Overview of Aranyeshwar Nagar, Pune

Position and Reachability

Aranyeshwar Nagar, located in the Parvati Darshan region of Pune, Maharashtra, is close to significant sites like the Shree Aranyeshwar Temple and is reachable via several public transport options such as PMT bus stops.

Pricing of Properties

• Properties in Aranyeshwar Nagar start around ₹10,769 per square foot.
• On average, properties sell for about ₹11,386 per square foot.
• Top-tier properties can reach up to ₹12,313 per square foot.

Kinds of Properties for Purchase

• Houses: You will find residential homes in formats like 1 BHK, 3 BHK, and 4 BHK. Costs differ significantly:
  • A 3 BHK house might cost up to ₹3.50 crores (~₹12,069 per square foot).
  • A 4+ BHK house could stretch to ₹4 crores (~₹24,096 per square foot).
• Apartments: Various apartment communities provide sizable rooms and amenities to suit both families and bachelors.

Market Patterns

• Property rates in Aranyeshwar Nagar experience a sharp rise. In the last year, they have increased by 20.41%. This shows a robust and evolving real estate sector.

Facilities and Infrastructure

• Homes in this neighborhood typically offer amenities such as bike and car parking, multiple bathrooms, and semi-furnished or fully furnished interiors.
• The location boasts good connectivity and is close to schools like V S Khandekar High School and Muktangan English School & Jr. College.

Renting Out

• Tenants can find different options: fully and semi-furnished apartments. For instance, a 1 BHK flat may cost around ₹16,000 for rent plus maintenance expenses, with a deposit of ₹40,000.

PropertyWala’s Final Thoughts

Aranyeshwar Nagar, Pune, shows great promise for real estate investors. With values climbing and plentiful dwelling choices, it is a well-connected area. It offers a mix of affordable and upscale housing. Those buying or investing can profit from these notable market trends. Nonetheless, keeping up with the latest listings and market changes is vital to make an educated choice.