Overview of Keshav Nagar, Pune

Location and Connectivity

Keshav Nagar, situated in East Pune, is a well-connected area with easy access to various amenities and key spots. It is near Viman Nagar and Mundhwa, which makes it desirable for buyers and renters because of its closeness to major hubs.

Property Prices

• Average Buy Price: Properties here average around ₹6,629 per square foot.
• Price Range: Prices vary from ₹4,635 to ₹7,844 per square foot.
• Specific Properties:
  • Apartments: Prices range between ₹25.3 Lac to ₹5.99 Cr, depending on the BHK configuration and builder.
  • Independent Houses and Villas: Price ranges are similar to apartments, though specific figures can vary.

Price Trends

• Year-over-Year (Y-o-Y) Growth: From 2023 to 2024, property prices have risen by 11%, showing a growing market.
• Quarterly Growth: Property prices have seen continuous increases, with quarterly growth ranging from 2-4%.

Rental Market

• Average Rent:
  • For a 2 BHK flat, monthly rent is between ₹22,000 to ₹36,000.
  • For a 1 BHK flat, monthly rent is around ₹17,000 to ₹20,000.
  • For a 3 BHK flat, monthly rent ranges from ₹42,000 to ₹55,000.
• Rental Properties: Many properties are offered directly by owners, saving on brokerage fees.

Amenities and Infrastructure

• Proximity to Schools: Many properties are close to schools like the New Orbis School.
• Market Access: The area is close to markets for daily necessities.
• Transportation: Well-connected to other parts of Pune, making commuting straightforward.

Projects and Availability

• Properties for Sale: Over 250 properties, including apartments, independent houses, and villas, are for sale.
• Projects: There are several ongoing and completed projects, providing a variety of options.

PropertyWala's Conclusion

Keshav Nagar in Pune showcases a promising real estate market with steady price growth and diverse property options. Its good connectivity, amenities, and infrastructure make it attractive for both buyers and renters. Whether you are seeking a budget-friendly 1 BHK flat or a luxurious 3 BHK apartment, Keshav Nagar offers a variety that fits different budgets and preferences. With market trends suggesting profitability for buying and selling, now is a good time to consider investing in this area.