Overview of Fatima Nagar, Pune

Location and Connectivity

Fatima Nagar resides in the Wanwadi locality, southeast of Pune. Major roads and the Pune-Solapur highway offer excellent links to other parts of the city. The area is near popular IT zones like Hadapsar, Commerzone, PlatinumTech, Cluster A, and EON IT, making it a hot pick for those who work.

Infrastructure and Amenities

• Educational Institutions: There are many schools nearby.
• Healthcare Facilities: Hospitals and medical centers are close by.
• Shopping and Entertainment: Malls, grocery stores, banks, ATMs, and restaurants are there in the region.
• Transportation: Great connectivity by bus, train, and private cars. The Pune International Airport is slightly more than 8 km away. The Ghorpuri Railway Station is 3 km away.

Property Prices and Trends

• Average Price per Sq.Ft.: The average price in Fatima Nagar is about Rs. 8,274 per sq.ft. Prices start at Rs. 550 per sq.ft.
• Property Range: Prices range between Rs. 37 Lac and Rs. 90 Lac, based on the project and amenities.
• Year-on-Year Growth: There's been a 12.68% rise in property rates this year, marking a positive trend.

Types of Properties

• Residential Units: Options include 1 BHK, 2 BHK, 3 BHK, 4 BHK apartments. There’re also 1 RK (room and kitchen) flats.
• Societies and Projects: Some important societies are Parmar Nagar Housing Society, Himalayan Heights Fatima Nagar, Kumar Kunj, K P Tower, Shraddha Regency, Manish Darshan Apartment, Siddhartha Tower, and Tain Square.

Rental Market

• Rental Prices:
  • 1 BHK: ₹13,375 - ₹18,000 per month
  • 2 BHK: ₹25,000 per month
  • 3 BHK: ₹36,000 - ₹55,000 per month
  • 4 BHK: ₹45,000 per month.
• Amenities Offered: Many rental flats provide fully furnished settings, modular kitchens, and covered parking.

Liveability and Challenges

• Liveability: Residents rate Fatima Nagar highly due to its amenities, accessibility, and safety. It's known for its green and clean setting.
• Challenges: Still, traffic and road conditions could be better. Nearby slums in Ramtekdi and Vaiduwadi are also an issue. Power outages disturb residents here.

PropertyWala's Conclusion

Fatima Nagar, Pune, offers a great real estate option for buyers and renters. Its strategic location, excellent connectivity, and various amenities make it attractive for working professionals and families. Even though there are issues like traffic and power outages, the rising property prices and diverse housing choices make it a smart choice for consideration.