Shantinagar, Pune

shanti nagar is an upcoming locality in the northern part of Pune. the pin code of the locality is 411026. pune, pimpri-chinchwad, talegaon dabhade, and sasvad are the nearby cities to the locality. midc, bhosari-sai nagar, balaji nagar, landge nagar, and landewadi are the surrounding areas of shanti nagar. 

the locality is well-connected by road to other parts of pune. philips road connects the area to nashik-pune highway via telco road. the area has a lot of msme industries, apart from the industrial areas located nearby. kasarwadi railway station and pimpri railway station are close to the locality. buses to other parts of pune are available from electronic sadan bus stop, bhosari gaon bus station, and landewadi bus station.

shanti nagar is modestly rated by the residents regarding public transport, traffic, and availability of services. 56% of the properties for sale are 3bhk apartments. apartments are the only type of property present here. yuvraj developers, mantra properties, surana bhansali associate, mahaveer ridge housing ltd., are the prominent realtors offering residential space in the locality

key highlights

• shanti nagar is an upcoming residential area in pune

• pune-nashik highway is close to the locality.

• the locality is close to employment centres, such as midc, bel optronic devices, tata communications ltd., capgemini technologies. 

whats great?

• the locality is close to employment centres located along nashik-pune highway

• connectivity to the city via nashik-pune highway

• the locality is home to well-maintained bhosari lake and many parks around it. 

whats not great?

• a little away from the city of pune.

Watch out for?

• a lot of companies are along the pune-nashik highway. pune-nashik highway is very close to the locality. chakan, which has many automobile manufacturing facilities, is close to the locality.

property price rising factor

short term

• shanti nagar has excellent connectivity to other parts of the city via pune-nashik highway

• close to numerous companies ranging from precision manufacturing, automobile manufacturing to telecommunication and software consulting firms. 

long term

• the prices of properties in the locality are modest. saint dyaneshwar stadium, bhosari sahal kendra udyan, bhosari lake brings aesthetic value to the locality. the locality is close to the highway connecting pune-nashik via chakan.  

other highlights

social infrastructure

shanti nagar has a well-formed social infrastructure, retail spaces, and employment centres. refreshment centres, local convenience stores, educational institutions, residential apartments, and hospitals are present here. 

shopping complex & markets

• premier plaza mall

• the goldfields

• city one mall

• yashwant shopping centre

• msm central

health care centers

• shriram hospital

• patil nursing home

• kulkarni hospital

• new bhosari hospital 

• life line hospital

connectivity & public transport

buses to all the areas of pune are available from nearby bus stops such as electronic sadan bus stop, pcmt chauk bus stop, and bhosari gaon bus stop. pune-nashik highway is close to the locality. kasarwadi railway station is 6kms from here. Pune international Airport is 13kms from shanti nagar. 

schools, bank & fitness centers

schools in this area:

• priyadarshini school

• dheeraj international school

• podar jumbo kids

• sterling school

• dr. d. y. patil pre school

banks in the area:

• punjab national bank

• equitas small finance bank

• axis bank

• union bank of india

nearby atms for all prominent banks:

• idbi bank atm

• bank of maharashtra atm

• axis bank atm

• icici bank atm

• kotak mahindra bank atm

fitness centers:

• physc gym

• sns health zone

• beingfit n fine

popular landmarks near locality

•  bird valley udyan, dighi mountain hill, bhosari lake, bhosari garden, and pimpri chinchwad science park nearby attractions

micro market analysis

capital and rental trends

• in shanti nagar, the average price per sq.ft in a multistorey apartment is rs. 5970. there is a decline of about 0.8% in prices across all properties since the third quarter of 2019. 

• 32% of the properties for sale cost 1.2crores-1.4crores, and 20% of the properties cost 60lakhs-80lakhs. 56% of the properties for sale are 3bhk apartments, whereas the other 36% are 2bhk apartments. 

• 25 properties are available for sale. 2bhk costs 45lakhs-90lakhs, whereas 3bhk costs 68lakhs-1.55crore. resale or new properties are available here. mantra properties, yuvraj developers, and mahaveer ridge housing ltd. offer properties in the premium range.

• seven properties are up for rent here. 3bhk costs rs.20000-27000 a month, whereas a 2bhk costs rs.16000-22000 a month. 

scope of growth

• the presence of employment centres and industries is a huge plus to the locality. people employed in the nearby industries would find it convenient to live here, which improves the prospects of the area

investment opportunities

• the sq. ft. cost is moderately high, considering the prospects of the area. investment here in the form of buying an apartment in an upcoming venture is suggested.