Manik Baug, Pune

manik baug is a neighborhood in anand nagar located in Punes southwestern part. manik baug pune has developed into a plush locality due to its closeness to bengaluru-mumbai highway. the availability of good infrastructure and amenities have contributed to the growth of the neighborhood as well. it is well-connected to the nearby neighborhoods of tukai nagar, charwad nagar, hingne khurd and shanti nagar.

the locality has a mix of commercial shops and multistorey apartments. some of the prime residential projects in the area are mittal sun paradise, mohite township, mittal sun paradise-1, shivsagar society and amol apartment. the neighborhood has a good social infrastructure with reputed educational institutions, hospitals and shopping malls are nearby. some of the renowned schools in the area are that of aryans world school-warje, and sinhgad technical education society. deoyani multi speciality hospital is available in the neighborhood within 4 km.

38% of the saleable properties in the locality lies within the price range of rs. 20lacs and rs.40 lacs. 2bhk is the most widely available multistorey apartments in the locality and comprise of 69% of the total saleable properties. sumeru buildcon pvt ltd and mahest builder are some of the esteemed real estate builders in the locality.

key highlights

the manik baug has good connectivity with all neighborhoods in pune.

a mix of commercial shops and multistorey apartments are available.

reputed educational institutions such as mkssss cummins college of engineering for women-pune and sinhgad spring dale public schools are nearby.

whats great?

good connectivity with the nanded city township symphony it park

renowned hospitals such as global hospital & research institute pune, deoyani multi speciality hospital and vinayak laproscopy hospital are available nearby.

whats not great?

limited parking space.

Watch out for?

the upcoming project of shivsagar city 1 by sable associates, which would be one of the popular residential projects in anand nagar, pune. it would have thoughtfully designed 16 towers and 474 residences.

under construction: possession of 2bhk,3bhk and 5bhk apartments will begin in the upscale residential project of venkatesh skydale phase 1. the project has all the modern amenities such as childrens play area, small party lawn, cafeteria, mini football court etc.

social infrastructure

the manik baug has good connectivity with the rest of pune city via the sinhgad road as well as mumbai pune bypass highway. the pune railway station is located at a distance of 11 km from the locality. the Pune international Airport is at a distance of 17km and is easily accessible via the narveer tanaji malusare road.

shopping complex & markets

*kotkar varieties: pradnya apt, kandge park, sinhgad rd, behind hotel malhar, manik baug, pune, 51

*abhiruchi mall & multiplex: s.no.59, 1c, sinhgad rd, bhide baug, wadgaon budruk, vadgaon budruk, pune, maharashtra 411041

*kakde plaza: 19-1-bb, warje malwadi rd, karve nagar, pune, maharashtra 411052

*vijay super market: hingane home colony, warje, pune, maharashtra 411058

health care centers

*shree vishwayu ayurvedic clinic & panchakarma center  ayurvedic clinic in sinhagad road |, parvati heights, sinhgad rd, manik baug, pune, maharashtra 411051

*dr bhalchandra kalmegh, 2nd floor, chintamani complex, anand nagar, sinhgad road

*pro-life clinic, dhanalaxmi society, mahaveer nagar, vadgaon, dhayari, pune,

*fharande eye hospital, flat no-1st floor, anant apartment, sinhgad road, anand nagar, pune, maharashtra

*homeopathy hub - the advanced homeopathic clinic, 1st floor, kisankunj app, sinhgad rd, manik baug, anand nagar, pune, maharashtra

connectivity & public transport

*pune junction railway station and shivajinagar railway station are the close-by railway stations to the manik baug locality.

*buses ply from the manik baug neighborhood to different areas across pune. some of the local bus stops in the manik baug neighborhood are indian hume pipe company and fun time.

schools, bank & fitness centers

schools:

*city world school: sinhgad road, rukmini bungalow, beside mc donalds, manikbaug, sinhgad rd, pune,

*versatile school: narveer tanaji malusare rd, manik baug.

*p. jog english & marathi medium school: uma housing society, niranjan park, anand nagar, pune, maharashtra 411051

*smart champs international preschool: brahma garden rd, samarth park, anand nagar, pune, maharashtra

*abhinav shishumandir and abhinav vigyaniketan: sinhagad road, samarth park, vadagaon badruk, samarth park - brahma garden rd, samarth park, anand nagar, pune.

banks:

*tjsb sahakari bank ltd, bhargav house, shree sadguru gruh rachana maryadit pune, sinhgad rd,

*pune merchants co-op bank, dhanalaxmi society, varshanand society, anand nagar

*icici bank sinhagad road, pune-branch, shop no. 5 to 10, ganga bhagyoday, sinhagad road,

*bank of baroda, narveer tanaji malusare rd, niranjan park,

*union bank, ganesh complex, manik baug, anand nagar, p

nearby atms for all prominent banks:

*axis bank atm

*janaseva sahakari bank atm

*state bank of india atm

*kotak bank atm

fitness centers:

*janorkars gym, 2nd floor, popular hotel & the *green roof, sinhgad rd, manik baug

*nitro gym - sinhgad rd, above mcdonalds, manik baug, anand nagar, pune

popular landmarks near locality:

*readers corner library and reading room: ganesh complex, manik baug, vadgaon budruk, sinhagad road, pune, ahmednagar district.

*parvati hill: 143/4 nana saheb peshwa road, parvati gaon

shaniwar wada: shaniwar peth, pune

capital and rental trends

*the neighborhood has observed a decrease in the property prices by 9.6% from oct-dec20 quarter to jan-march21 quarter.

*for the capital trends, the 38% of the saleable properties in manik baug lies within the price range of 20lac - 40lac. the average price/sq/ft. of property in the locality is rs. 6,486. the price of 2bhks in the locality lies within the price range of rs. 28 lacs and rs. 83 lacs.

*for the rental trends, the average price of renting apartments in the locality is rs. 14, 823. the price of renting 2bhks in the locality lies within the price range of rs. 9,000 and rs. 12,000.

scope of growth

manik baug ranks high on the livability index based on the parameters of connectivity and school and average on the traffic and parking parameters.

investment opportunities

factoring in the price trend analysis, buying and selling 2bhks is profitable. buying a 2bhk apartment would be a good investment decision.