Overview of Mangalwar Peth, Pune

Mangalwar Peth in Pune thrives as a lively and quickly expanding area, shifting into a key residential and commercial centerpiece.

Connectivity and Infrastructure

• Mangalwar Peth links easily to major parts of Pune and other key spots in Maharashtra on major roads like Shivaji Road, Kelkar Road, Bajirao Road.
• It’s near national highways NH 60 and NH 965, improving its accessibility.
• Public transport options are also robust with buses from Pune Municipal Transport and State Transport. The locality is just a short distance from Pune Junction and Shivajinagar Railway Station.
• The Pune International Airport lies about 30-40 km away, ensuring easy access for air travel too.

Education and Healthcare

• Mangalwar Peth is packed with top-notch educational institutions. For instance, you'll find Kalmadi Kannad School and Ring Star Nursery School around here.
• There are also many respected hospitals nearby, including Naidu Hospital, Dhanvantari Hospital, and Kamla Nehru Hospital.

Real Estate Options

For Sale

• You’ll find a variety of properties, from 1 BHK to 3 BHK flats and beyond, in Mangalwar Peth.
• The price for these properties changes significantly. 2 BHK flats range from Rs. 75 Lac to Rs. 1 Cr, while 3 BHK flats reach up to Rs. 1.75 Cr.
• Projects like Pratibha Nakshatra, Tejus Shanti Complex, Aura Divine, and Vishweshwar Heights have different price points per square foot. They go for Rs. 10,120, Rs. 9,576, Rs. 9,302, and Rs. 7,835 respectively.

For Rent

• Rental properties include 1 BHK, 2 BHK, and 3 BHK flats, plus office and commercial spaces.
• Average rentals can differ between Rs. 45 and Rs. 48 per square foot for apartments, and up to Rs. 69 for office spaces.
• A typical 2 BHK flat can start at ₹45,000 monthly.

Amenities and Lifestyle

• This area boasts numerous amenities. Expect shopping centers, recreational facilities, and spots like Shaniwar Wada and the Raja Dinkar Kelkar Museum.
• It offers modern architecture and an advantageous location, creating a balanced living environment close to significant employment centers.

Pros and Cons

Pros

• Strong connectivity through major roads and public transit.
• Nearby educational and healthcare facilities.
• Easy access to key services, shopping areas, and recreational spots.
• Picturesque surroundings with historical places and urban conveniences.

Cons

• Waterlogging during the monsoon.
• Severe traffic congestion and road blockages during peak hours.
• A growing population adds to crowded spaces and worsens pollution.

PropertyWala's Final Thoughts

Mangalwar Peth, Pune, is a strong pick for real estate investment due to its excellent connectivity, solid infrastructure, and plentiful amenities. Although waterlogging and traffic jams are its challenges, its strategic location, proximity to schools and hospitals, along with recreational options, make it a desirable choice for families and professionals. Combining urban ease with scenic beauty, it’s a top pick for those seeking modern and cohesive living in Pune.