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Top 19 New Residential Projects in Karve Nagar, Pune

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About Karve Nagar, Pune

Karve Nagar, Pune, is surrounded by affluent localities like Hingne Budrukh, Wanawari, and Karve Road. It has a population of 84,762, 43,623 males, and 41,139 females, and it spans approximately 3.74 square kilometres.

This upscale locale is renowned for its 2 BHK apartments and seamless connectivity, facilitated by its proximity to NH-48 and major metro stations like Ideal Colony and Anand Nagar. Moreover, its proximity to major tourist attractions like Vetal Hill and Shri Mrutyunjayeshwar Mandir adds to its allure, making Karve Nagar a desirable residential destination in Pune.

Why Should You Invest in Karve Nagar?

Investing in Karve Nagar is smart due to its rising property values. Apartments priced at around Rs. 9,150 per sq ft offer a rental yield of 5%. Neighbouring areas like Atul Nagar, Kothrud, Vittal Vadi and Sarita Vihar add to its appeal, offering convenient living options.

Furthermore, renowned developers in the area, including Ranawat Group, Goldleaf Realtors, and Saikrupa Associates, add value to the region's credibility and desirability. As a result, the area has been showing a Y-O-Y of 17%.

Price Trends of Property in Karve Nagar

Here is the statistical data to understand the price trends of properties in Karve Nagar, Pune:

Year Price/Sq ft
2019 Rs.7,600
2020 Rs. 8,650
2021 Rs. 9,100
2022 Rs. 10,100
2023 Rs. 10,300
2024 Rs. 9,150

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

Top 5 Reasons to Invest in Karve Nagar, Pune

1: Best Connectivity

  • Karve Nagar is a popular residential area in the southwestern fringes of Pune. The Mumbai highway bypass passes right next to it.
  • Shivaji Nagar and Pune Junction railway stations are 7-9 km from the locality via DP Road.
  • Karve Nagar is about 17 km from Pune International Airport via Sangamwadi Road.

2: Trusted Residential Developers

3: Top-Notch Infrastructure

Below are some leading schools, renowned health centres, efficient recreational spaces, and amenities in Karve Nagar.

Leading Schools Renowned Health Centres Eatery Spots
KHS Pre-Primary School Shashwat Hospital Nawabi Kebabs and More
G R Palkar Primary School Sahawas Hospital The Tipsy Duckling
Millennium National School Bhagirathi Children's Hospital Pizza Hut
Abhinava Vidyalaya English Medium High School Aashirwad Hospital Kuk Nuk 24
Abhinava Vidyalaya Khenat Hospital and Maternity Home Nation 52

4: IT Hub and Employment Opportunities

  • Nearness to NH-48 helps residents enjoy seamless connectivity to Rajiv Gandhi Infotech Park, a prominent IT hub.
  • Karve Nagar is just 3 km from Kothrud, home to IT companies and new-age startups.
  • Karve Nagar is about 6 km from Pandurang Industrial Area via Narveer Tanaji Malusare Road.

5: Major Tourist Spots

  • Vetal Hill
  • Shahid Major Pradeep Tathawade Park
  • Kakade Palace
  • Mahalaxmi Lawns
  • Pandit Farms
  • Veer Baji Pasalkar Statue

FAQs

What is the PIN code of Karve Nagar?

The PIN code of Karve Nagar is 411052. It is situated in Pune, Maharashtra.

What is Karve Nagar famous for?

Karve Nagar is home to the SNDT Women's University, the first women's university in India and a prominent institution for women's education and empowerment. Karve Nagar is also famous for its diverse range of restaurants offering a variety of cuisines3. Some of the popular ones include Nation 52 Resto & Bar, Cafe 9's, PK Dum Biryani House, Dairy Don, Hotel Goodluck, Purnanna Veg, Chandani, Shraddha Restaurant, Hotel Sudama, and Ruchi Aapli Aawad.

Is Karve Nagar a good place to live?

Karve Nagar offers essential amenities and cultural attractions for a comfortable living experience, making it worth living. It is enriched with Abhimanyu English Medium School, Shree Saraswati Vidya Mandir, and Samrat Ashok Vidya Mandir. This place also hosts some world-class hospitals within a 2 km radius, namely Agrawal Hospital, Shashwat Hospital and Deoyani Hospital, making it an excellent place to live.

What is the future of Karve Nagar?

Karve Nagar shows promising growth by providing a rental yield of 5%. Upcoming projects in the area, such as the construction of the Sun City-Karve Nagar Bridge, indicate further development and investment opportunities, ensuring a bright future for Karve Nagar's real estate market.

What are the top schools in Karve Nagar?

  • Millennium National School
  • The Tree House High School
  • Abhimanyu English Medium School
  • Shree Saraswati Vidya Mandir
  • Samrat Ashok Vidya Mandir

What are the top hospitals in Karve Nagar?

  • Shashwat Hospital
  • Bhagirathi Children's Hospital
  • Sahawas Hospital
  • Agrawal Hospital
  • Khenat Hospital and Maternity Home

What are the best restaurants in Karve Nagar?

  • Nawabi Kebabs and More
  • The Tipsy Duckling
  • Pizza Hut
  • Kuk Nuk 24
  • Nation 52

What are the petrol stations in Karve Nagar?

  • Hindustan Petroleum
  • Indian Oil
  • Bharat Petroleum
  • Shell Petrol Pump

What are the top gyms in Karve Nagar?

  • Trimurti Gym
  • Fitness Empire The Unisex Gym
  • Wild Card Fitness Club
  • Valeosis Fitness Club
  • Zeus Fitness Zone
  • Muscle Mania Fitness Club

What are the shopping malls in Karve Nagar?

  • JVA Mall
  • Kakde Plaza
  • Reliance Centro
  • Mahalaxmi Complex
  • Westend Mall

What are the top hotels in Karve Nagar?

  • Hotel Rudra Regency
  • Chaintya
  • Bauhinia
  • Sharman Suites
  • Hotel Centro

What are the parks in Karve Nagar?

  • Shahid Major Pradeep Tathawade Park
  • Anurekha Society Park
  • Nirmiti park
  • Chintamani Udyan
  • Sahwas Garden

What are the top attractions in Karve Nagar?

  • Shahid Major Pradeep Tathawade Park
  • Kakade Palace
  • Mahalaxmi Lawns
  • Pandit Farms
  • Veer Baji Pasalkar Statue

How much does a 1 BHK cost in Karve Nagar?

1 BHK in Karve Nagar costs in the range of Rs. 30.5 Lakh to Rs. 69 Lakh

What is the average size of a 1 BHK in Karve Nagar?

The average size of a 1 BHK in Karve Nagar is 438 sq ft.

What is the rent of a 1 BHK in Karve Nagar?

The rent of a 1BHK in Karve Nagar ranges from Rs. 9,500 to Rs. 20,500 per month.

How much does a 2 BHK cost in Karve Nagar?

2 BHK in Karve Nagar costs in the range of Rs. 55.6 Lakh to Rs. 1.20 Crore.

What is the average size of a 2 BHK in Karve Nagar?

The average size of a 2 BHK in Karve Nagar is 777 sq ft.

What is the rent of a 2 BHK in Karve Nagar?

The rent of a 2 BHK in Karve Nagar ranges from Rs. 19,500 to Rs. 30,500 per month.

How much does a 3 BHK cost in Karve Nagar?

A 3 BHK in Karve Nagar is available from Rs. 1.40 Crore to Rs. 2.07 Crore.

What is the average size of a 3 BHK in Karve Nagar?

The average size of a 3 BHK in Karve Nagar is 1065 sq ft.

What is the rent of a 3 BHK in Karve Nagar?

The rent of a 3 BHK in Karve Nagar ranges from Rs. 27,500 to Rs. 45,500 per month.

How much does a 4 BHK cost in Karve Nagar?

4 BHK in Karve Nagar cost ranges from Rs. 2 Crore to Rs. 3.6 Crore.

What is the average size of a 4 BHK in Karve Nagar?

The average size of a 4 BHK in Karve Nagar is 1651 sq ft.

What is the rent of a 4 BHK in Karve Nagar?

The rent of a 4 BHK in Karve Nagar costs around Rs. 1 Lakh.

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