Airport Road, Pune

airport road in Pune is a busy suburb near Pune international Airport. there are a lot of retail and residential establishments along the road. yerawada airport road, nagar road, vishrant wadi, and shastri nagar are the surrounding areas. business hubs like viman nagar, yerawada, kalyan nagar, and commerzone it park are in proximity to the locality. the locality has exquisite aesthetics. the locality is a developing suburb, and the presence of prominent realtors like goel ganga developments, mittal brothers, kolte patil developers is an advantage to the locality.

excellent transport facilities are available in the locality. pune international airport is 2kms from here. pune railway station is 10kms from here. the area has extensive bus connectivity to other parts of the city from yerwada post office bus station, bsnl office bus station, and nagpur chawl bus station. nagar road, golf club road, and lohegaon road connect the locality to the corresponding areas. 

the locality is rated well by the residents regarding service availability. in terms of livability parameters such as roads, parking space, safety, and neighbourhood. la tierra, hermes heritage 2, uttam townscapes phase 3, kolte patil dew drops are the top residential societies of the locality, to name a few. 20% of the properties for sale in the area range from 20 lakhs-40 lakhs. 26% of the assets for sale are in the price band of 60lakhs-80 lakhs. 2bhk is the most common configuration as these constitute 43% of the properties up for sale. 80% of the properties posted on real estate integrator platforms are multi storey residential apartments.

key highlights

• excellent connectivity with other areas of pune by nagar road, lohegaon road. 
• pune railway station is 10kms from here, and pune international airport is just 2kms from here. 
• exotica, skyjumper trampoline park, dr. salim ali bio-diversity park are some recreational facilities close by.

whats great?

• a few premium properties from goel ganga group, hermes heritage, uttam townscapes, and park island add luxury to the area
• pune international airport is 2kms from the area. 
• all central banks like axis bank, hdfc bank, icici bank, idfc first bank, and sbi are nearby.
• schools, colleges, malls, luxury hotels, hospitals, gyms, theatres are in proximity. 

whats not great?

• road traffic during peak hours due to many connecting roads

Watch out for?

• proximity to the employment hubs, government offices, and it parks
• there are a lot of parks nearby

property price rising factor

short term

• very close to pune international airport 
• the locality is well established with a mix of affordable and top-class properties. buying a well-priced property is recommended as it could have resale potential. 

long term

• nearby office spaces at viman nagar, vishrantwadi area, will add to the areas prospects.

other highlights

social infrastructure

airport road has an excellent social infrastructure like roads and shops. schools, colleges, recreational avenues, parks, malls, hospitals are present here. 

shopping complex & markets

• local convenience stores
• phoenix marketcity- viman nagar
• creaticity
• amanora mall

health care centers

• sai childrens clinic
• sahyadri super-speciality hospital: nagar road
• shree hospital
• petals hospital

connectivity & public transport

vishrantwadi bus station is 4.3kms from the locality. viman nagar bus stand and yerwada bus stand are nearby.

schools, bank & fitness centers

schools in this area:

• rosary school
• metro kids pre school
• olympia national  school
• pune international school

banks in the area:

• state bank of india
• hdfc bank
• kotak mahindra  bank
• icici bank
• axis bank

nearby atms for all prominent banks:

• sbi atm
• hdfc atm
• axis bank
• kotak mahindra bank
• idfc first bank

fitness centers:

• empower fitness & gym
• firstfitt
• ganga fitness centre

popular landmarks near locality

• joggers park, dr. salim ali biodiversity park, osho theerth park, creaticity are nearby attractions

micro market analysis

capital and rental trends

• in the locality, the average price per sq.ft in an apartment is rs. 6884. the highest price per sq. ft. is rs. 8414, and the lowest price per sq. ft. is rs. 5354.
• 31% of the properties put on rent are in the range of rs. 10000-15000 while 21% are in the range of rs. 20000- 25000. 69% of the properties up for rent are apartments
• there is a 2% decline in price per sq. ft. across all types of properties in quarter-on-quarter comparison.
• most of the properties listed on property aggregating websites are ready-to-move-in apartments or upcoming properties with possession scheduled in 2021 & 2022.

scope of growth

• airport road has excellent road connectivity. retail spaces and residential apartments from prominent players and well-established social infrastructure make the place well-positioned for future developments. 

investment opportunities

• the price per sq. ft. is well-priced and the trend suggests holding possession in an upcoming venture. it is advised to buy 2 bhk. as many as 302 properties are for sale. 22 ready to move projects are available.