Lokmanya Nagar, Pune

Property Types
Office Spaces

About

Overview of Lokmanya Nagar, Pune

Lokmanya Nagar, situated in Pune, brings together a blend of ease, services, and challenges, making it a significant location for potential buyers and renters.

Connectivity

This locality is well-linked to other parts of the city via numerous transportation junctions. Major travel points include the Nal stop metro station, Ideal colony metro station, and Shivajinagar railway station. These enable the locals to easily move within the city and further afield.

Infrastructure and Amenities

Lokmanya Nagar has a developed structure with access to basic needs. Key hospitals, such as Bhide Hospital, Colony Nursing Home, and Apex Superspeciality Hospital, are close by. You'll also find several colleges like Bharati Vidyapeeth Deemed University and Gokhale Institute of Politics and Economics, along with schools like Abhinava Vidyalaya and Symbiosis Open School.

In shopping and fun, locals enjoy places like Reliance Trends, R Deccan Multiplex, and City Pride Multiplex. There are enough restaurants nearby, from Saffron to Domino's Pizza.

Lifestyle and Environment

This spot is noted for having a good safety record, especially after dark. Yet, it deals with frequent traffic snarls and noise from loud things happening near. But it keeps a low crime level. Residents have several parks and green zones. Still, big recreational spots might not be common.

Real Estate Market

There's variety in the property prices here, from budget-friendly to premium categories. The multistorey apartments' average cost is around ₹1.73 Cr, median priced at ₹1.58 Cr. On a tight budget, you might find houses up to ₹20 Lac, and another chunk ranging from ₹1.2 Cr to ₹1.4 Cr in value.

For tenants, they get 3 BHK flats renting at ₹55,000 monthly.

Property Prices and Configurations

Among the popular apartment types, the 1 BHK is often favored by buyers. Prices have grown a lot over past years, due to the location's desirability. Kothrud and Karve Nagar, areas nearby, also saw good rises in property values.

PropertyWala's Verdict

Lokmanya Nagar in Pune stands out as a strong choice for both buyers and renters. Thanks to solid infrastructure, good transport links, and access to needed amenities, it’s quite appealing. Even with some problems like traffic jams and a lack of extensive recreational areas, its safety, schools, and shopping centers make it enticing. For people who value ease, security, and a good lifestyle, Lokmanya Nagar is definitely worthy of thought, though it may need an eye on climbing property costs and urban issues.

Reviews

Be the first to write a review of Lokmanya Nagar and become a Locality expert!
  • Post an informative review and get 1 additional basic property listing FREE of cost*.
  • Your review will be displayed prominently on your property listing page and other pages on the website.
  • For Brokers & Builders: Your review will be displayed on your profile and your profile will get more visibility from all the pages your review appears on.
* The review must be factual, informative and unique.
Please try to write your review from a neutral point of view.
Pros:
Enter some positive aspects of Lokmanya Nagar
Cons:
Enter some negative aspects of Lokmanya Nagar

News

Aaditya Thackeray Backs Lokmanya Nagar Redevelopment Project Protesters

The Free Press Journal · · Regulatory

Shiv Sena leader Aaditya Thackeray supports Pune residents protesting against the Chief Minister's Office stay on the Lokmanya Nagar redevelopment project.

Key facts

Local citizens have staged protests against a stay imposed by the Chief Minister's Office on the Lokmanya Nagar redevelopment project in central Pune.

Shiv Sena (Thackeray faction) leader and MLA Aaditya Thackeray met residents and criticised the Mahayuti government. He stated: "I stand firmly with the residents of Lokmanya Nagar." He noted that immediately after the local MLA recommended the project, the Chief Minister's Office imposed a stay.

Thackeray said he would stand before bulldozers if the government attempted to forcibly demolish homes. He called for an immediate government solution.

Raising concerns about a potential "small Adani" in Pune, he stated the approximately sixteen and a half acre plot of valuable land in Lokmanya Nagar should not be handed over to anyone. He vowed to thwart any attempt to usurp residents' rights through street protests and people's strength.

Pune Lokmanya Nagar redevelopment stalled amid political row

The Free Press Journal · · Regulatory

Residents of Pune's Lokmanya Nagar allege political interference and builder pressure are delaying redevelopment, with height restrictions increased from 12 to 18+ storeys.

Key facts

The proposed redevelopment project in Pune's Lokmanya Nagar has sparked outrage among residents, who allege political interference and administrative decisions are delaying the project and compromising local interests.

Resident Dr Ravindra Dattatrey Randive (resident since 2002) stated the delay stems from political involvement. Originally, flats were to be developed building-wise by resident-chosen builders. The government later decided entire construction would proceed simultaneously. Current buildings are limited to three floors; residents hoped new construction would be restricted to maximum 12 floors, but administration has allowed builders to construct buildings over 18 storeys.

Resident Sagar Avchite noted there are 52 buildings in the area, with most owners not wanting new construction. New construction will change PMC tax charges, maintenance charges, and norms; residents will face emergency access problems.

Another resident (anonymity-based) highlighted that current area rate is ₹16,000 per square foot. The local MLA shows strong interest in the project. The area's main city location is attracting builders and political lobbying.

Shiv Sena (UBT) leader Aaditya Thackeray criticised the government on X, alleging Maharashtra has become a "builder-contractor government." He questioned why the Chief Minister's Office halted redevelopment following a letter from the local MLA, suggesting an attempt to hand the land to a builder close to the ruling party under "cluster" development. Thackeray contrasted this with simultaneous Pune road digging for optic fibres, questioning whether contractors receive discounts versus municipal charges.

News items are reports published elsewhere, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

3 Bedroom Apartment for sale in Gokhale Manik, Erandwane, Pune

3BHK Flat for sale in Erandwane

Apartment / Flat

: Gokhale Manik by Gokhale Constructions at the very prime location of Prabhat Road, Eranwada in Pune offers residential project that host 3 bhk apartments in various sizes.
2BHK for sale in Gokhale Annapurna Smruti, Subhash Nagar, Pune

2BHK Flat for sale in Subhash Nagar

Apartment / Flat

: Gokhale Annapurna Smruti by Gokhale Constructions at the very prime location of Shukrawar Peth in Pune offers residential project that host 2 and 3 bhk apartments in various sizes.
3BHK for sale in Gokhale Annapurna Smruti, Subhash Nagar, Pune

3BHK Flat for sale in Subhash Nagar

Apartment / Flat

: Gokhale Annapurna Smruti by Gokhale Constructions at the very prime location of Shukrawar Peth in Pune offers residential project that host 2 and 3 bhk apartments in various sizes.
2 Bedroom Apartment for sale in Gokhale Anil, Subhash Nagar, Pune

2BHK Flat for sale in Subhash Nagar

Apartment / Flat

: Gokhale Anil by Gokhale Constructions at the very prime location of Subhash Nagar in Pune offers residential project that host 2 bhk apartment in various sizes.
2BHK for sale in Venkatesh Skydale, Sinhagad Road area, Pune
₹ 1.35 Cr

2BHK Flat for sale in Sinhagad Road

₹ 1.35 Cr

  • Venkatesh Skydale
  • Within 3 Years
  • 926 SqFeet
  • ₹14,579/SqFeet

Apartment / Flat

: Venkatesh Skydale by Shree Venkatesh Buildcon at the very prime location of Sinhagad Road, Hingane Khurd, Pune hosts residential 1, 2, 3 and 4 bhk apartments in various sizes.
3BHK for sale in Venkatesh Skydale, Sinhagad Road area, Pune
₹ 1.6 Cr

3BHK Flat for sale in Sinhagad Road

₹ 1.6 Cr

  • Venkatesh Skydale
  • Within 4 Years
  • 1,146 SqFeet
  • ₹13,962/SqFeet

Apartment / Flat

: Venkatesh Skydale by Shree Venkatesh Buildcon at the very prime location of Sinhagad Road, Hingane Khurd, Pune hosts residential 1, 2, 3 and 4 bhk apartments in various sizes.
4BHK for sale in Venkatesh Skydale, Sinhagad Road area, Pune
₹ 3.35 Cr

4BHK Flat for sale in Sinhagad Road

₹ 3.35 Cr

  • Venkatesh Skydale
  • Within 4 Years
  • 2,399 SqFeet
  • ₹13,964/SqFeet

Apartment / Flat

: Venkatesh Skydale by Shree Venkatesh Buildcon at the very prime location of Sinhagad Road, Hingane Khurd, Pune hosts residential 1, 2, 3 and 4 bhk apartments in various sizes.
2 Bedroom Apartment for sale in Kumar Surabhi, Swargate, Pune
₹ 79 L

2BHK Flat for sale in Swargate

₹ 79 L

  • Kumar Surabhi
  • Immediate
  • 1,116 SqFeet
  • ₹7,079/SqFeet

Apartment / Flat

: Kumar Surabhi by Kumar Properties at the very prime location of Swargate, Pune. The project hosts 2 and 3 bhk apartments in various sizes.
3 Bedroom Apartment for sale in Kumar Surabhi, Swargate, Pune
₹ 1.11 Cr

3BHK Flat for sale in Swargate

₹ 1.11 Cr

  • Kumar Surabhi
  • Immediate
  • 1,423 SqFeet
  • ₹7,800/SqFeet

Apartment / Flat

: Kumar Surabhi by Kumar Properties at the very prime location of Swargate, Pune. The project hosts 2 and 3 bhk apartments in various sizes.
3BHK for sale in Paranjape Swapna Samrat, Erandwane, Pune
₹ 3.35 Cr

3BHK Flat for sale in Erandwane

₹ 3.35 Cr

Apartment / Flat

: PSCL Swapna Samrat by Paranjape Schemes Constructions Ltd at the very prime location of Erandwane, Pune offers residential project that host 2 and 3 bhk apartments in various sizes.
2BHK for sale in Paranjape Swapna Samrat, Erandwane, Pune
₹ 2.3 Cr

2BHK Flat for sale in Erandwane

₹ 2.3 Cr

Apartment / Flat

: PSCL Swapna Samrat by Paranjape Schemes Constructions Ltd at the very prime location of Erandwane, Pune offers residential project that host 2 and 3 bhk apartments in various sizes.
Land for sale in Prayeja City, Sinhagad Road area, Pune
₹ 4.5 L

Residential Plot for sale in Sinhagad Road

₹ 4.5 L

  • Prayeja City
  • Immediate
  • 1,200 SqFeet
  • ₹375/SqFeet

Residential Plot / Land

: Prayeja City, a Residential Project by Joint Venture of Bhandari-Gelda Associates & Prayeja Developers.It is among the completed projects of it's class.

Price Trends

Locality ID
A594711138
PinCode
411030