Prabhat Road area, Pune
- Property Types
- Apartments, Independent Houses
- Nearby Localities
- Erandwane, Sinhagad Road, Dattawadi, Senapati Bapat Road, Ideal Colony, Shivaji Nagar, Bhosale Nagar, Subhash Nagar, Kothrud, Swargate
About
Overview of Prabhat Road, Pune
Where to Find Prabhat Road, Pune
Prabhat Road is on the southwest edge of Pune, making it a sought-after spot for living. It’s just a stone's throw from big tech parks like the Science and Technology Park and close by some top schools and healthcare places. It's also only 12 km away from Pune Airport, adding to its ease of access.
Different Kinds of Homes
- Prabhat Road offers varied properties including bungalows, row houses, and flats ranging from 1 BHK to 6+ BHK.
- You can find everything from fully furnished apartments to unfurnished condos and studio homes.
- Some key housing societies in the area include Sanskruti Prabhat, Prabhat Apartment, Kusum Kunj, and Sayli Complex Prabhat Road.
Good Stuff Nearby
- The area is filled with top-notch infrastructure and is directly linked by major roads to major parts of the city and transport points.
- Prabhat Road has contemporary amenities such as shopping places, cafes, art galleries, and excellent healthcare.
- Look forward to upcoming projects like the Pune Metro that will amplify the area's connection and growth.
Big Draw for Buyers
- This area is hot because it’s upscale and people want to live here or invest in its high-end property.
- The group looking to buy includes Pune's rising social elite and folks from Mumbai who fancy its posh real estate.
- Commercial spaces are also quite popular, backed by the area’s wealthy crowd and strong connectivity.
Rental and Buying Costs
- Rent costs vary quite a bit:
- 1 BHK flats: ₹21,000 - ₹45,000 per month
- 2 BHK flats: ₹30,000 - ₹50,000 per month
- 3 BHK flats: ₹45,000 - ₹91,000 per month
- 4 BHK flats: Up to ₹1.7 Lac per month.
- The area's prime status reflects in the purchase prices with big jumps in property values over the last five years because of upgrades and rising interest.
Good Life Quality
- Prabhat Road is perfect for families and people wanting a high quality of life due to a mix of old and modern vibes.
- It’s close to many educational centers, medical clinics, and shops, giving easy access to what you need.
PropertyWala's Thoughts
Prabhat Road, Pune, is a great fit for anyone seeking luxury and convenience in their living space. This area, rich in history and modern conveniences, promises a tranquil yet lively lifestyle. Its valuable increase and ongoing developments make it a bright investment option. Whether after a big bungalow, trendy apartment, or commercial spot, Prabhat Road has options, making it a smart, exciting move in Pune’s real estate market.
Nearby
-
Transport
- Bharat Petroleum (<1 km)
- Kasba Peth Metro Station (~4 km)
- Swargate ST Stand (~4 km)
- Pune Junction (~6 km)
- Pune International Airport (~16 km)
- Navi Mumbai International Airport (~136 km)
-
Shopping & Dining
- IRANI CAFE (<1 km)
- Centro Mall (<1 km)
- Darshan (<1 km)
- National shop (<1 km)
- Mahatma Phule Mandai (~3 km)
- M&S Outlet (~8 km)
-
Healthcare
- PAI RAITURKAR IVF CLINIC (<1 km)
- Dr. Sarafs Joints Clinic (<1 km)
- Ayurveda Rasashala (<1 km)
- Apollo Pharmacy (<1 km)
- Sahyadri Hospital (<1 km)
- Sanjeevan Hospital, Pune (<1 km)
-
Education
- Abasaheb Garware College (<1 km)
- National Film Archive of India (<1 km)
- Panditrao Agashe School (<1 km)
- Bhandarkar Oriental Research Institute (~1 km)
- SNDT Women's University (~1 km)
- Bhaskaracharya Pratishthan (~1 km)
-
Leisure & Entertainment
- Kamala Nehru Park (<1 km)
- Deccan Gymkhana (<1 km)
- Balgandharva Rangmandir (~2 km)
- City Pride Kothrud (~3 km)
- Jawaharlal Nehru Cricket Stadium (~3 km)
- Poona Club Golf Course (~10 km)
-
Services
- Punjab National Bank (<1 km)
- Income Tax Department (<1 km)
- HDFC Bank ATM (<1 km)
- Deccan Gymkhana Post Office (~1 km)
- Erandvana Fire Station (~1 km)
- Perugate Police Chowki (~2 km)
-
Religious Places
- Ashtabhuja Mandir (~2 km)
- Amrut Mrutyunjay Ganesh mandir (~2 km)
- Rajbaug Tarun Mandal (~3 km)
- St. Anthony's Catholic Church (~3 km)
- Madar Chala Masjid (~4 km)
- Gurusingh Sabha Gurudwara (~4 km)
-
Business & Hospitality
- JW Marriott Pune (~3 km)
- Automotive Research Association of India (ARAI) (~3 km)
- Pune Metro Purple Line Depot Range Hills (~4 km)
- Blue Diamond, Pune - IHCL SeleQtions (~9 km)
- Business Bay (~10 km)
- Cybage Software Pvt Ltd (~12 km)
Reviews
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News
Pune's Most Expensive Areas: Prabhat Road, Model Colony Lead
The Free Press Journal · · Regulatory
Maharashtra's revised Ready Reckoner rates for 2025-26 effective April 1 show Prabhat Road and Model Colony as Pune's priciest locations, with rates rising 4.16% citywide.
Key facts
After revision of Ready Reckoner (RR) rates effective April 1, 2025, Prabhat Road and Model Colony top Pune's most expensive areas by land rates.
Land Rates (per square meter / per square foot):
- Model Colony: ₹67,490 / ₹6,270
- Erandwane: ₹55,950 / ₹5,198
- Ghorpadi: ₹45,410 / ₹4,219
- Kothrud: ₹42,420 / ₹3,941
Nandoshi and Kirkatwadi are cheapest.
Residential Apartment Prices (per square meter):
- Erandwane: ₹1,79,490
- Koregaon Park: ₹1,79,490
- Prabhat Road: ₹1,65,220
- Model Colony: ₹1,46,190
- Kothrud: ₹1,21,540
Commercial rates in Deccan (Jungli Maharaj Road to Garware Island): ₹1,30,850 per square meter.
Statewide RR rates increased 4.39% average. Pune: 4.16%. Pimpri Chinchwad: 6.69%. Ready Reckoner rates determine stamp duty, registration fees and property valuations.
Prabhat Road and Erandwane are Pune's costliest areas
Indiatimes · · Residential
Prabhat Road commands the highest land prices in Pune at Rs86,710 per square metre, while Erandwane also ranks among the city's most expensive localities.
Key facts
Prabhat Road has emerged as Pune's most expensive area for land prices at Rs86,710 per square metre (Rs8,056 per sqft). Erandwane (west side of Law College Road) commands the highest prices for residential flats in the city.
Pune co-working sector evolves with premium flexible workspaces
Hindustan Times · · Commercial
Entrepreneur Nilesh Sule is expanding CC&Co Premium Coworking across Pune with premium flexible workspaces reducing occupancy costs by 25 to 30 percent.
Key facts
CC&Co Premium Coworking started in 2021 with 3,000 sq. ft. on Prabhat Road. Within 18 months, expanded to 12,000 sq. ft. building. Current operations: 45,000 sq. ft. across centres at Prabhat Road, Aundh, and Kothrud, with another facility planned in Aundh. Capacity over 500 seats with 85% occupancy. Invested ₹10 crore since 2023. Broke even within three years. Client base: 60% IT sector, 40% diverse industries. Premium positioning emphasises design, compliance, secure networks, robust IT infrastructure. Coworking economics: businesses reduce occupancy costs by 25-30%, avoid property tax, electricity, office administration, maintenance and stationery. Recently evolved into managed office solutions offering fully serviced plug-and-play workplaces with 20-30% cost reduction versus conventional offices.
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Apartments for sale in Prabhat Road, Pune
Independent Houses for sale in Prabhat Road, Pune
- Locality ID
- A323438111
- PinCode
- 411052