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Top 21 New Residential Projects in Nibm, Pune

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About NIBM, Pune

NIBM is a sought-after locality in the city's southern part, adjacent to Kondhwa, Kausar Baugh, and Salunkhe Vihar Society. Spanning approximately 7.22 km², NIBM boasts a population density of 12,880 individuals per km², with a balanced male-to-female ratio.

This suburban area offers a mix of residential apartments and independent houses, catering to varied accommodation needs. NIBM is renowned for its connectivity via NIBM Road, linking it to major parts of South Pune and proximity to prominent employment hubs like Cybercity and SP Info City within a 10 km radius.

Attractions in and around NIBM include the Anand Van Reserve Forest and Mahadji Shinde Chhatri, appealing to nature enthusiasts. The locality is favoured for its diverse housing options, from affordable to premium segments, facilitated by renowned developers. With the ease of access to NH-60 and NH-65, NIBM ensures seamless connectivity to neighbouring areas like Swargate, Kharadi, and Koregaon Park.

Why Should You Invest in NIBM?

NIBM boasts an impressive average price for flats, starting at Rs. 6,800 per square foot. The average price has appreciated 14.6%, and NIBM has a rental yield of 5.2%. This 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 Lodha Group, Kundan Spaces, Tribeca Developers, K Raheja Corp, Goel Ganga Group, and Mjaestique Landmarks, providing confidence to potential investors.

Price Trends in NIBM, Pune

Here is statistical data to understand the price trends in NIBM, Pune:

Year Price/Sq ft
2019 Rs. 5,850
2020 Rs. 5,900
2021 Rs. 6,400
2022 Rs. 7,100
2023 Rs. 7,100
2024 Rs. 6,800

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 NIBM, Thane

1: Seamless Connectivity

  • NIBM Road, a major thoroughfare in the locale, ensures good road connectivity to other parts of South Pune.
  • Cybercity and SP Info City are located within a 10-km radius of NIBM and serve as major employment hubs.
  • Industrial estates in Mundhwa and Ramtekadi are 7-8 km from NIBM via Vithal Road and Shivarkar Road.
  • Locale is well connected via arterial roads such as NH-60 (Pune-Bangalore Highway) and NH-65.
  • NIBM is about 8 km from Pune Junction Railway Station via Mohammadwadi Road.
  • Pune International Airport is located at a distance of 14 km from NIBM via Airport Road.

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
K J College of Engineering Lifeline Hospital Barbeque Nation
Joseph Convent School Satyanand Hospital Adda by SRN
Sankalp English Medium School Sana Hospital Shifu's NIBM
Marathon International School and Junior College Arcus Hospital Beto's Bar and Kitchen
Sinhgad College of Commerce MH CTC Hospital Levitate NIBM

3: Major Tourist Attractions

  • Anand Van Reserve Forest
  • Mahadji Shinde Chhatri
  • Lal Mahal
  • Aga Khan Palace
  • Hill View Point
  • Taljai Hills

4: Stunning Residential Projects

5: A Thriving Commercial Zone

  • Cybercity and SP Info City are located within a 10 km radius, serving as major employment hubs near NIBM
  • Industrial estates in Mundhwa and Ramtekadi are 7-8 km from NIBM via Vithal Road and Shivarkar Road.

FAQs

What is the PIN code of NIBM?

The PIN code of NIBM is 411048. It is situated in Pune, Maharashtra.

What is NIBM famous for?

NIBM is renowned for its strategic location in Pune, Maharashtra. It is famous for attractions like Lal Mahal, Aga Khan Palace, Hill View Point and Taljai Hills. Additionally, the area is known for its vibrant residential projects and connectivity to major roadways and transport hubs like Hadapsar Railway Station.

Is NIBM a good place to live?

NIBM is an excellent residential option with ready-to-move-in projects. It is near prestigious schools like Sanskriti School, Ryan International, and Boston World School, as well as healthcare facilities like Satyanand Hospital, Arcus Hospital, MH CTC Hospital, and Command Hospital.

The strategic location ensures convenient transportation, and nearby malls like Royal Heritage Mall, Clover Hills Plaza, and Lighthouse Mall and green spaces like Nehru Park, Shaheed Abdul Hameed Park and Vijay Park make NIBM an excellent place to call home.

What is the future of NIBM?

The future of NIBM looks promising, driven by ongoing residential projects like the Lodha Bella Vitta, Kundan Presidia, Tribecca The Ark, Raheja Sterling, Ganga Xtra Life and Majestique Ephelia which enhance its growth and residents' quality of life. Furthermore, the proposed Navi Mumbai International Airport (27.5 km) and the proposed Metro connectivity, planned on Line 4 of Mumbai Metro, are expected to thrive and boost the locality’s economy.

What are the current developments in NIBM?

What are the top schools in NIBM?

  • Joseph Convent School
  • Sankalp English Medium School
  • City World School
  • Saint Mary's High School
  • Bishop's School

What are the top hospitals in NIBM?

  • Apex Multispeciality & Maternity Hospital
  • Satyanand Hospital
  • Sana Hospital
  • Care Hospital Multispeciality
  • MH CTC Hospital

What are the best restaurants in NIBM?

  • Barbeque Nation
  • Levitate NIBM
  • Beto's Bar and Kitchen
  • Shifu's NIBM
  • The Silent Partner

What are the petrol stations in NIBM?

  • HP Petrol Pump
  • Bharat Petroleum
  • Indian Oil

What are the top gyms in NIBM?

  • MuscleBar NIBM
  • Olympia Fitness Unisex Gym
  • Aesthetics Fitness
  • Gold's Gym
  • Warrior Fitness Gym

What are the top hotels in NIBM?

  • The Corinthians Resort and Club
  • LP Regency
  • Hotel Tattva Suites
  • Cocoon Hotel
  • Amanora The Fern
  • The Grand Tulip

What are the parks in NIBM?

  • Nehru Park
  • Shaheed Abdul Hameed Park
  • Vijay Park
  • Shri Guru Nanak Dev Ji Udyaan
  • Ujwal Park

What are the top attractions in NIBM?

  • Anand Van Reserve Forest
  • Mahadji Shinde Chhatri
  • Lal Mahal
  • Aga Khan Palace
  • Hill View Point
  • Taljai Hills

How much does a 1 BHK cost in NIBM?

1 BHK in NIBM costs in the range of Rs. 17 Lakh to Rs. 44 Lakh.

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

The average size of a 1 BHK in NIBM is 451 sq ft.

What is the rent of a 1 BHK in NIBM?

The rent of 1 BHK in NIBM is around Rs. 7,500 to Rs. 15,000 per month.

How much does a 2 BHK cost in NIBM?

2 BHK in NIBM costs in the range of Rs. 48.2 Lakh to Rs. 97.6 Lakh.

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

The average size of a 2 BHK in NIBM is around 970 sq ft.

What is the rent of a 2 BHK in NIBM?

The rent of 2 BHK in NIBM is Rs. 12,500 to Rs. 30,500 per month.

How much does a 3 BHK cost in NIBM?

3 BHK flats in NIBM cost around Rs. 87.5 Lakh to Rs. 2.41 Crore.

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

The average size of a 3 BHK in NIBM is 1274 sq ft.

What is the rent of a 3 BHK in NIBM?

The rent of 3 BHK in NIBM is Rs. 24,500 to Rs. 60,000 per month.

How much does a 4 BHK cost in NIBM?

4 BHK flats in NIBM cost in the range of Rs. 1.65 Crore - 4.25 Crore.

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

The average size of a 4 BHK in NIBM is in the range of 2100 sq ft.

What is the rent of a 4 BHK in NIBM?

The rent of a 4 BHK in NIBM ranges from Rs 47,500 to Rs 90,500 per month.

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