Overview of Range Hills, Pune

Location and Amenities

• Range Hills is a noted residential and commercial area in Pune, Maharashtra. It is known for its scenic beauty and strategic spot.
• Tucked amidst the verdant greenery of the Western Ghats, Range Hills offers a picturesque mix of natural and modern surroundings.

Real Estate Landscape

• The area boasts a variety of housing choices, including contemporary apartment complexes, spacious villas, and row houses to meet different tastes and needs.
• The choices in real estate span across 1, 2, 3, and even 4 BHK flats and apartments.

Property Prices

• Starting at Rs. 14,598 per sqft, Range Hill Estate's properties generally average Rs. 17,049 per sqft. Prices go up to Rs. 19,500 per sqft.
• Luxury projects, such as ABIL Castel Royale Grande, sit at about Rs. 18,666 per sqft.

Rental Options

• There are rental flats available, from semi-furnished to fully furnished. For instance, a 2 BHK flat can be rented for approximately ₹21,000 monthly for a 900 Sq. Ft. built-up area.

Key Features

• Natural Ambiance: Its tranquil setting and panoramic hill views make it a peaceful refuge from urban bustling.
• Urban Convenience: Range Hills offers both natural beauty and city conveniences like schools, hospitals, and shopping.
• Adjacent Landmarks: Important places like Queen Mary's Technical Institute For Differently Abled Soldiers and Military Hospital Kirkee are nearby.

Pros and Cons

Pros

• Scenic Setting: Ideal for those who cherish natural beauty in a relaxed environment.
• Variety of Homes: It provides different housing options to cater to a range of budgets and lifestyles.
• Strategic Position: Excellent access to urban amenities.

Cons

• Fluctuating Market: A 10.13% drop in property rates over the past year may warrant investor caution.

PropertyWala's Conclusion

Range Hills in Pune provides an ideal mix of natural charm, convenience, and varied housing. This locale appeals to both buyers and tenants, despite a recent drop in property prices. To invest or settle here, consider this combination of strategic factors, amenities, and overall appeal. Always watch for market trends and future costs.