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Midc, Pune

Midc, Pune
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Buy: ₹ 33 L - ₹ 45 L
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About Midc, Pune

midc, Pune is a locality of pune. pune itself is one of the fastest-growing cities in india. midc is one of the most sought-after locations for real estate in pune, located within the wider pimpri-chinchwad area. the pin-code of this area is 412220. 

the area is flanked by multiple points, which define the contour of its boundaries. to the north-west is the nigdi flyover. to its north is the bird valley udyan and to the north-east is the rto of pimpri-chinchwad. the east side is bracketed by the area of bhosari and the kasarwadi rto centre. pimpri colony makes an encroach from the south-west. 

the main types of residential properties are 2bhk and 3bhk, with the former dominating up to two-third of the available properties. prices of these properties are also very reasonable, with half of them priced below 20 lakh inr. balance one-third are in the 40-60 lakh bracket and the other properties above 1 crore inr. this area has a good mix of commercial properties and makes up nearly one-fourth of all available real estate. the rest is evenly divided between residential plots and apartments. 

key highlights

  • excellent location for those interested in intellectual stimulation and entertainment with the area surrounded by theatres, science parks, stadiums and parks

  • it is located just beside the main mumbai pandharpur highway and train line.

  • a great mix of commercial and residential properties of all prices, matching everyones needs

whats great?

  • excellent avenues for a variety of outdoor activities, including exclusive activities such as rowing

  • there is a superb choice of cinema complexes and multiplexes.

  • some of the best healthcare providers in the city are in this area.

whats not great? 

  • it is located on the main road, and by the train-line, so, the area has noise pollution. 

  • the two main rtos are just outside the locality limits but very close by.

Watch out for?

  • though the bird valley udyan is at the corner of this locality and better known by the locals, within the area itself, there are some other good parks for people to visit:

    • bhosari garden

    • pcmc park

    • jyotiba phule udyan

    • babar garden

    • Pimpri Chinchwad krida udyan

property rising factor

short term

  • direct connectivity to mumbai

  • multiple railway stations across the area

long term

  • new commercial properties coming up, driving the value

  • newer plots are also available for sale.

other highlights

social infrastructure

this is a fabulous area to live and invest in. it has the right mix of entertainment and learning centres on one side and parks and natural spaces on the other. it also has shopping complexes nearby, along with health centres and hospitals. coupled with easy connectivity and commercial development, this is a great area to live in.

shopping complex & markets

  • elpro city square

  • spine city mall

  • city one mall

health care centers

  • sainath hospital

  • accord hospital

  • anand multispeciality hospital

  • yashwantrao chavan memorial hospital

  • esic hospital

  • sterling multispeciality hospital

  • ojas multispeciality hospital

connectivity & public transport

  • by rail – multiple railway stations connect the area. they are:

    • chinchwad junction

    • pimpri railway station

    • kasarwadi railway station

  • by road – directly connected by the mumbai pandharpur road.

schools, bank & fitness centers

  • schools

    • orchids, the international school

    • jyoti english medium school

    • poona public school

    • pcmc english medium school

    • shree lal bahadur shastri prathamik vidya mandir

    • tagore madhyamik vidyalaya

    • shantiratna vidyalaya

    • priyadarshani school

    • arise international school

  • banks

    • icici bank, bhosari

    • au small finance bank, pimpri

    • hdfc bank, bhosari

    • punjab national bank, anandrao lande road

    • corporation bank, midc

    • axis bank, thermax chowk

    • bank of baroda, bhosari

  • fitness centers

    • sai gym bhosari

    • perfect fitness gym, mahesh nagar road

    • fitness one health club, sant tukaram nagar

popular landmarks near locality

  • pimpri chinchwad science park

  • ramkrishna more natyagruha

  • bird valley udyan

  • carnival cinemas, moshi

  • carnival cinemas, chinchwad

  • major dhyanchand hockey stadium

  • international rowing channel and cme lake

micro market analysis

capital and rental trends

  • capital trends have risen dramatically over the last quarter. from jul-sep quarter in 2020 value of rs. 5820 per square foot, it grew in the oct-dec quarter in 2020 to a value of rs. 6017 per square feet. 

  • this is a qoq of 3.3% growth.

  • rental trends show about one-fourth each in rs.5000 and below rent per month bracket, 25 % in rs.5000 to rs.10000 per month bracket, another 25% in rs.10000 to rs. 15000 per month bracket, and again, remaining 25% in rs. 15000 per month and above range. 

scope of growth

the scope of growth in this area is vast, and it is also coming up in that way. there are excellent schools, including international schools, for children, great fitness centres and malls for adults. in addition, there are lots of big companies like bajaj, eaton, etc., which will draw a larger crowd there. all in all, it is a good market to invest in and buy. 

investment opportunities

this is an area ripe for investment. in residential properties, plots are available, and the main finished opportunities are in the form of apartments. though 3bhk are available, 2bhk are more in numbers. along with residential properties, there are many good commercial properties available as well.

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School Nearby Midc, Pune
  • Novel International School
  • Dheeraj International School
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  • Hotel The Fern Residency
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