Kalewadi, which lies in the western part of Pune, is under the jurisdiction of the Pimpri Chinchwad Municipal Corporation. Here are some important considerations from a real estate standpoint:

Connectivity and Accessibility

Kalewadi boasts excellent connections to key areas in Pune through efficient road routes. The Pavna Bridge joins Kalewadi to Pimpri, while the Hedgewar bridge links it to Chinchwad. Kalewadi Phata connects it to Wakad and Rahatani, putting it close to the Pune-Mumbai Highway and the Mumbai-Pandharpur Road. This makes getting to Pune International Airport and Pune Railway Station convenient.

Infrastructure and Amenities

Kalewadi is rich in social infrastructure, boasting a variety of schools, hospitals, banks, markets, and commercial centers. Key educational institutions include Nirmal Bethany High School, Late Dattoba Ramchandra Kale English Medium School, and Alphonsa High School. Healthcare facilities like Stree Hospital, SMD Multispeciality Hospital, and Helios Bharti Hospital are also available. Shopping centers, supermarkets such as Sahyadri Bazaar and Reliance Smart Bazaar, and fitness centers like Iabsolute Fit and Rsf Fitness Club cater to the residents.

Real Estate Market

There's notable growth in Kalewadi's real estate market, making it a hotspot for both buyers and renters. High demand for apartments is seen, especially for 1 BHK and 2 BHK units, with 95% preference toward apartments. The supply matches this demand, with about 50% of the units being 2 BHK. Currently, the rate stands at around ₹10,341 per square foot, reflecting a 19.92% rise over the last year and a promising property value appreciation.

Rental and Sales

Residents have a rental rate of ₹23 per square foot. Various projects are on offer, including Goodwills Palaash Riveria, Space Silver Woods, and Krishna Classic with prices between ₹8,021 to ₹10,617 per square foot.

PropertyWala's Verdict

With its strong connectivity, well-established social infrastructure, and a vibrant real estate market, Kalewadi is an appealing option for both renters and buyers. It presents a peaceful and safe neighborhood while granting seamless access to urban amenities, making it an ideal choice for those seeking a blend of city and serene living. With ongoing development and rising property values, investing in Kalewadi appears to be a rewarding choice in the long run.