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About Mahalunge, Pune
Mahalunge, Pune, is adjacent to prominent localities such as Baner, Hinjewadi, and Balewadi. Boasting a population of 21,809 residents across a 6.03 square kilometre area, Mahalunge offers a burgeoning residential landscape primarily dominated by 1, 2, and 3 BHK apartments.
The locality's appeal lies in its proximity to the thriving IT hubs of Hinjewadi and Wakad, driving housing demand. Furthermore, the Shree Shiv Chhatrapati Krida Sankul and Pune-Okayama Friendship Garden are notable attractions. Major roads like Baner Road and Mahalunge-Nande Road ensure seamless travel within the locality and to nearby employment centres.
Pune Junction Railway Station is approximately 14 km away, while Pune International Airport is easily accessible. This enhances Mahalunge's allure as a prime residential destination in northwest Pune.
Why Should You Invest in Mahalunge?
Mahalunge boasts an impressive average price for flats, Rs. 8,450 per square foot. This average price has appreciated 41.6%, and Mahalunge has a rental yield of 3.2% in the last five years. So, the thriving rental market makes it attractive for investors seeking property appreciation and rental income.
The locality stands out due to the active involvement of renowned developers such as Godrej Properties, VTP Realty, Balaji Realty, and Saarrthi Group, which provides confidence to potential investors.
Price Trends in Mahalunge, Pune
Here is statistical data to understand the price trends in Mahalunge, Pune:
| Year | Price/Sq ft |
|---|---|
| 2019 | Rs. 6,000 |
| 2020 | Rs. 6,300 |
| 2021 | Rs. 6,950 |
| 2022 | Rs. 7,350 |
| 2023 | Rs. 8,450 |
| 2024 | Rs. 8,450 |
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 Mahalunge, Pune
1: Seamless Connectivity
- Mumbai Highway (NH-48) acts as a bypass and provides quick connectivity.
- Baner Road connects Mahalunge with well-known areas towards the city centre.
- The buses operated by Pune Mahanagar Parivahan Mahamandal Limited (PMPML) offer convenient public transportation within the city.
- Pune Junction railway station (14 km) and Pune International Airport (20.7 km) make travelling convenient.
2: Excellent Infrastructure
The presence of reputed schools, well-equipped hospitals, and diverse restaurants enhances residents' overall quality of life. Some of them are listed below:
| Leading Schools | Renowned Health Centres | Eating Zones |
|---|---|---|
| Mohol High School | Deenanath Mangeshkar Hospital | Sindhu Wadewale |
| Global International School | Accord Multi-Specialty Hospital | Boulevard |
| Pict Model School | Surya Mother And Child Care Superspeciality Hospital | Radha Hotel |
| Vibgyor School | Jupiter Hospital | New Star Lunch Home & Biryani House |
| MITCON International School | Prime Hospital | Mangesh Hotel |
3: Major Tourist Attractions
- Shreemant Dagdusheth (13.3 km)
- Shaniwar Wada (13.3 km)
- Joshi's Museum of Miniature Railways (15 km)
4: Stunning Residential Projects
- Godrej Meadows 1
- Godrej Meadows 2
- VTP Aethereus-Blue Waters
- Balaji Raanwa
- Saarrthi Skybay III
- Godrej Hill Retreat
- VTP Leonara-BW
- VTP Belair-BW
5: A Thriving Commercial Zone
- Rajiv Gandhi Infotech Park, Hinjewadi, is nearly 11 km from Mahalunge and is accessible in 20-25 minutes via NH-48 and Hinjewadi-Wakad Road.
- It has a diverse range of business parks and corporate campuses, hosting renowned companies from IT/ITeS, biotechnology, and other industries.
- Companies such as Infosys, Cognizant, Persistent Systems, and Wipro operate from tech parks in Hinjewadi.
FAQs
What is the PIN code of Mahalunge?
The PIN code of Mahalunge is 410501. It is situated in Pune, Maharashtra.
What is Mahalunge famous for?
Mahalunge is renowned for its strategic location in the northwest part of Pune. Attractions like Shreemant Dagdusheth (13.3 km), Shaniwar Wada (13.3 km), and Joshi's Museum of Miniature Railways (15 km) add to its charm. Furthermore, the area is known for its vibrant residential projects and connectivity to major roadways and transport hubs like Pune Junction Railway Station.
Is Mahalunge a good place to live?
Mahalunge offers ready-to-move-in projects. It is near prestigious schools like Global International School, Pict Model School and Vibgyor School, and healthcare facilities like Deenanath Mangeshkar Hospital and Accord Multi-Specialty Hospital.
The strategic location ensures convenient transportation, and nearby malls like Westside, Golden Empire and Reliance Digital and green spaces like Sant Savatamali Udyan, Mhatoba Garden and Murkute Garden Children's Park make Mahalunge an excellent place to call home.
What is the future of Mahalunge?
The future of Mahalunge looks promising, driven by ongoing residential projects like Godrej Meadows 1, Godrej Meadows 2, VTP Aethereus-Blue Waters, Balaji Raanwa, and Saarrthi Skybay III, which provide quality of life. Furthermore, the proposed 23.3 km metro Line 3 (Hinjewadi Phase III - Civil Court) would have a station at Balewadi Stadium adjacent to Mahalunge.
What are the current developments in Mahalunge?
What are the top schools in Mahalunge?
- Podar International School
- Global Indian International School
- Vibgyor High International School
- Mohol High School
- Pict Model School
- MITCON International School
What are the top hospitals in Mahalunge?
- Deenanath Mangeshkar Hospital
- Sneh Hospitality Services Pvt. Ltd.
- Surya Mother And Child Care Superspeciality Hospital
- Jupiter Hospital
- Elite Healthcare Hospital
What are the best restaurants in Mahalunge?
- Sindhu Wadewale
- Mangesh Hotel
- New Star Lunch Home & Biryani House
- Radha Hotel
- Boulevard
- BottleRock
What are the petrol stations in Mahalunge?
- HP Petrol Pump
- Bharat Petroleum
- Indian Oil
- Sukhwani Petroleum
- Vishakha Petroleum
- BK Petroleum
What are the top gyms in Mahalunge?
- AV Fitness Studio & Gym
- J.N. Fitness & Yoga Center
- The Zone 360 Fitness
- Dynamo Fitness
- Primalbase Gyms
- Sky Fitness & Wellness
- WildFit
What are the top hotels in Mahalunge?
- The Orchid Hotel
- Lemon Tree Hotel
- Sayaji Hotel
- Hotel TipTop International
- Ramada Plaza
- Hilton Garden Inn
- Inventree Hotel
What are the parks in Mahalunge?
- Blue Ridge Walkers Park
- NIA Garden
- Sant Savatamali Udyan
- Mhatoba Garden
- Murkute Garden Children's Park
What are the top attractions in Mahalunge?
- Shreemant Dagdusheth
- Shaniwar Wada
- Joshi's Museum of Miniature Railways
How much does a 1 BHK cost in Mahalunge?
The cost of 1 BHK in Mahalunge ranges from Rs. 33 Lakh to 70 Lakh.
What is the average size of a 1 BHK in Mahalunge?
The size of a 1 BHK in Mahalunge ranges from 457 sq ft.
What is the rent of a 1 BHK in Mahalunge?
The rent of 1 BHK in Mahalunge is around Rs. 14,500 to Rs. 23,500 per month.
How much does a 2 BHK cost in Mahalunge?
The cost of 2 BHK in Mahalunge ranges from Rs. 65 Lakh to Rs. 92 Lakh.
What is the average size of a 2 BHK in Mahalunge?
The average size of a 2 BHK in Mahalunge is 740 sq. ft.
What is the rent of a 2 BHK in Mahalunge?
The rent of 2 BHK in Mahalunge is Rs. 18,500 to Rs. 35,500 per month.
How much does a 3 BHK cost in Mahalunge?
3 BHK flats in Mahalunge cost ranges from Rs. 93 Lakh to Rs. 2.41 Crore.
What is the average size of a 3 BHK in Mahalunge?
The average size of a 3 BHK in Mahalunge is 910 sq ft - 989 sq ft.
What is the rent of a 3 BHK in Mahalunge?
The rent of 3 BHK in Mahalunge is Rs. 23,500 to Rs. 38,500 per month.
How much does a 4 BHK cost in Mahalunge?
The cost of 4 BHK flats in Mahalunge ranges from Rs. 1.65 Crore to 3.6 Crore.
What is the average size of a 4 BHK in Mahalunge?
The average size of a 4 BHK in Mahalunge is in the range of 1689 sq ft - 2305 sq ft.
What is the rent of a 4 BHK in Mahalunge?
The rent of a 4 BHK in Mahalunge is approximately Rs. 85,500 per month.
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