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Punawale is a residential locality situated within the Pune Metropolitan Region. It is surrounded by posh neighbouring areas such as Wakad, Baner, Hinjewadi, Saudagar, Mamurdi, and Pimpri Chinchwad.
Despite its distance of 32 km from the city centre, Punawale enjoys excellent road connectivity, primarily due to its location along the Pune-Mumbai Expressway. This Expressway enhances the access to central and southern parts of Pune. Additionally, Punawale hosts several prominent business centres and corporate campuses, including Blue Ridge IT Park, Embassy Tech Zone, Embassy Quadron Business Park, Wipro Campus, and Infosys Campus.
The Punawale real estate market offers a mix of ready-to-move and under-construction units at budget-friendly prices compared to other Pune localities such as Koregaon Park, Kalyani Nagar, and Model Colony. With an average price of around Rs. 5,650 per sq ft and a rental yield of approximately 4.5%, it remains an attractive option for buyers and investors.
Furthermore, reputable developers such as Nexus Group, Pharande Spaces, Goyal Properties, and Bharat Developers instil trust and dependability among potential investors.
Here is statistical data to understand the price trends in Punawale, Pune:
Years | Price/Sq ft |
---|---|
2020 | Rs. 5,200 |
2021 | Rs. 5,400 |
2022 | Rs. 5,660 |
2023 | Rs. 5,550 |
2024 | Rs. 5,750 |
Disclaimer: All the prices mentioned above are based on the data collected from different sources and do not reflect the actual price. The above listed price may vary per the developer, location, and amenities.
Educational Facilities | Healthcare Facilities | Recreational Zones |
---|---|---|
Cambridge International School | Life Care Multispeciality Hospital | Adventure Kids Zone |
Little Stars English Medium School | Vatsalay Children's and Multispeciality Hospital | Gamers Town |
Sanjeevan Group of School | Life Care Clinic | Xo Gaming Zone |
Ankur Education Academy | Aditya Birla Memorial Hospital | Gayatri Game Zone Pvt Ltd |
Fort International Academy | Mauli Polyclinic | No Escape (Xion Mall) |
The PIN code for Punawale is 411033. It is located in Pune, Maharashtra.
Punawale is renowned for its tech parks like Blue Ridge IT Park, Embassy Tech Zone, and Wipro Campus. Furthermore, religious landmarks such as the Shri Govind Dham Temple and Mayuresh Ganesh Mandir enhance the allure of the locality.
Punawale is rich in social infrastructure, which makes it worthwhile for families and individuals. offers a plethora of amenities, including reputable medical facilities such as Punawale Multispeciality Hospital, and Life Care Multispeciality Hospital.
Educational institutions like Pimpri Chinchwad College Of Engineering and Indira College of Commerce and Science make it a preferred choice for students. Furthermore, it's seamless accessibility to various parts of the city via Pune-Mumbai Expressway makes it convenient for travelling.
The future of Punawale looks bright as the government has devised a waste management strategy that harnesses advanced technology to convert waste into coal-based fuel and other valuable products. These resources will be supplied to thermal plants across the state, aiming to effectively manage waste and promote sustainability.
1 BHK in Punawale costs in the range of Rs. 30.3 Lakh to Rs. 39.5 Lakh.
The size of a 1 BHK in Punawale ranges from 410 sq ft to 460 sq ft.
The rent of 1 BHK in Punawale lies in the range of Rs. 9,000 to 22,500 per month.
2 BHK in Punawale costs in the range of Rs. 48.5 Lakh to Rs. 77.5 Lakh.
The size of a 2 BHK in Punawale ranges between 660 sq ft to 1140 sq ft.
The rent of 2 BHK in Punawale lies in the range of Rs. 14,500 to Rs. 30,500 per month.
3 BHK flats in Punawale costs in the range of Rs. 70 Lakh to Rs. 1.14 Crore.
The average size of a 3 BHK in Punawale is 1170 sq ft.
The rent of 3 BHK in Punawale lies in the range of Rs. 20,500 to Rs. 32,500 per month.
4 BHK flats in Punawale costs in the range of Rs. 1.13 Crore to Rs. 2.24 Crore.
The average size of a 4 BHK in Punawale is 1900 sq ft.
The rent of 3 BHK in Punawale lies in the range of Rs. 28,000 to Rs. 45,000 per month.
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