Shubhlaksh Residency Wakad, Pune
About Shubhlaksh Residency, Wakad by Laxmi Construction
Shubhlaksh Residency Floor Plans and Pricing
2 BHK Apartment - 584 sq. ft. (Carpet Area)
Shubhlaksh Residency Price Trends and Market Insights
Price Trends
Shubhlaksh Residency's average asking price is rising quarter-on-quarter, compared with Wakad.
- Current asking price
- ₹ 10,700/sq.ft.
- Quarter over quarter price change
- +7.5% QoQ
Comparable Projects
Shubhlaksh Residency avg. price is ₹ 10.7 K/Sq.Ft. compared to Wakad at ₹ 12.4 K/Sq.Ft.
Rentals
Monthly Rent in Wakad ranges from ₹ 23.6 K to ₹ 60.8 K with options available for 1,2,3,4 BHK units
Recent Updates
Get the latest price and market updates for Shubhlaksh Residency.
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PMC Mandates Treated Water for Construction to Conserve Potable Supply
The Pune Municipal Corporation (PMC) has directed all developers to cease using potable water for construction activities and exclusively use treated water. This measure aims to address water scarcity concerns due to low dam levels, exacerbated by an El Niño year. Developers are urged to comply, with penal action threatened for defaulters.
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Rent in Shubhlaksh Residency ranges from ₹ 31 K to ₹ 37 K with options available for 2 BHK.
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During Q3'2026, average property prices for Shubhlaksh Residency moved from ₹ 9,950/sqft to ₹ 10,700/sqft, reflecting a 7.54% rise.
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During Q2'2026, average property prices for Shubhlaksh Residency moved from ₹ 9,750/sqft to ₹ 9,950/sqft, reflecting a 2.05% rise.
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During Q1'2026, average property prices for Shubhlaksh Residency moved from ₹ 9,550/sqft to ₹ 9,750/sqft, reflecting a 2.09% rise.
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Structural Works reach 80% completion. External Works has reached 80%. Internal finishing stands at 80%. MEP Services including lift and staircases, are now 80% done
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subhlaksh Residency, developed by Laxmi Construction Co, officially launched on 16-Aug-2017 and expected to complete by 26-Aug-2018. Registered under RERA No. P52100006890. with total area of 0.91 Acre.
Rental Listings in Shubhlaksh Residency
Explore rental listings currently available in Shubhlaksh Residency, Pune.
Master Plan, Photos, Videos & Brochure of Shubhlaksh Residency
Explore the master plan, project photos and walkthrough videos of Shubhlaksh Residency to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Master Plan 1
- Shubhlaksh Residency is located directly on a major national highway, offering excellent connectivity to key business hubs and airports. The property centers on a single residential structure surrounded by open areas and garden zones, making it highly practical for frequent travelers.
- Around 15%-25% of the plot is dedicated to green spaces, featuring a Landscaped Lawn, a Community Lawn, and a Peripheral Tree Plantation that create a natural buffer around the residential building.
- The open area covers 60%-70% of the plot, where a Gazebo Seating Area and a Seating Plaza provide dedicated outdoor spots for residents to relax and socialize outside.
- With 30%-40% of the plot built on, a large part of the site remains open to let fresh air and natural light reach every home. This spacing prevents a cramped feeling and gives residents breathing space around the main building.
- Direct access to the MumbaiBangalore Highway helps residents connect to major business districts and airports with minimal hassle. The site includes an Internal Driveway and Surface Parking to keep cars organized around the residential block.
- A Kids Play Area provides a dedicated outdoor space where children can play safely close to home.
- The single residential block of this area sits parallel to this road, maximizing exposure to the north.
- This central building block occupies a compact footprint, leaving the surrounding ground area open on all four sides.
- The long sides of the structure face directly north and south, which helps optimize natural daylight inside the apartments.
- Residents of this area can reach the shared outdoor spaces within a short walk from the central lobby.
- The main building exits lead directly to the rear garden zone, keeping walks short and safe from moving cars.
- Ground level pathways connect the residential block to the garden spaces without requiring residents to cross any major roads.
- Homes facing this road will experience more road noise but offer open views of the passing traffic.
- South-facing apartments look out over the quiet garden area, offering a more peaceful environment away from the main road.
- The building stands back from the highway, using the front paved area to reduce direct noise inside the homes.
- The single-block structure of this area ensures that no neighboring buildings block the wind or natural sunlight.
- Open space on all sides allows fresh air to circulate freely around the entire residential building.
- Residents enjoy unobstructed views of the surrounding green landscape, especially from the upper floors of the building.
- Walking paths at this area run along the outer edge of the property, keeping walkers separate from driving lanes.
- The paved ground level allows residents to walk comfortably from the main entrance to the rear garden.
- Clear paths around the building make it easy to stroll safely without worrying about reversing cars.
- The play and relaxation zones sit at the quiet rear of this area, far from the busy highway traffic.
- Flat, paved pathways make it easy for older residents using walking aids to move around the garden area safely.
- Parents can easily watch their children from the south-facing windows because the play space is located directly below.
- The main garden area at this area forms a continuous rectangular strip along the southern boundary of the plot.
- Small planted beds line the eastern and western edges, adding touches of nature to the paved driving areas.
- This concentrated green zone at the back provides a quiet natural retreat away from the paved front entrance.
- Cars enter this area directly from the main road, moving along a loop that circles the entire building.
- Parking slots are arranged along the side boundaries, keeping the central drive lanes clear for moving cars.
- The simple loop design prevents traffic jams by allowing cars to drive in and out without difficult turns.
- This area offers a highly efficient setup where residents can transition from highway travel to home life in minutes.
- The compact site plan minimizes maintenance costs while still providing essential outdoor spaces for fresh air and exercise.
- Having all outdoor play and garden areas grouped together at the back ensures a peaceful home environment despite the nearby highway.
Living here offers a straightforward, practical lifestyle focused on easy commuting and essential outdoor spaces. Working professionals who travel frequently will benefit most from the direct highway connection and the hassle-free parking setup. This project stands out because it combines a highly accessible roadside location with a quiet, dedicated garden space tucked safely at the rear of the property.
Download master plan of Shubhlaksh Residency to explore layout details in Wakad, Pune.
Amenities & Specifications of Shubhlaksh Residency
Sports
- Kids' Play Areas / Sand Pits
Convenience
- Power Backup
- 24*7 Water Supply
- Lift
Safety
- 24 x 7 Security
Environment
- Normal Park / Central Green
Leisure
- Indoor Games
Specifications
- Master Bedroom-Walls
- Oil Bound Distemper
- Master Bedroom-Flooring
- Vitrified Tiles
- Walls
- Oil Bound Distemper
- Structure
- RCC Frame Structure
Location and Connectivity Around Laxmi Construction Wakad

Connecting Roads
Trust & Verification
RERA Details of Shubhlaksh Residency
P52100006890
Subhlaksh Residency
Rera Url:
- Square Yards RERA Reg. A51800000454
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Laxmi Construction Track Record
Frequently Asked Questions About Shubhlaksh Residency
Yes, Shubhlaksh Residency has received its Occupancy Certificate, confirming that the project is legally approved for residential use.
Shubhlaksh Residency enjoys excellent connectivity via MumbaiBangalore Highway and is well connected to the Pimpri Chinchwad PCMC area.
Yes, purchasing apartment at Shubhlaksh Residency is legally safe, as the project has a possession status of Ready to Move and is registered under RERA with registration number P52100006890. Being a completed development, it significantly reduces construction, delivery, and compliance risks compared to under-construction projects
Before purchasing in Shubhlaksh Residency, verify the land title, chain of ownership, and encumbrance status. Also cross-check the RERA registration number P52100006890 and confirm approvals with local authorities for the address Wakad Pune, 411057.
Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Shubhlaksh Residency.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.