, a.s.s developers, vishal group, and tupe developers. 

apartments occupy 83% of the real estate in the area, 5% by commercial shops, 5% by commercial office spaces 7% by residential plots. the starting rate of properties in the area is rs 2,907 and can go up to rs 16,667 per square foot. the most common room configuration in this locality is 3 bhk which is 37% out of all the apartments. some of the new residential project clusters are daffodils, grevillea, heliconia, cosmos, iris, roystonea, sylvania, and trillium.

key highlights

• there are new as well as old buildings for different income groups.
• this area has won the best residential property in india award.

whats great?

• various residential clusters for different needs and budgets are available here.
• presence of major companies like datafortune software solutions pvt ltd, accenture, deutsche bank, sas, and amdocs.
• located in the heart of the city with excellent connectivity.

whats not great?

• traffic congestion during peak hours.
• pollution due to a lot of traffic.

Watch out for?

multi-story apartments near the destination center, a commercial complex in magarpatta city, share proximity to roadways very well, and the hadapsar railway station is very close. the locality here is very posh and clean and an ideal place to habituate with tranquil residences.

property price rising factor

short term

• extremely close to it hubs.
• this area serves excellent connectivity via rail and roadway.
• top-of-the-line amenities are available.

long term

• the area is continuously developing itself with newer housing societies.
• phase i of pune metro.

other highlights

social infrastructure

the locality has many towers and buildings with spectacular amenities. aditi garden is a very famous park situated here, spread across a 25-acre circular area in a gated community and features a walkway with trees surrounding the area. all the facilities, right from small shops to world-famous brands, are located here. there is a choice of a plethora of amenities in this area.

shopping complex & markets

• seasons mall
• lifestyles stores
• amanora mall
• aks shopping mall
• kd goyal shopping center

health care centres

• midpoint hospital
• annasaheb magar hospital
• villa poonawalla memorial hospital
• pro-life clinic 
• gupte hospital

connectivity & public transport

• kharadi bypass and national highway 85 are the main roads that connect the area to the rest of the city.
• the nearest railway station is hadapsar railway station which is 3 km away from here, followed by ghorpuri railway station, which is about 5.8 km away.
• the frequency of buses running in the area is pretty good. the nearest bus stops are magarpatta city, bapusaheb magar wasti, and magarpatta school.

schools, banks and fitness centres

schools in this area:

• orchids the international school
• vibgyor high school
• vidya pratishthans magarpatta city, public school
• mentor international school
• billabong high international school

banks in the area:

• rbl bank
• axis bank
• icici bank
• state bank of india
• canara bank
• punjab national bank

nearby atms for all prominent banks:

• icici bank atm
• citi bank atm
• indusind bank atm
• axis bank atm
• hdfc bank atm

fitness centres:

• city point fitness
• raw 7 fitness gym magarpatta
• golds gym
• the workout studio

popular landmarks near locality

• raskar chowk
• zero stone
• sushila pardeshi chowk

micro market analysis

capital and rental trends

• 17% of the properties for sale are in the range of rs 80 lakhs to rs 1 crore, 12% properties are in the range of rs 1crore to rs 1.2 crores, and 60% properties in the range of rs 1.2 crores to rs 1.4 crores.
• 22% of the rental properties are in the price range of rs 15k to rs 20k, 21% in the range of rs 20k to rs 25k, and 13% in the range of rs 25k to rs 30k.

scope of growth

there has been significant growth in this locality since the past year by 1.2% despite the pandemic. continuous efforts are being made to improve the social and civic infrastructure. 

investment opportunities

the average rate of a multi-story apartment in magarpatta city is rs 8,389 per square foot. price trends show that the locality rates are increasing, so it is recommended to buy and sell properties in this locality will be profitable.