Yerawada, Pune

yerawada is a big locality in the northeastern part of Pune, close to the airport. it is one of the most densely populated and popular localities of pune. the locality is famed for the poona club golf course, the juvenile court, and mainly for the yerawada jail, which is the biggest jail in maharashtra and where the father of the nation, mahatma gandhi, was kept by the british. there are several administrative offices of the state and central government in this locality, and the pune municipal corporation maintains the locality.
some of the localities that surround yerawada are tingre nagar in the north, viman nagar in the east, Koregaon Park in the south, and nirishan nagar in the west. 1 bhk and 2 bhk are the most common housing configuration in this locality. there is a good variety of housing options that can be budget-friendly as well as on the expensive side if one wants a lavish and luxurious home. the locality is in a prime location that is in high demand as there are all basic facilities like reputed schools, hospitals, and markets available for residents.  
key highlights:
the yerawada jail, where mahatma gandhi was imprisoned and ajmal kasab, the person responsible for the 26/11 attacks, was hanged, is in this locality.
the locality also hosts the aga khan palace, where mahatma gandhi stayed a lot during indias freedom struggle.
there are several famous hospitals in pune and several government offices in the locality.
what’s great
the locality is quite close to the central part of pune and is home to several government officials. thus, it is regarded as an important locality and is well maintained by the pune municipality.
the airport and the railway station are close to the locality.
the locality offers a good variety in terms of property price range to investors.
what’s not great
the locality faces traffic congestion during peak hours as it is a busy place hosting several offices.
the roads are a bit narrow, and there is limited parking space, especially for visitors.
Watch out for?:
the growing demand for a house in this locality could lead to an even higher surge in real estate prices than the rates at present. there are a few new and upcoming projects in the area.
property rising factors:
short term- some of the reasons for a short term rise in property rates could be the establishment of several famous and big company offices in this area and the new and spacious properties that are being developed.
long term- the long term factor could be the ever-growing importance of the locality as it hosts several famous building like the yerawada jail and the agha khan palace, which are of prime importance to indian history.

other highlights:
social infrastructure
the locality has several famous schools, hospitals, markets, temples, and parks on its premises and is thus rated high in terms of social infrastructure. the locality is well-maintained and is a tourist spot as well. 
shopping complex and markets
several small shops spread throughout the locality, and shoppers orbit, present in the locality, is a shopping complex cum office for the locality residents. the msm central mall is not far away from the complex where residents can go shopping.
healthcare centres
healthcare centres is an important factor that an investor considers before buying a property in any locality. the yerawada locality hosts several hospitals that are well-reputed in pune; some of the hospitals which are in and around this locality are:
serene hospital 
rajiv gandhi hospital
gangaram karne hospital
connectivity and public transport
the location of yerawada is a prime reason for its good connectivity to other prominent areas in pune. the airport is close to the locality and public transport facilities, be it bus service, taxi service, or autos, all are available from the locality itself. 
schools, banks, and fitness centres:
schools
some of the famous schools in and around the yerawada are:
vibgyor high school
orchids international school
banks
some of the banks that provide their services to the residents of this locality are:
hdfc bank
abhyudaya co-operative bank
fitness centres
the fitness centres that can be found in this locality are:
star fitness
alans gym
popular landmarks in the locality
apart from the yerawada jail and the aga khan palace, which are famous landmarks not just for the locality but also for pune itself and are the citys tourist attractions. balasaheb thackeray statue and lumbini garden chowk are some of the landmarks of the area. 

micro market analysis: 
capital and rental trends- a 2 bhk property in this locality lies in the price range of inr 30 lakhs to 1.5 crore, and the rent for a 2 bhk is in the range of inr 5,000 to 45,000.
scope of growth- there is the scope of growth in this locality in the form of new projects and better housing facilities that are more spacious and luxurious. but it is minimal as it is a well-established locality, counted among the top in pune.
investment opportunities- there are a few investment opportunities in this locality. still, the price is quite high, and there can be uncertainty whether the prices would go any higher in the future, so from an investor seeking profits point of view, there are better options for better returns, but for someone who wants to stay, getting a house here would be a boon. if affordable, they must take it.