Overview of Yewalewadi, Pune

Yewalewadi, situated in the south-eastern part of Pune, is a residential suburb newly incorporated into the Pune Municipal Corporation (PMC).

Location and Connectivity

• Yewalewadi is accessed via significant roads like the Mumbai-Hyderabad Highway, Kondhwa road, and Solapur road.
• An important upgrade is the widening of the Katraj-Kondhwa-Phursungi-Solapur highway, increasing connectivity.
• This neighborhood also connects with the Katraj-Hadapsar Bypass Road and is roughly 24.3 km from Pune International Airport via Ghorpadi Road.

Property Types and Prices

Residential Properties for Sale

Flats/Apartments:

• We come across prices ranging from ₹25.5 Lac to ₹1 Crore. The average costs per square foot fall between ₹5450 to ₹6100.
• Some noteworthy examples are found in Fortune Shubhan, Prathamesh Aura, and Sanraj Antara Apartment.

Plots:

• You might find plots priced from ₹5 Lac to ₹70.45 Lac, with rates per square foot varying between ₹450 to ₹3250.

Builder Floors:

• These range from ₹35 Lac to ₹45 Lac, averaging about ₹2750 to ₹5200 per square foot.

Villas:

• You can find prices from ₹1 Crore to ₹1.25 Crore. On average, prices are around ₹7073 per square foot.

Property Sizes and Configurations

• 1 BHK: The price spans from ₹25.5 Lac to ₹32 Lac, averaging ₹5356 per square foot.
• 2 BHK: Prices extend from ₹34 Lac to ₹1 Crore, averaging around ₹5983 per square foot.
• 3 BHK and 4 BHK: Prices range from ₹92 Lac to ₹1.25 Crore with varying average prices per square foot.

Rental Properties

• Flats/Apartments:
  • Rental prices for 2 BHK units range from ₹13,000 to ₹17,500 per month.

Infrastructure and Future Development

Proposed Infrastructural Developments

• The Ring Road to be developed by PMRDA.
• Widening the Katraj-Kondhwa-Phursungi-Solapur Highway.
• Building an 18-meter wide road to connect with the Ring Road.
• Upcoming developments include a new crematorium, cemetery, primary school, market, and garden as planned by the PMC.

Investment and Rental Yield

Yewalewadi holds promise for its proximity to IT parks such as Pune IT Park, Aundh, Teerth Technospace, and others, driving up residential demand and providing stable rental yields.

It’s ideally positioned for IT workers due to its closeness to the workplaces.

PropertyWala's Conclusion

Yewalewadi, Pune, offers a promising real estate market. It boasts several property types, including flats, plots, builder floors, and villas. Excellent connectivity, close proximity to IT hubs, and upcoming infrastructure developments make it noteworthy for property appreciation and rental income. Nevertheless, specific property and society research is necessary to find the best option according to your requirements and budget.