Overview of the Kalyani Nagar real estate market

Kalyani Nagar is one of Pune’s rapidly expanding suburban neighbourhoods, located near the city’s industrial zones and IT centres. The neighbourhood offers strong civic amenities and is well-connected to other sections of the wider Pune area.

Kalyani Nagar is a prestigious residential neighbourhood in Pune’s eastern outskirts, near to Koregaon Park.

Kalyani Nagar is a name derived from the name of the famous entrepreneur Neelkanth Kalyani. In the 1960s, he founded the Kalyani Forging Company. Some multinational corporations (MNCs) have established offices in this area, including HSBC, Cybage, and Capgemini.

Many well-known Pune neighbourhoods surround Kalyani Nagar, including Viman Nagar, Yerwada, Vishrantwadi, and Koregaon Park. There are many different types of projects accessible in this area, ranging from inexpensive to opulent. Many reputable builders, such as Vascon Engineers, Raviraj, and K Raheja Group, are working on various projects in Kalyani Nagar. ABIL Clover Verde, Vascon Ivy Glen, and Clover Watergardens are some of the most prominent developments in Kalyani Nagar.

The city of Pune has seen a fast increase in the migration of working people from outside the city as a result of the arrival of several IT majors and other MNCs. As a result, there has been an increase in demand for residential flats in Kalyani Nagar, one of Pune’s well-known neighbourhoods. Despite the fact that the costs of flats in Kalyani Nagar are rapidly rising, inexpensive accommodation to meet the demands of mid and junior-level executives from various firms may still be found here.

The quality of civic amenities has also increased. The expansion of the industrial and information technology sectors has also resulted in the development of the retail and hotel industries in the region.

Connectivity to neighbouring Kalyani Nagar areas

• The Sant Jnaneshwar Marg, the Nagar Road, and the Mundhwa Road are the important roadways that pass through the region.
• The Greenfield Bus Stand and the Pune Swargate Bus Depot are both nearby and provide substantial bus services.
• Shivaji Nagar has a railway station from which to access railway services. Kalyani Nagar is around 8 kilometres away from the Khadki railway station.
• Pune Airport is roughly a 10-minute drive from Kalyani Nagar.

Employment opportunities in the vicinity of Kalyani Nagar

• Phursungi IT Park, Magarpatta City, and Amanora Park Town are around 7 kilometres from Kalyani Nagar.
• The ICC towers and the Mahratta Chamber Of Commerce Industries & Agriculture are roughly 12-13 kilometres apart.
• RMZ Westend is around 13 kilometres distant.
• The World Trade Centre and the EON IT Park are roughly 7-8 kilometres distant from the neighbourhood.

Schools and other social facilities in Kalyani Naga

Kalyani Nagar inhabitants have access to excellent social infrastructure. The Lexicon International School, Billabong High International School, and Symbiosis International School are among the well-known schools in Kalyani Nagar. Columbia Asia Hospital, Shree Hospital & Diagnostic Center, and Sanjeevani Nursing Home & Research Center are among the top hospitals in Kalyani Nagar. Malls in Kalyani Nagar like as Koregaon Park Plaza, Ashoka Mall, and Pulse Mall cater to the inhabitants’ shopping requirements.

Why should you invest in Kalyani Nagar?

the pricing trends in Kalyani Nagar are growing exponentially, as per reports Kalyani Nagar has seen yearly Price appreciation, around 20%, and the demand of neighbourhood would be an excellent place to invest in coming years. Property values are rising rapidly, thanks to a slew of new developments being built in the area. Furthermore, the region is one of Pune’s IT/ITES hubs and industrial zones. Kalyani Nagar is rapidly expanding, and the government intends to expand it further, thus there is opportunity for the development of infrastructural amenities. Given all of these characteristics, Kalyani Nagar is a great area to invest.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.