Kirkitwadi, Pune: An Overview

Kirkitwadi, situated in Pune's southwest, Maharashtra, is an emerging residential area blending convenience, amenities, and nature.

Proximity and Links

• Kirkitwadi lies close to major business hubs, the international airport (22 km, drive takes 1 hour), and the Pune railway station (just 15 km away, 40-minute journey).

• Excellent connectivity links Kirkitwadi with nearby tech-focused areas like Hinjewadi and Kothrud. The World Trade Center is accessible within an hour’s drive.

Features and Amenities

• Home Choices: Explore diverse housing types in Kirkitwadi, including multistorey flats, residential plots, standalone houses, villas, and builder-finished units.

• Education: Local schools include DSK School, Kalpavruksha English School, and Craze English Medium School, and many more.

• Healthcare: The nearby healthcare scene features multiple hospitals and clinics such as Shreeyash Multi-Speciality Hospital, Avan Multispeciality Hospital, and Kulkarni Hospital and Diagnostic Centre.

• Shopping: Enjoy access to several shopping hubs like Reliance Mall, Public Mall, and Abhiruchi Mall & Multiplex.

• Fitness: A few well-known fitness centers can be found – Rakshak Fitness Center, Shaurya Fitness Club, and M Fitness Club.

Lifestyle and Surroundings

• Outdoor Spaces: Various parks, lakes, and trails grace the area. The popular trekking spot Warje Tekdi is around 9 km away, and the Kirkitwadi Dam is a short 3 km.

• Pollution and Traffic: Green surroundings don’t mean clean air and low noise; the densely populated area does confront air and noise pollution. Intense traffic rushes during peak hours.

Cost of Real Estate and Trends

• Flat Pricing: 2 BHK flat prices in Kirkitwadi range between Rs. 31 lakhs to Rs. 60 lakhs. For 1 BHK, costs are usually lower.

• Rental Rates: Rent typically falls between Rs. 6,000 - ₹12,000 per month for 2 BHK and Rs. 3,000 - ₹10,000 for 1 BHK.

• Current Prices: Property prices rose by 1.0% from the Jul-Sep 2020 quarter to the Jan-Mar 2021 quarter. However, a -6.23% price drop occurred over the past year based on recent data.

Investment Ideas

• Kirkitwadi comes as attractive for investment due to multiple completed projects and several under-construction ones. Close to commercial and IT zones, it promises potential for good returns.

PropertyWala's Verdict

Kirkitwadi offers great opportunities for property seekers in Pune. With outstanding connectivity, varied housing choices, and necessary facilities, it shines. There are ongoing issues, such as monsoon waterlogging and traffic jams, but its environment and proximity to major centers make it attractive. When considering investment, buyers must weigh benefits and challenges for a wise outcome.