Shankar Nagar, Pune

shankar nagar is a residential locality in Pune, maharashtra, india. being close to the citys center, it enjoys a good quality of living and efficient infrastructure that allows shankar nagar to be a hotspot for real estate activity in maharashtra. it is conveniently located in proximity to various it parks and employment offices in pune. giga space is 7 km from the locality, world trade center is 5 km, cybercity is 4 km, cerebrum it park is 6 km, muttha tower is 8 km, commerce zone 9 km, and vatika business centre is 7 km from the neighborhood. 

shankar nagar is also connected to the nearby it hubs like quadron business park 31, nano space 18 km, and prabhavee tech park 20 km. 

film and television institute of india is 12 km, and empress botanical garden 7 km from the neighborhood. columbia asia hospital, one of the biggest hospitals in pune, is at a distance of 3 km from the locality. 

kodre nagar, anand naha, keshav nagar, tuptni vasti, Amanora Park Town, santipur, and ashoka nagar are the neighborhood localities to shankar nagar. 

shankar nagar offers residential apartments, independent houses, builder floors, and commercial shops. 

key highlights

• film & television institute of india is 12 km away from the neighborhood. 
• the international airport is situated in proximity to the locality. 
• shankar nagar is 12 km from pimpri-chinchwad. 

whats great?

• the area has several good malls and multiplexes. 
• the roads and public transport facilities are excellent in the area. 
• the locality is clean and safe for children and young people. 

whats not great? 

• traffic in the area can be an issue. 
• air pollution in the region can cause some troubles. 

Watch out for?

• cinépolis seasons, a movie complex, is situated 1 km from the locality. 
• "blades of glory" cricket museum, a cricket museum dedicated to the history of cricket, is 35 minutes away from shankar nagar. 

property rising factor

short term 

• shankar nagar is located in the center of the city and enjoys a significant social and civic infrastructure. 
• schools, banks, shops, and hospitals — the major real estate drivers are readily available in the area. 

long term 

• kalyani nagar, 5 km from shankar nagar, is part of the pune metro rail project that is expected to be functional from 2021, easing the commuting process of the inhabitants. 
• the location is placed in proximity to the international airport. 

other highlights

social infrastructure

shankar nagar boasts a healthy lifestyle and a developed infrastructure. schools, colleges, restaurants, hospitals, and means of entertainment, are available in the proximity of the town. the orbis school, mundhwa, is approximately 1.5 km away from the neighborhood, and other schools in the area include wisdom world school (hadapsar) and mahindra public school. olive health center and karuna eye hospital are amongst the many health care centers in the area. amanora mall is 3 km from the place, and vascon mariplex mall is 5 km away. 

shopping complex & markets

• hanuman super market
• vascon mariplex mall
• amanora mall
• sachin super market
• mayur super market

health care centers

• lalwani mother and child care hospital
• shraddha hospital
• yashashree hospital
• mahajan multispeciality hospital
• siddhant hospital 

connectivity & public transport

manjari road connects shankar nagar to the city. pune mahanagar parivahan mahamandal limited (pmpml) operates the buses within the city. it works with rainbow bus rapid transit system, the first in india, to allow the buses to travel faster. the pune metro project will be feasible from 2021. pune railway station is situated 9 km away from the place, and the international airport shares the same distance from shankar nagar. 

schools, bank & fitness centers 

schools in the area 

• eurokids pre-school
• aranyeshwar english medium school
• pinnacle recreation academy
• aranyeshwar madhyamik vidyalay
• muktangan english school & jr. college

banks in the area 

• bank of maharashtra
• pune peoples co-operative bank limited
• state bank of india
• yes bank

popular bank atms

• axis bank atm
• state bank of india atm

fitness centers in the area 

• devkar fitness club
• soulfitness
• active fitness club 
• enduro fitness center
• kamgar kalyan fitness centre

popular landmarks near locality

• right flank junction
• lal mahal
• katraj lake
• parvati hill
• indraprastha landmark

micro market analysis

capital and rental trends

• starting price of the property in shankar nagar is 3,257 per sq ft, and the average price is 7,060 per sq ft. 
• property prices in shankar nagar witnessed a growth of 13.07% in the last year. 

scope of growth

shankar nagar is one of the fastest-growing localities in pune. it shares proximity with various it parks such as cybercity magarpatta and weikfield it citi info park. the area is home to many good malls, and the new projects in and around the locality have grabbed the attention of potential buyers and investors. 

investment opportunities

following the rise in the real estate market, price trends suggest investing in shankar nagar will prove to be profitable. venkatesh graffiti and godrej infinity are the upcoming new projects around the neighborhood that are deemed suitable for investment, considering the facilities included in the projects.