Q✅ What is the total number of Projects in Dattawadi Pune available for sale in new projects category at Squareyards.com?There are a total of 1 number of Projects available for sale in Dattawadi Pune at Squareyards.com in new projects category.
Total Projects: 1
Dattawadi is a big and important locality in the south western part of Pune. It is one of the fastest developing localities and is quite close to the central part of Pune thus making it well connected to other parts of Pune. Its location and connectivity is what attracts investors in the various housing properties that are available here. 1 BHK and 2 BHK is the most common housing configuration in this locality and the properties are a bit expensive because of the strong social infrastructure and good connectivity. The Narveer Tanhaji Malusare Road road passes through this locality and splits it into 2 parts. The road connects it to Lal Bahadur Shashtri Marg which in turn connects the locality to the central part of Pune.
Some of the surrounding localities are Apate colony in the southern side, Parvati Paytha in the eastern side, Karve Nagar in the western side and Sadashiv Peth in the northern side. The locality has all necessities, be it schools, parks, hospitals, markets, etc that a resident can desire for in a locality. On one side of the locality which is split by the Tanhaji Malusare road is the Pune-Okayama Friendship Garden which is one of the most famous eco parks of Pune.
The beautiful Mughal Gardens are in the premises of this locality and so is the Pune-Okayama Garden.
There are several popular hospitals in the locality, where people from all over Pune come for treatment.
The Parvati Industrial Estate which is a renowned employment hub is just 3 km away from the locality and the Parvati Water Treatment Plant is a part of the locality.
The locality has good connectivity to other prominent areas of Pune.
The Pune airport is 15 km away while the Pune railway station is just 7 km away.
The locality is well connected to the Mumbai-Pune Expressway and Dattawadi is one of the fastest growing localities and is in contention for competing with all other posh localities of Pune in terms of infrastructure.
What’s Not Great?
The price of property in this locality is a bit on the upper end, while there are some budget friendly options too, but they are quite limited.
The parking space in the locality is not that great, especially for visitors and the roads within the locality are narrow as per apart from the main road.
Watch out for:
Rush and traffic congested main road due to lots of visitors to the Mughal Gardens and the Pune-Okayama Garden.
Limited budget friendly houses make it difficult to acquire such properties, but getting a property at a low price in this locality would help an investor gain lots of properties as it is a rapidly growing locality.
Property rate rising factors:
Short term- The short term factor could be the presence of several hospitals and the famous gardens within the locality that attract a lot of property investors.
Long term- The long term factor could be the rapid expansion of the city and its connectivity to different parts of the city as well as to the Mumbai-Pune Expressway.
The location of Dattawadi is one of the key factors for its strong social infrastructure. Malls, shopping areas, gardens, hospitals, schools, temples, etc. are all available in close proximity for residents.
Shopping complex and markets
There are small shops spread throughout the locality for ease of the residents to get their daily requirements. The famous SGS mall and Pavillion mall are at a distance if 6km and 7 km respectively.
The locality is famous for renowned hospitals in the area and is one of the key factors for the popularity and demand of a property in this locality. Some of the healthcare centres in this area are-
Deenanath Mangeshkar Hospital
Poona hospital and research centre
Connectivity and Public transport
Dattawadi is well connected to all prominent places of Pune and the public transport facilities are good, be it bus services, taxis or autos. The locality is well connected to the Mumbai-Pune Expressway.
Schools, Banks and Fitness Centres
The City International School on Satara Road, Muktangan English School and Ferguson College are the important educational institutions around the locality. State Bank of India and Cosmos bank are few of the many banks that provide their services in this locality and Multifit Sinhgad road, Fitline Gym are some of the famous fitness centres of this locality.
The Pune-Okayama Garden and Srikrrushan Mitra Mandal office are some of the landmarks in the locality that help the residents as well as the visitors get an idea of where they are in the area and thus guide them to their destination.
Micro Market Analysis:
Capital and rental trends- There is variety in terms of the price range of properties in this locality although the low priced ones are difficult to find nowadays as the locality is one of the fastest developing localities in Pune. The price of a 2 BHK house ranges between INR 30 lakhs to 1.1 Crore while the rent for the same ranges between INR 5,000 to 22,000.
Scope of Growth- The locality has immense scope of growth and it is already tapping into hat potential as it is considered as one of the fastest growing localities in Pune. The presence of the famous gardens and its location also make it an attraction for investors.
Investment opportunities- The prices are already on the rise in this locality and new projects are being filled at a rapid rate as well. A few years back would have been the best time to invest in a property in this area, but fortunately, its not too late, as the prices are likely to go further up for a few more years.