Rajendra Nagar, Pune

rajendra nagar is an upmarket locality in Pune. it lies in the area of sadashiv peth. there are a number of entertainment sites, hospitals, and educational institutes in the vicinity.  rajendra nagar is just 4 km away from the shivajinagar bus stand.  

rajendra nagar is primarily a residential area. most of the property in the area is 5 and 6 bhk, and the prices range from 5 crore to 8 crores. there are also 2 bhk and 3 bhk projects that are under construction, and their prices are between rs 65 to 88 lakhs. rent rates vary from rs10,000 to rs 15000 for 1bhk apartments and rs 20,000 to rs 30,000 for 2bhk and 3 bhk apartments. rajendra nagar also has a number of paying guest facilities separately for men and women, and rates start from rs 10000 to rs 15000 for single occupancy. 

metro services are slated to begin shortly in this year. pune is a smart city and is environmental friendly. there are a lot of parks and walkways for the health-conscious.

key highlights

• a prime residential area in the heart of pune. there are a number of flats choices at comparatively lower prices for sale and for rent.
• pune is developing into an it and an industrial hub. the residential area of rajendra nagar is easily accessible to these hubs and makes for a convenient and satisfying place to live.

whats great?

• key shopping malls, educational institutions, banks are within a 4 km radius. the area is well connected with the rest of pune with go primarily a residential od roads. there are joggers, parks, and fitness centers in the vicinity.
• like most residential areas in pune, rajendra nagar is also a clean and green locality. organisations such as environs are designing residential areas with a green focus on landscaping the residential campuses. 

whats not great?

• there is a slum in the vicinity. though the dattawadi rehabilitation project helped clean up the area to some extent, the slum is still there. its proximity to the ambilodha canal causes flooding during rains.  

Watch out for?

• many new residential projects are coming up in the rajendra nagar area.

property rising factor

the rate at which the city of pune is growing ensures that there will be a significant price escalation. 2020 figures show 54% availability of property in comparison to demand. this is high and promises good investment return for the short as well as long term.

other highlights

social infrastructure

the pune smart city development corporation has many development projects. these include smart street lighting, introducing electric buses, making parks for fitness and jogging. other projects include cleaning the riverfront and a centralized control center with cctv facilities to ensure safety for residents.

shopping complex & markets

• elpro city square
• spot 18 mall
• city one mall
• inorbit mall
• seasons mall
• the pavillion mall
• city mall
• nucleus mall
• it mall
• lingfield plaza mall

all the above malls are within a 14 km radius of rajendra nagar

healthcare centres

• apex super specialty hospital
• anadibhai narhar gadgil hospital
• poona hospital and research centre
• sanjeevan hospital
• matoshri ramabai ambedkar prasutigriha
• galaxy care laparoscopy institute
• chaitanya hospital
• deodhar eye hospital
• psoriasis doctor
• sahyadri hospital
• swara polyclinic and dental clinic
• deenanath mangeshkar hospital
• dr. subodh shivdes urology speciality clinic
• gurukrupa clinic
• dr chitale ent hospital

all the above hospitals are within a 1.5 km radius from rajendra nagar

connectivity & public transport

• rajendra nagar is well connected to the rest of pune. 
• the main bus stand and the railway station are within a 5 km radius. 
• it is also well connected to the Pune international Airport, which is 14 km away. 
• with the metro line opening in pune in 2021, rajendra nagar will have an extra benefit.

schools, banks, & fitness centres

schools and institutes

• tilak college of education
• agarwals classes
• sir parshurambhau college
• wadia college
• armed forces medical college
• symbiosis international university
• national defence academy
• gokhale institute of politics and economics
• mit - world peace university

banks

• idbi bank
• bank of maharashtra
• icici bank 
• axis bank
• indian bank
• state bank of india
• bank of baroda

popular landmarks near locality

• the srushti garden
• the sachin tendulkar jogging park
• the mahakaleshwar mandir

micro market analysis

capital and rental trends: with many popular real estate developers in the locality, property value is guaranteed to increase in the next few years. punes growth from a satellite town to becoming a major metro has been phenomenal.

scope of growth: the area is still growing, and with more residential complexes coming up, there will be more growth in the future. pune is continuing to develop as an it and industrial hub, and exponential growth is certain.

investment opportunities: there are most investment options in residential property.