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Top 21 New Residential Projects in Shivaji Nagar, Pune

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About Shivaji Nagar, Pune

Shivaji Nagar, Pune, is a bustling residential area surrounded by prominent localities like Aundh, Bhosalenagar, Navipeth, and Erandwane. With a population of 141,086, comprising 72,610 males and 68,476 females, the locality spans approximately 7.36 square kilometres.

Shivaji Nagar is home to various attractions, including Vishrambaug Wada, Raja Dinkar Kelkar Museum, Lal Mahal, and renowned educational institutes like P.E.S Modern English Medium High School and Chandrakant Darode School.

In terms of residential offerings, Shivaji Nagar predominantly features 2, 3, and 4 BHK apartments, constituting 63% of the real estate landscape, with occasional availability of 1 BHK units. This locality is highly sought after due to its growing real estate market and proximity to major employment hubs and social amenities.

Why Should You Invest in Shivaji Nagar?

With an average price of Rs. 16,900 per sq. ft for apartments and a net capital appreciation of around 46.8%, the area showcases a thriving real estate market. Additionally, it is surrounded by JM Road, Ghole Road and Revenue Colony, which offer flats in a similar price range, enhancing the appeal for those seeking diverse housing options within a specific budget range.

Renowned developers in the area, including Nirman Developers, Prime Priorities, Gangotree Homes, Swojas Group, and Aditya Properties, add allure to the region's credibility and desirability. These projects reflect a commitment to quality construction and offer various residential choices.

Price Trends of Property in Shivaji Nagar

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

Year Price/Sq ft
2019 Rs. 12,750
2020 Rs. 11,450
2021 Rs. 14,700
2022 Rs. 15,100
2023 Rs. 16,100
2024 Rs. 16,900

Disclaimer: The prices mentioned above 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 Shivaji Nagar

1: Great Connectivity

  • MH SH144 and Old Mumbai Pune Highway run through this area, connecting to major parts of the country.
  • MSRTC (Maharashtra State Road Transport Corporation) buses provide good connectivity to the cities around Maharashtra, while PMPML (Pune Mahanagar Parivahan Mahamandal Ltd) local buses run frequently from this area.
  • Shivaji Nagar has its railway station, while Pune International Airport is just 13 km away and can be reached via Airport Road.
  • Important road links include University Road, KB Joshi Path, Fergusson College Road, Mula Road and Ghole Road.

2: Best Infrastructure

Shivaji Nagar 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
Vidya Bhavan School and Jr College Dalvi Hospital Little Italy Restaurant
Modern English Medium Boy's School Deccan Multispeciality Hardikar Hospital Shidori Restaurant
St Francis School ONP Hospital Shahi Bhoj Thali Restaurant
P.E.S Modern English Medium High School Sancheti Hospital Chirp - Eat. Play. Work
Chandrakant Darode School Dr Karve Children's Hospital Pop Tate's

3: Top Residential Projects

4: Major Tourist Spots

  • Mahatma Phule Museum
  • Pataleshwar Caves
  • Vishrambaug Wada
  • Raja Dinkar Kelkar Museum
  • Lal Mahal

5: Presence of Industrial Estates

  • Platinum Tech Park (400m), BNY Mellon Innovation Centre (11 km), ICC Devi Gaurav Technology Park (12 km), and Cluster A, EON IT Park (14 km) are numerous tech parks that are in proximity to this area.
  • Hadapsar is 12 km through the Mumbai Highway, Kharadi is 14 km via Pune - Ahmednagar Highway, while Hinjewadi/Hinjawadi is 15 km via Aundh Road.
  • Bavdhan and Chandni Chowk, popular commercial hubs, are 12 km away, while Kothrud is just 9 km away.

FAQs

What is the PIN code of Shivaji Nagar?

The PIN code of Shivaji Nagar is 411005. It is situated in Pune, Maharashtra.

What is Shivaji Nagar famous for?

Shivaji Nagar, Pune, is renowned for its vibrant residential landscape, with prominent localities like Aundh, Bhosalenagar, and Erandwane nearby. It's known for landmarks such as Bowring and Curzon Hospital, Russel Market (built in 1927), and top educational institutions like Vidya Bhavan School and St Francis School.

Is Shivaji Nagar a good place to live?

Shivaji Nagar is a highly desirable residential locale, offering a range of housing options like Nirman Vishnubaug, Prime Chintamani and Gangotree Chandrahas. This locality is near renowned healthcare institutions like Deccan Hardikar Hospital, Sahyadri Super Speciality Hospital and KEM Hospital. Esteemed schools such as BVB's Sulochana Natu Vidya Mandir, St Francis School, P.E.S Modern English Medium High School, and Chandrakant Darode School are nearby. For shopping enthusiasts, Deccan 99 Mall, The Pavillion, Pune Central Mall and Imperial Mall cater to diverse needs, enhancing Shivaji Nagar's overall appeal as a fantastic residence place.

What is the future of Shivaji Nagar?

The future of Shivaji Nagar looks promising. A new proposed MSRTC Bus Stand will be operational by 2024. The locality has a rental market with a rental yield of 3.5%. Thus, new and upcoming projects like Swojas Advait and Aditya Galaxy are poised to contribute to the locality's appeal to residents.

What are the top schools in Shivaji Nagar?

  • BVB'S Sulochana Natu Vidya Mandir
  • St Francis School
  • P.E.S Modern English Medium High School
  • Chandrakant Darode School
  • Vidya Vardhini English Medium School

What are the top hospitals in Shivaji Nagar?

  • Dalvi Hospital
  • Deccan Multispeciality Hardikar Hospital
  • Sancheti Hospital
  • Dr Karve Children's Hospital
  • Bapat Hospital
  • Pungliya Tepan Memorial Hospital

What are the best restaurants in Shivaji Nagar?

  • Little Italy Restaurant
  • Pop Tate's
  • Sudhama Garden
  • Chirp - Eat. Play. Work.
  • Shahi Bhoj Thali Restaurant
  • Mad Over Donuts

What are the best petrol pumps in Shivaji Nagar?

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

What are the top gyms in Shivaji Nagar?

  • Cult
  • Abs Fitness
  • GT Fitness Club
  • Brahma Fitness
  • The D's Dynamic Fitness

What are the shopping malls in Shivaji Nagar?

  • Deccan 99 Mall
  • The Pavillion
  • Pune Central Mall
  • Imperial Mall

What are the top hotels in Shivaji Nagar?

  • The Pride Hotel
  • JW Marriott Hotel
  • Ramee Grand Hotel
  • Tarawade Clarks Inn
  • Hotel Ambience

What are the parks in Shivaji Nagar?

  • Lakaki Park
  • Pankuwar Firodia Park
  • Pimple Saudagar Linear Garden
  • Dinosaur Garden
  • Bird Valley Udyan
  • Rajiv Gandhi Zoological Park

What are the top attractions in Shivaji Nagar?

  • Mahatma Phule Museum
  • Pataleshwar Caves
  • Vishrambaug Wada
  • Tambdi Jogeshwari Temple
  • Raja Dinkar Kelkar Museum
  • Lal Mahal

How much does a 1 BHK cost in Shivaji Nagar?

1 BHK in Shivaji Nagar costs in the range of Rs. 40 Lakh to Rs. 1.16 Crore.

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

The average size of a 1 BHK in Shivaji Nagar is 300 sq ft to 350 sq ft.

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

The rent of 1 BHK in Shivaji Nagar lies in the range of Rs. 6,500 to Rs. 15,500 per month.

How much does a 2 BHK cost in Shivaji Nagar?

2 BHK in Shivaji Nagar costs in the range of Rs. 1.40 Crore to Rs. 2.71 Crore.

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

The average size of a 2 BHK in Shivaji Nagar is 960 sq ft.

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

The rent of 2 BHK in Shivaji Nagar ranges from Rs. 30,000 to Rs. 42,000 per month.

How much does a 3 BHK cost in Shivaji Nagar?

3 BHK in Shivaji Nagar costs in the range of Rs. 2 Crore to Rs. 4 Crore.

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

The average size of a 3 BHK in Shivaji Nagar is 1246 sq ft.

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

The rent of 3 BHK in Shivaji Nagar lies in the range of Rs. 45,500 to Rs. 65,500 per month.

How much does a 4 BHK cost in Shivaji Nagar?

4 BHK flats in Shivaji Nagar cost in the range of Rs. 3.15 Crore to Rs. 6.27 Crore.

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

The average size of a 4 BHK in Shivaji Nagar is 1979 sq. ft.

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

The rent of 4 BHK in Shivaji Nagar lies in the range of Rs. 95,000 to Rs. 1.5 Lakh per month.

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