Overview of the Viman Nagar real estate market

Viman Nagar is one of Pune’s rapidly expanding suburban neighbourhoods, near to 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.

Viman Nagar is a prestigious residential neighbourhood in Pune’s eastern outskirts, near to the airport. Viman Nagar is a name derived from the existence of an air force station in the neighbourhood. Prior to independence, the area was known as Dunkirk Lines. There are also a lot of tourist attractions in the area. Many well-known Pune neighbourhoods surround Viman Nagar, including Kalyani Nagar, Yerwada, Vishrantwadi, Dhanori-Lohegaon, and others. There are many different types of projects accessible in the region, ranging from inexpensive to opulent. There are several reputable builders in Viman Nagar, like Vascon, Lunkad, and Clover, who are working on various projects. Lunkad Sky Vie, Rohan Mithila, Lunkad Zodiac, and other prominent projects in Viman Nagar include Lunkad Sky Vie, Rohan Mithila, Lunkad Zodiac, and others.

Pune has seen a boom in working population from outside due to the arrival of several IT majors and multi-national businesses. As a result, there has been an increase in demand for residential flats in Viman Nagar, one of Pune’s well-known neighbourhoods. Despite the fact that the costs of flats in Viman Nagar are rapidly rising, inexpensive accommodation to meet the demands of mid and junior-level executives from various firms may be found here.

The quality of civic amenities has also increased. The expansion of the retail and hotel industries in the area has been facilitated by the rise of the industrial and IT sectors.

Connectivity to neighbouring Viman Nagar areas
  • There are several important highways that pass through the region, including Sant Jnaneshwar Marg, Nagar Road, Mundhwa Road, and others.
  • The neighbourhood is well-served by public transportation, with the Viman Nagar Bus Stand and the Shivaji Nagar Bus Stand nearby.
  • Shivaji Nagar has a railway station from which train services may be obtained. Viman Nagar is around 10 kilometres away from the Khadki railway station.
  • The airport in Pune is roughly a 5-minute drive from Viman Nagar.
Employment centres in the vicinity of Viman Nagar
  • Phursungi IT Park, Magarpatta City, and Amanora Parktown are all approximately 10 kilometres from Viman Nagar.
  • The ICC Towers and the Maratha Chambers of Commerce and Industry are around 12-13 kilometres apart.
  • RMZ Westend is around 15 kilometres away.
  • The World Trade Centre, Cerebrum IT Park, and EON IT Park are all about 5-6 kilometres distant from the neighbourhood.
Viman Nagar schools and other social facilities

Viman Nagar inhabitants have access to excellent social infrastructure. Among the well-known schools in Viman Nagar are Symbiosys International School, Lexicon International School, Bishops School, and others. Columbia Asia Hospital, Shree Hospital, Sanjeevani Nursing Home, and others are among the top hospitals in Viman Nagar. Malls in Viman Nagar, such as the Phoenix Market City, Inorbit Mall Pune, Lunkad Skymax Mall, and others, cater to the inhabitants’ shopping requirements.

The benefits of Investing in Viman Nagar

the pricing trends in Viman Nagar are growing exponentially, as per reports Viman Nagar has seen yearly Price appreciation, around 20%, and the demand of neighbourhood would be an excellent place to invest in coming years. Property rates are rising rapidly as a result of a number of projects under construction. Furthermore, the region is one of Pune’s IT/ITeS hubs and industrial zones. Viman Nagar is rapidly expanding, and the government intends to expand it further. As a result, the scope of infrastructural facility development is also present. Given all of these characteristics, Viman Nagar is an ideal 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.

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