Summary of Real Estate Landscape in Tathawade, Pune

Tathawade in Pune has become a hot topic in the real estate scene. The area is thriving because of its strategic spot, upgrading facilities, and high demand.

Prices and Trends

Regarding real estate, Tathawade shows a growing trend over recent months. Between July and December 2024, the price per square foot has increased steadily. It began modestly at ₹8540.39 per square foot in July. There was a slight drop in August, but it revived after that, climbing to ₹9063.77 by October and topping ₹9192.83 in November. As we entered December 2024, the rate ended up at ₹9154.28 per square foot, showing enduring rise.

Year over year, the average rate per square foot is pegged at ₹6,597, experiencing a modest 3.03% growth. A different source, however, shows an average rate of ₹7,450 with a more substantial 12.3% increase over the past year and a whopping 22.7% rise over the last decade.

Rate Variations

Property prices across Tathawade are quite diverse, accommodating various buyer needs. Starting prices are set at around ₹3,950 per square foot, but the average rate stands at ₹6,597 per square foot. This goes up to ₹10,077 per square foot for higher-end configurations.

When we think of particular configurations, you can find a 1 BHK flat priced between ₹4,000,000-₹63.5 lakhs. You may also find 2 BHK flats in a similar price spectrum.

Infrastructure and Connectivity

Tathawade's popularity is largely due to its closeness to major job centers and educational establishments. There's a noticeable boost in infrastructure, better connectivity, and new projects added to the area. These factors significantly impact the positive price trends we see.

Renting Options

Renting in Tathawade can cater to varied preferences. The area features a wide range of furnished and semi-furnished apartments spanning 1 to 5 BHK units. There are several societies like Vardhaman Moonstone, Rohan Ananta, and Kohinoor Sapphire 2, providing different living options.

Buying and Investment

You could see profitable times for both buying and selling properties in Tathawade given its sustained surge in property rates and prime location. Both investors and homebuyers are increasingly attracted to this area due to its continuous development in infrastructure.

PropertyWala’s Summary

Investing in Tathawade, Pune is a sound choice for potential homebuyers and investors. With a stable real estate market, ongoing infrastructure upgrades, and a strategic position, this is an appealing spot for anyone wishing to live or invest in an expanding metropolis. However, consulting with real estate professionals is always recommended for tailored advice and to keep up with the latest market developments before making any investment choices.