Total Projects: 173
South Pune is primarily a residential zone. Demand for property in Pune South has grown hugely in recent times with great connectivity to the MG Road, Magarpatta IT hub, Pune railway station and Camp. Areas like Pisoli, Mohammadwadi and Undri are coveted residential destinations which are well connected to almost all major areas in the city. Ambegaon and Warje are major affordable housing micro markets in this belt and also offer great connectivity to the Hinjewadi IT hub and Mumbai-Pune Expressway. There are several other desirable residential zones including Wanowrie, Katraj, NIMB and Kondhwa among others.
Pune South boasts of impeccable planning, availability of vast land parcels and several reputed educational institutions. Leading developers like Goel Ganga, D.S.K, Salarpuria, Clover, Mittal Group, Amit Enterprises, Marvel and Kolte Patil have come up with big ticket projects in the region along with biggies like Tata Housing and Godrej. South Pune has earned a reputation for decent property appreciation and considerably higher rental yields for investors. The proposed metro network from south to north is a project that will boost connectivity and housing demand further in addition to the proposed Ring Road.
South Pune offers mid-range and luxury projects in abundance with several villa projects along with residential apartment enclaves. Developers in locations like Sinhgad Road offer huge space and unrestricted views as their USPs in case of high end projects. Kondhwa, Undri and NIBM are major locations where luxury and super luxury housing projects are taking root. Katraj is another favored destination for its proximity to the Pune railway station, several Central Pune locations and Swargate. The Pune Municipal Transport bus network is easily accessible throughout the area. The National Highway 9 is easily accessible from Undri while Hadapsar is accessible through the Mohammadwadi Road and Hadapsar-Katraj Bypass Road.
The Pune Airport lies just 12 kilometres away from Undri while leading educational institutions like Vibgyor High International School, Euro School, Delhi Public School and the Trinity School are present along this stretch. The Royal Heritage Mall, Inox, Amanora Town Centre and leading hospitals like the HV Desai Eye Hospital and Ruby Hall Hospital are also located in the zone. Property prices have gone up by approximately 0.92% in South Pune as per Q3 2015 while average property prices range between INR 3,619-5,983 per sq. ft. as per the same period. Popular projects include Godrej Horizon, Kolte Patil Three Jewels and Godrej Prana to name a few. With good connectivity and social infrastructure as major calling cards, South Pune should witness rising property prices and demand in tandem over the next few years.
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