Overview of Mohammadwadi, Pune

Mohammadwadi, found just outside Pune city in Maharashtra, is an up-and-coming residential area featuring a mix of homes and businesses. If you're considering buying or renting property here, these factors are worth noting:

Property Prices

The typical property price in Mohammadwadi is about ₹6,674 per square foot, with prices ranging from ₹3,246 to ₹11,904 per square foot. This range means you can likely find properties that fit any budget.

Configuration and Pricing

Different property types can be found in Mohammadwadi:

• 1 BHK: Usually priced between ₹11,300 to ₹15,400 for areas of 476-650 square feet.
• 2 BHK: Costs from ₹19,300 to ₹26,100 for areas ranging from 811-1100 square feet.
• 3 BHK: Prices are between ₹30,300 to ₹42,800 for areas of 1275-1800 square feet.
• Larger homes like 3.5 BHK, 4 BHK, and 5 BHK are also available at higher prices.

Rental Rates

Average rental rates for renters are around ₹19 per square foot. Examples:

• 1 BHK: Rent ranges from ₹14,625 to ₹16,875 per month.
• 2 BHK: Rent varies, from ₹15,000 to ₹28,000 per month based on amenities and location.

Amenities and Infrastructure

Mohammadwadi offers many convenient amenities:

• Educational Institutions: Nearby schools include Euroschool Undri, Sanskriti School, and Delhi Public School.
• Healthcare: Close hospitals are Platinum Hospital, H. V. Desai Eye Hospital, and Getwell Hospital Undri.
• Shopping: supermarkets like Crown Mart, Star Bazaar, and D Mart Undri are available.
• Recreational Facilities: There are gyms like Fitness Mantras and Warrior Fitness, and restaurants like Mughal Sarai and Upper Deck nearby.

Connectivity

The area has excellent local connectivity, with many bus stops close by, such as Ganga Florentina Society, Raheja Society, and Nyati Chowk. It’s also near significant landmarks and commercial centers, making it very convenient for both residents and commuters.

PropertyWala's Verdict

Mohammadwadi, Pune, presents a good mix of affordability, amenities, and connectivity, making it an appealing choice for both buyers and renters. The area's ongoing development and variety of property configurations cater to different needs and budgets. If you are searching for a new place or an investment, Mohammadwadi's real estate market offers a dynamic and promising environment. However, it’s important to stay informed about the latest pricing trends and market movements for an educated choice.