Navi Peth, Pune

nevi peth is an affluent locality that is situated in the central part of Pune. it is a posh locality with ample luxurious living residences. the locality does justice to its name as the facilities here are all modern. there are many premium properties located outside of this locality in its nearby areas like sadashiv peth, deccan gymkhana (1.24 km), shaniwar peth (1.84 km), erandwane (2.16 km) and swargate (2.66 km).

there is easy connectivity to other prominent cities like pune, pimpri-chinchwad, sasvad and talegaon dabhade. there is good connectivity to different places with great employment hubs like magarpatta city, symphony it park and Mundhwa Industrial Area. the locality is surrounded by greenery and has an array of facilities and amenities.

navi peth separates itself by the extensive choice of residences it offers, such as multi-story apartments, commercial office spaces and commercial shops. the locality is situated alongside the mutha river and enjoys being placed in a strategic location. the important lal bahadur shastri road passes through the edge of this locality and has a comprehensive reach.

key highlights

it is an upscale and posh locality.

surrounded by prominent localities in the city.

whats great?

the locality is in proximity to hospitals and educational institutions.

well-planned houses that have state of the art facilities.

whats not great?

faces the problem of heavy traffic on the roads during peak hours.

Watch out for?

the rates of the properties in this locality are pretty upscale and have a high demand. you can choose properties by prominent builders like alliance group, archway properties, manas sarovar constructions, naiknavare housing and asha infra. the neighbourhood is relatively calm and serene. it is a safe place to live for families with young kids. the key element that adds up to the attractiveness of the locality is the greenery that the residents experience.

social infrastructure

the locality does not face any water scarcity or power cuts because of the modern infrastructure that the locality possesses. there are well-constructed roads that have an expansive reach to other important places within the city.

shopping complex & markets

the locality has some great places to shop within the locality or in proximity. it has easy availability to essentials.

•          manikbaug flea market

•          balaji market

•          sohan super market

•          alankar mini market

•          om super market

•          sanjay super market

•          bizzyland market

health care centers

you will find some of the best health care centres in this locality.

•          poona hospital and research centre

•          bhide hospital

•          colony nursing home

•          apex super speciality hospital

•          paranjape maternity hospital

•          chandrama clinic and nursing home

•          ashwin hospital and endoscopy centre

connectivity & public transport

•          the nearest railway stations are shivaji nagar railway station (4.2 km) and pune railway station (5.5 km).

•          the lal bahadur shastri road and anant kanhere path are the two key roads that help you connect to other parts of the city easily.

•          there are ample other local transit options like auto-rickshaws and buses. the frequency of buses is quite good.

schools, bank & fitness centers

schools:

•          dharmveer sambhaji school

•          sanyukta stree sansthans english medium school

•          sri sri ravishankar bal mandir

•          vasanthrao vaidya primary vidyalay

•          scholar academy

•          mrs kumudben madanbhai sura nursing school

banks:

•          union bank of india

•          vidya sahakari bank

•          bank of maharashtra

•          icici bank

•          bank of india

•          state bank of india

•          hdfc bank

atms

•          axis bank atm

•          tata indicash atm

•          icici bank atm

•          hdfc bank atm

•          union bank of india atm

•          bank of india atm

fitness centers:

•          wellness forever gym

•          vfit fitness and athletics

•          fuel fitness club

•          sammy fitness studio

popular landmarks near locality:

sachin tendulkar jogging park is a famous park close to navi peth.

the pune municipal corporation office is located in this locality.

the mhatre bridge at the corner of the locality is an important landmark in this locality.

capital and rental trends

the locality has many residential properties which are either resale, under construction or ready to move in available for sale. you will find 3 bhk properties for sale in the price range of rs 1.69 crores to rs 2.50 crores. a 1 bhk property for rent ranges in the price of rs 13,000 to rs 19,000.

scope of growth

the locality has ample scope of growth due to redevelopment projects. the prices in this locality start from rs 10,000 and can go up to rs 15,142 per square foot.

investment opportunities

investing or selling a property in this locality is beneficial at the moment. the average rate of a multi-story apartment is approximately rs 9,821 per square foot.