Summary of Wanwadi, Pune

Wanwadi lies in central Pune and is quickly becoming a popular residential area. Let's examine its features from a real estate viewpoint to guide your decision.

Position and Access

• Found about 9.4 km from Pune's center, Wanwadi offers easy access to the city’s various parts, making it a convenient place to live.
• The area is centrally located near other upscale places like NIBM, Magarpatta, Camp, and Kondhwa.

Property Rates and Patterns

• Wanwadi property prices start at about Rs. 5,468 per square foot, with an average around Rs. 8,622 per square foot. The maximum price can reach up to ₹20,000 per square foot.
• Property rates have risen by 5.6% in the past year, showing a positive growth trend.

Types of Homes Available

• Various property types come with choices like apartments, standalone houses, and villas.
  • Common prices for different property types:
    • Apartments: Around Rs. 8,100 to Rs. 8,600 per square foot.
    • Standalone Houses and Villas: Prices vary, but usually fit within the overall average price range.

Facilities and Amenities

• Wanwadi features highly developed infrastructure with ongoing new project introductions.
• You'll find several social infrastructure facilities:
  • Schools: Top schools are nearby.
  • Healthcare: Many health centers and hospitals are accessible.
  • Shopping Centers: Numerous shopping and leisure chances exist.
  • Banks and Dining: Many financial institutions and gastronomic choices are here.

Transit and Traffic

• The area has central positioning but experiences significant traffic, causing extended travel times. The road network is still addressing increasing needs.

Investment Prospects

• Residents consider Wanwadi a high-end area with heightened demand fueled by its centrality and connectivity.
• Real estate investment in Wanwadi shows a rise, likely to escalate with more residential property demand.

What's Real Estate Wala’s Verdict?

The town Wanwadi in Pune offers appealing picks for both purchasers and tenants due to its central setting, superb infrastructure, and good community services. Even with traffic issues, the locality’s rise and favorable property price trends make it attractive for investors. Affordability and luxury options combination add to its allure, paired with its location near main job spots. However, traffic might affect your choice, so consider commute times wisely.