Overview of JM Road, Pune

Located in Pune's central part, JM Road is a hotspot for buyers and renters alike because of its great connectivity, amenities, and infrastructure.

Connectivity

It connects well with other city parts through public transport. Important points to note include Shivajinagar metro station, Shivajinagar railway station, PMPML Bus Parking, and the forthcoming Aqua Line extension to Ramwadi for better metro service.

Infrastructure and Amenities

The locality offers all kinds of amenities. Key hospitals nearby are Dr. Karve Children's Hospital, Pune Fertility Center, and Pungliya Tepan Memorial Hospital. Educational institutions like Range Hills Secondary School, Pune University School, and numerous other schools and colleges are also nearby.

Shopping and fun places are plentiful. There are stores like Reliance Trends, R Deccan Multiplex, E-Square Multiplex, and many local markets. The area has eateries such as Surabhi, Gandharva, and Mad Over Donuts.

Lifestyle and Environment

JM Road residents like the neat roads, good public transport, and cab/auto-rickshaw ease. Some issues include frequent parking and moderate pollution. Despite this, the area remains calm and residential with nearby temples, parks, and spots like the Pataleshwar cave temple and Shaniwar Wada Amphitheatre.

Real Estate Trends

When it comes to real estate, JM Road offers many residential options. The 1 BHK flats are the most sought-after. Property prices have grown steadily. Recent deals are around Rs. 18,326 per square foot. Buyers usually go for properties priced below ₹50 lacs.

Property Availability

Property options for sale and rent are plentiful. For renting, you can get a 2 BHK flat for about ₹41,000 per month.

PropertyWala's Conclusion

In conclusion, JM Road, Pune, is a strong contender for property purchase or rent due to its central positioning, good connectivity, and wealth of amenities. Even with parking problems and moderate pollution, it remains a favored choice due to its blend of convenience, education, healthcare, and recreational facilities. The anticipated metro line extensions will further boost its appeal to potential investors and tenants.