Location and Connectivity

Mhatre Bridge in Pune's Erandwane area stands out as a highly connected locality. It provides easy access to multiple parts of the city and lies near prominent landmarks such as the JW Marriott hotel, making it appealing for both residents and investors.

Property Prices and Trends

Property prices in Mhatre Bridge and its surroundings, particularly in Erandwane, show considerable variation.

• The average cost per square foot is ₹16,507.
• Prices span from ₹5,925 per sqft up to ₹23,875 per sqft.

Types of Properties Available

For Sale

A wide selection of residential properties is available for sale, including everything from apartments to standalone houses.

• Starting prices are ₹32 lakhs for a 1 RK flat and can soar to ₹4.29 crores for more luxurious abodes.

For Rent

Fully furnished apartments are available for rent, furnished with amenities like TV cabinets, beds, kitchen cabinets, and cupboards.

Amenities and Infrastructure

• The area features plenty of parking, especially in commercial buildings like Downtown - The City Centre, developed by Suma Shilp Ltd.
• Many buildings offer retail spaces on the ground floor, adding to resident convenience.
• Overall, the locality is well-equipped with essential facilities and amenities for a comfortable living experience.

Market Trends

• Property rates in Erandwane have dropped by 2.15% over the past year, pointing to a slightly cooling market.
• Nonetheless, due to its appealing pricing and location, the area remains a profitable zone for property buying and selling.

PropertyWala's Conclusion

Mhatre Bridge in Pune is a strong choice for those wanting to buy or rent property. Its strategic location, diverse property offerings, and stable market trends make it attractive to investors and end-users alike. Yet, it’s important to keep an eye on market trends and price changes to make a well-informed choice.