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Top 21 New Residential Projects in Erandwane, Pune

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About Erandwane, Pune

Erandwane, situated in South Pune, is flanked by residential areas like Sadashiv Peth, Dattawadi, and Gultekdi. Covering approximately 3.4 square kilometres, Erandwane is home to around 80,899 residents, with a balanced male-female population split. This upscale locality boasts attractions such as Joshi's Museum of Miniature Railways and Kamala Nehru Park.

The real estate landscape primarily features luxurious 2 BHK and 3 BHK apartments, reflecting a preference for premium living. Erandwane enjoys robust connectivity through major roads like Karve Road, which connect seamlessly to employment hubs in Kothrud and Baner, as well as notable landmarks like the Savarkar Flyover.

Why Should You Invest in Erandwane?

With an average price of Rs. 13,900 per sq. ft for apartments and a net capital appreciation of around 10%, the area showcases a thriving rental market with a rental yield of 3.5%. Additionally, it is surrounded by Nal Stop, Prabhat Road, and Law College Road, which offer similar prices, enhancing the appeal for those seeking diverse housing options within a specific budget range.

Renowned developers in the area, including Siddhesh Developers, Gangotree Homes, Ravetkar Group, and Kiyaara Buildcon, add allure to the region's credibility and desirability. These projects reflect a commitment to quality construction and offer various residential choices.

Price Trends in Erandwane, Pune

Below is the statistical data to understand the price trends in Erandwane, Pune:

Year Price/Sq ft
2019 Rs. 12,000
2020 Rs. 13,050
2021 Rs. 13,950
2022 Rs. 14,050
2023 Rs. 14,100
2024 Rs. 13,900

Disclaimer: The above prices are based on data collected from different sources and do not reflect the actual price. The above-listed price may vary depending on the developer, location, and amenities.

Top 5 Reasons to Invest in Erandwane, Pune

1: Great Connectivity

  • The Karve Road is the major road that connects Erandwane with other important parts of the city including Kothrud.
  • The well-known Savarkar Flyover in Kothrud lies less than 1 km from Erandwane. It further connects to two major arterials, Karve Road and Paud Road, ensuring excellent connectivity.
  • The Shivajinagar Railway Station is 4 km through Karve Road and Fergusson College Road, and the major Pune Junction (6 km) is reachable via Veer Santaji Ghorpade Road.
  • The Pune International Airport (14 km) can be accessed from Erandwane via Airport Road.
  • Nal Stop Station on the Pune Metro Aqua Line from Vanaz to Garware College serves the locality.

2: Best Infrastructure

Erandwane offers access to renowned educational institutes, healthcare facilities, trendy restaurants, luxury hotels, fun malls, pubs and other recreational spots.

Educational Institutions Renowned Hospitals Eatery Spots
Sinhgad Spring Dale School Global Hospitals Classico Kitchen and Bar
Shishuvihar Primary school Deodhar Eye Hospital Nitrobuzz
Sevasadan English Medium School Deenanath Mangeshkar Hospital and Research Center Surmay
Dr. Kalmadi Shamarao High School Sahyadri Super Speciality Hospital Rolls Mania
Abhinav Vidyalaya English Medium School ACE Hospital Origins Oriental

3: Top Residential Projects

4: Nearest Commute Areas

The table below provides an overview of the approximate distance and commute time from Erandwane to some major nearby areas.

Areas Approx. Distance from Erandwane Commute Time from Erandwane
Wagholi 20.8 km 44 minutes
Pune 4.1 km 13 minutes
Katraj 9.4 km 30 minutes
Wai 82 km 1 hour 34 minutes

5: Presence of Industrial Estates

  • Erandwane is easily accessible to several renowned tech parks, such as Platinum Tech Park, Panchshil (4 km), Software Technology Parks of India (10 km), Cluster A, EON IT Park (17 km), and International Tech Park Pune Kharadi (18 km).
  • The famous Kothrud employment hub is just 3 km away via Paud Road. It houses numerous information technology companies, such as Persistent Systems, Harbinger Systems, and Tech Mahindra.

FAQs

What is the PIN code of Erandwane?

The PIN code of Erandwane is 411004. It is situated in Pune, Maharashtra.

What is Erandwane famous for?

Erandwane, a prominent Pune locality, is renowned for housing India's prestigious Film and Television Institute. It features acclaimed educational institutions like Orchids International School and St. Vincent's High School, alongside popular shopping destinations such as R Deccan Mall and City Mall.

Is Erandwane a good place to live?

Erandwane is a highly desirable residential locale, offering a range of housing options like Siddhesh Shagun, Gangotree Suhrud and Ravetkar Parkside. This locality is near renowned healthcare institutions like Manipal Hospital, Om Hospital and Universal Hospital. Educationally, esteemed schools such as St. Vincent High School, Modern English Medium School and Millenium National School are nearby. For shopping enthusiasts, R Deccan Mall, City Mall, Deluxe Mall and Central Mall cater to diverse needs, enhancing Erandwane's overall appeal as a fantastic residence place.

What is the future of Erandwane?

The future of Erandwane looks promising, with new and upcoming projects like Ravetkar Parkside and Kiyaara Radha Anand poised to contribute to the locality's appeal to residents. Further, with a net capital appreciation of around 11%, the area showcases a thriving real estate future.

What are the top schools in Erandwane?

  • Sinhgad Spring Dale School
  • Shishuvihar Primary School
  • Sevasadan English Medium School
  • Dr. Kalmadi Shamarao High School
  • Abhinav Vidyalaya English Medium School

What are the top hospitals in Erandwane?

  • Ace Hospital
  • Global Hospitals
  • Deodhar Eye Hospital
  • Deenanath Mangeshkar Hospital and Research Center
  • Sahyadri Super Speciality Hospital

What are the best restaurants in Erandwane?

  • Level 5 Bistro and Bar
  • Classico Kitchen and Bar
  • Origins Oriental
  • Pathan Laziz Biryani House

What are the best petrol pumps in Erandwane?

  • Bharat Petroleum Corporation Ltd
  • Indian Oil
  • Hindustan Petroleum
  • HP Petrol Pump
  • Reliance Petroleum

What are the top gyms in Erandwane?

  • Cult
  • Aristo Fitness Studio
  • Conquer Fitness Center
  • Fitranger Gym
  • Gold Star Unisex Fitness Club

What are the shopping malls in Erandwane?

  • R Deccan Mall
  • City Mall
  • Deluxe Mall
  • Central Mall
  • Swaroop Complex

What are the top hotels in Erandwane?

  • Bauhinia
  • The President Hotel
  • Krishna Residency
  • Sharman suites
  • The Oakwood
  • The Grand Tulip

What are the parks in Erandwane?

  • Shri Ganesh Park
  • Siddhi Gardens
  • Mother Teresa Garden

What are the top attractions in Erandwane?

  • Joshi's Museum of Miniature Railways
  • Chatrapati Sambhaji Udhyan
  • Pataleshwar Cave Temple
  • Jambhulwadi lake
  • Hanumantgad Fort

How much does a 1 BHK cost in Erandwane?

1 BHK in Erandwane costs in the range of Rs. 60.5 Lakh to Rs. 1.09 Crore.

What is the average size of a 1 BHK in Erandwane?

The average size of a 1 BHK in Erandwane is 450 sq ft.

What is the rent of a 1 BHK in Erandwane?

The rent of 1 BHK in Erandwane lies in the range of Rs. 11,500 to Rs. 25,000 per month.

How much does a 2 BHK cost in Erandwane?

2 BHK in Erandwane costs in the range of Rs. 1.15 Crore to Rs. 2 Crore.

What is the average size of a 2 BHK in Erandwane?

The average size of a 2 BHK in Erandwane is 836 sq ft.

What is the rent of a 2 BHK in Erandwane?

The rent of 2 BHK in Erandwane ranges from Rs. 25,500 to Rs. 35,500 per month.

How much does a 3 BHK cost in Erandwane?

3 BHK in Erandwane costs range from Rs. 1.65 Crore to Rs. 2.90 Crore.

What is the average size of a 3 BHK in Erandwane?

The average size of a 3 BHK in Erandwane is 1044 sq. ft.

What is the rent of a 3 BHK in Erandwane?

The rent of 3 BHK in Erandwane lies in the range of Rs. 37,500 to Rs. 60,500 per month.

How much does a 4 BHK cost in Erandwane?

4 BHK flats in Erandwane cost around Rs. 3.3 Crore to Rs. 5.2 Crore.

What is the average size of a 4 BHK in Erandwane?

The average size of a 4 BHK in Erandwane is 1361 sq. ft.

What is the rent of a 4 BHK in Erandwane?

The rent of 4 BHK in Erandwane costs around Rs. 1 Lakh per month.

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