It is one of the fast-developing localities in Pune and, as such, has experienced an increased preference for residing and working in this locality, especially with its strategic location, modern infrastructure, and proximity to major business and recreational centers. The locality has all elements of traditional living along with a touch of modern living. The locality also provides an option for a range of properties for those looking for a balance in life.
Mundhwa Overview
Mundhwa is a place mixed with modern and traditional facets, located at the eastern side of Pune. Once a village region, this area has converted into an urban city that deals with diverse residential and commercial segments. As it contains significant roads connecting the main city, local shopping malls, educational institutes, and good health facilities, Mundhwa has seen fast progress in recent times.
Pincode: The pin code for Mundhwa is 411036.
Landmarks Nearby: The locality is close to Kharadi, Hadapsar, and Magarpatta City, which are some of Pune’s leading IT hubs and commercial areas.
Why to Choose Mundhwa for Real Estate?
Strategic Location:
The locality is extremely close to the Kharadi IT Hub, and connectivity to most of Pune’s prime destinations such as Viman Nagar, Kalyani Nagar, and Magarpatta is given with utmost ease. It is in close proximity to major highways like Nagar Road and ensures easy access to the major commercial and recreational hubs of the city.
Affordable Housing Options
Compared to other areas such as Kalyani Nagar and Koregaon Park, the residential cost in Mundhwa is relatively lower and hence quite popular among the first time home buyers, working professionals and families.
Infrastructure in Progress
The region is witnessing infrastructural developments in terms of roads, transport, and social amenities. The upcoming metro line and flyovers will further develop connectivity for the area, which shall drive demand for properties.
Mundhwa is well located near Kharadi, Hadapsar, and Magarpatta City. It is the location of most IT parks and business houses. Thus, it is convenient for those working in these areas to travel to Mundhwa.
Trends in Real Estate and Property Prices in Mundhwa
The property prices in Mundhwa have risen with time, considering the better infrastructural developments and proximity to major job areas.
Flats: ₹5,000 – ₹7,000 per sq. ft.
Independent Houses: ₹1.2 Cr onwards.
Commercial Properties: ₹8,000 – ₹12,000 per sq. ft.
Popular Property Types:
Apartments: 1, 2, and 3 BHK apartments in mid-range to luxury segments.
Villas: Huge villas and row houses for those seeking bigger spaces to live in.
Commercial Properties: Office spaces and commercial complexes catering to businesses.
Top Builders and Projects in Mundhwa
Some big-time developers bring quality projects to Mundhwa and make it a hub of residential and commercial investment.
VTP Group: It’s delivering large-scale residential projects with modern amenities.
Kolte Patil Developers: This is a famous name in Pune, delivering both residential and commercial developments.
Pride Purple Group: Developers of Residential Complexes and Premium Office Space. Developers offer quality homes with luxury amenities that meet the current way of living.
Lifestyle and Amenities in Mundhwa
Facilities for Mundhwa inhabitants are all-inclusive
Schools:
Symbiosis International School
The Lexicon International School
Kendriya Vidyalaya, Mundhwa
Healthcare Hospitals and Healthcare Centers:
Medipoint Hospital
Sahyadri Super Speciality Hospital
Noble Hospital
Shopping and Entertainment
Phoenix Market city, Amanora Mall Shopping and dining.
Inorbit Mall and Seasons Mall Entertainments in a minute drive.
Playgrounds
Mundhwa has many green belts and parks like Sambhaji Park for morning as well as evening time pass.
Recreational facilities such as Koregaon Park Golf Course are accessible enough so that there is loads of scope for relaxed activity.
Connectivity and Transportation
The location of Mundhwa gives it an excellent connectivity with other places in Pune, making it a perfect place to live and base its business operations from.
Road Connectivity
Given the proximity to Nagar Road, commuting through road by private vehicle and public transport is pretty easy, as well as connectivity to other places like Kharadi, Hadapsar, and Magarpatta.
PMPML buses and auto rickshaws are readily available for travel around the neighborhood and beyond.
Metro and Rail Access:
It will also bring in better connectivity, particularly to significant business zones like Kharadi and Viman Nagar.
Airport Reach:
Pune International Airport is about 10 km from Mundhwa so both domestic as well as international travel will be made easily accessible.
Images and Locality Map
Adding photos of the locality that should include residential complexes, commercial spaces, and local amenities like parks and shopping centers will add appeal to it. A detailed map showing the Mundhwa with closeness to Kharadi, Hadapsar, and Magarpatta City will let one understand its connectivity better.
Future Development in Mundhwa
Mundhwa will be going upwards, and the infrastructural development will keep happening in the near future. New metro line along with good roads and commercial developments will only enhance the desirability of the area for both residential and commercial use.
Why Invest in Mundhwa?
Property in Mundhwa is comparatively much cheaper than that in nearby areas, holding tremendous long-term appreciation potential.
Proximity to IT Hubs: Located close to Kharadi and Magarpatta City, it’s a perfect hub for IT professionals.
Continued infrastructure development: In the future, infrastructure will make the place more attractive for investors as well as homebuyers.
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