Summary of Mayur Colony, Pune

Area and Conveniences

Mayur Colony is nestled in the Kothrud section of Pune, famous for its top-notch location and solid infrastructure. The area boasts easy access to numerous amenities like schools (e.g., Vinayak Academy), hospitals (e.g., Deoyani Multi Speciality Hospital), and other important services, making it a great spot to live.

Real Estate Values

• Starting at ₹12,640 per square foot, properties in Mayur Colony have a price point.
• On average, property prices are around ₹13,426 per square foot.
• Property prices can vary greatly:
  • Apartments range from ₹1.17 Crore to ₹2.5 Crore with an average price of about ₹16,105 per square foot.
  • For individual flats, prices scale from ₹1.08 Crore to ₹4.94 Crore depending on BHK count.

Varieties of Homes

• Apartments: Come in various configurations like 1 BHK, 2 BHK, 3 BHK, and more. Aparna Apartment and Sukhashanti Society offer upscale living options.
• Independent Houses: These are less common, but available, differing in prices based on size and features.

Renting Scene

• 2 BHK and 3 BHK flats are available for rent starting at ₹25,000 monthly.
• Rental listings usually include extras such as backup lifts, covered car spaces, and balconies.

Market Developments

• Year-over-year (YoY), property rates here have fallen by 12.13%, a signal both for buyers and sellers to take calculated steps.

Community and Facilities

• Residents benefit from a secure living environment and nearby construction companies promising quality building and upkeep.
• Easy access to Pune's other regions makes Mayur Colony a prime choice for residents and investors alike.

PropertyWala's Verdict

The Kothrud area of Mayur Colony in Pune brings together affordability, luxury, and convenience, making it a tempting spot for buyers and renters alike. Its proximity to amenities, range of housing options, and market trends suggest it's a good time to consider investing or living here. Keeping eyes on market trends and consulting real estate pros can help make the best choice.