Overview of Pavana Nagar, Pune

Location and Connectivity

Pavana Nagar is situated in the Pimpri Chinchwad area of Pune. This part of town is famous for its growing infrastructure and real estate market. Residents rate it a 3.6 out of 5 for connectivity, meaning it has good access to major amenities and transport.

Property Prices

• Properties in Pavana Nagar begin at around Rs. 4,848 per square foot, average around Rs. 7,318 per square foot, and the high-end can reach up to Rs. 10,412 per square foot.
• Around 50% of properties are priced between ₹40 Lac - ₹60 Lac, and another 33% lie between ₹80 Lac - ₹1 Cr.

Types of Properties Available

• For Sale:
  • Options include 1 BHK, 2 BHK, and even larger houses, like 8 BHK.
  • Ready-to-move-in properties are available, and an 8 BHK house may cost around Rs. 98 Lac.
• For Rent:
  • Options span from 1 RK to 4+ BHK, with both independent houses and apartments.
  • Monthly rent ranges from Rs. 3,750 for a 1 BHK semi-furnished apartment to ₹12,000 for a 1 BHK independent house.

Amenities and Facilities

• Many Pavana Nagar properties are in gated communities with 24*7 power backup, lifts, CCTV surveillance, jogging tracks, fire safety, and security.
• Extra facilities include corporation water, drainage, and parking for cars and motorcycles.

Rental Trends

• Rent prices vary according to different property types. For instance:
  • A 1 BHK semi-furnished apartment rents for Rs. 3,750 monthly.
  • A 1 BHK independent house may go for ₹12,000 per month.
  • A fully furnished 1 BHK apartment might cost Rs. 6,000 monthly.

Market Trends

• The property market in Pavana Nagar has grown by 2.16% year-over-year, showing a stable and slowly rising market.

PropertyWala's Conclusion

Pavana Nagar in Pune presents a stable real estate market, offering a mix of budget-friendly and luxury properties for buyers and renters. With decent connectivity and plenty of amenities, it is a good choice for people looking to buy or live there. The steady price increase and variety make it appealing to potential buyers and renters. However, checking and comparing options helps find the best fit based on your budget and needs.