Overview of Ashok Nagar, Pune

Ashok Nagar in the central part of Pune is known for being a great place to live and a solid choice for investments.

Location and Connectivity

• This spot is part of Shivaji Nagar with great links to Pune's key areas. You’ve got buses, trains, and even the metro.
• Plus, it's right near the Pune International Airport and stations like Shivaji Nagar and Khadki.

Property Prices

• In Ashok Nagar, property costs have gone down a bit, from Rs. 13,200 to Rs. 12,700 per sqft recently, a small dip of 4-5%.
• Still, it's one of Pune's more pricey spots, with even higher rates compared to nearby areas.

Types of Properties

• Ashok Nagar has plenty of housing, such as flats, villas, standalone homes, and plots.
• Prices range widely, offering something for everyone. We see many 2 and 3 BHK apartments in the 2.5 Cr. to 2.6 Cr. price range.

Infrastructure and Amenities

• The area has great amenities like good schools (e.g., Eurokids Pre-School, SES Gurukul School), healthcare providers (e.g., Sunburst Healthcare), and malls (e.g., Lifestyle, Phoenix Marketcity).
• Also, it features a historical temple from the 8th century Rashtrakuta Era along with sights like Lal Mahal and Shaniwar Wada.

Rental Scenario

• The rental here has had a little drop, from ₹22,000 to ₹21,000 now, around a 4.75% decrease.

Pros and Cons

Pros:

• Top-notch safety and cleanliness
• Superb transportation links
• Close to office spaces, shopping, and leisure spots
• Facilities for schools, healthcare, and shopping.

Cons:

• Heavy traffic during rush hours
• Lack of good parking places
• Water supply can be unreliable during summer.

PropertyWala's Conclusion

Ashok Nagar, Pune, is an appealing destination for both those looking to buy property and rent due to its top-notch location, varied property types, and strong infrastructure. Even with a bit of a dip in property prices, its value and connectivity make it desirable. Still, it’s smart to think about traffic and parking concerns. With a mix of homes, offices, and social features, Ashok Nagar is a hot choice in Pune, promising a good mix of living and convenience.