Overview of Airport Road Area, Pune

Location and Accessibility

The Airport Road area in Pune is a well-developed central location, making it a great choice for buyers and renters. It's close to the Pune International Airport, boosting its appeal. There are numerous schools, colleges, hospitals, and business centers, adding to its convenience.

Property Rates and Trends

As of now, here are the main things to know about property rates in the Airport Road area:

• Average Property Rates: The average price for properties here, like those near the Pune International Airport, is about ₹3,949 per square foot. But this can change slightly by where exactly you look.
• Quarterly and Yearly Changes: Rate trends show a 3.84% drop this year. Yet, Pune’s market suggests growth and future appreciation.

Availability of Properties

• For Sale: Many homes, including apartments, villas, and independent houses, are up for sale in Airport Road. Data shows over 1,100 properties.
• For Rent: Many are also available to rent. You can find 2 BHK flats priced from ₹16,000 to ₹45,000 per month, depending on location and amenities.

Amenities and Infrastructure

• Educational Institutions: Several schools are nearby, making it a favorite for families.
• Healthcare: Numerous hospitals and medical centers are close by for healthcare needs.
• Commercial Hubs: Close to IT parks and business centers like Yerwada, boosting its appeal to working folks.
• Modern Amenities: Properties usually offer amenities like 24-hour water, PMC gated security, CCTV, and parking for cars and bikes.

Rental Prices

Here are some rental prices for 2 BHK flats:

• Range: ₹16,000 to ₹45,000 per month.
• Specific Examples:
  • A semi-furnished flat in Laxmisatyam Residency for ₹24,500.
  • A furnished flat in Hermes Heritage Society for ₹45,000.
  • Various projects with unfurnished 2 BHK flats start at ₹16,000.

Prospective Growth

The Airport Road area and the Pune real estate market look set to grow due to:

• Economic Expansion: Fueled by a strong IT sector and commercial hubs.
• Infrastructure Upgrades: Constant development and government policies supporting growth.
• Demand for Sustainable Housing: More demand for green, eco-friendly homes.

PropertyWala’s Summary

The Airport Road area is a strong option for both buying and renting. It has central location, great connectivity, and plenty of amenities. With economic and infrastructural growth plus rising demand for sustainable housing, this area holds great potential. For buying or renting, it's a great choice with modern amenities and long-term investment value.