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Top 21 New Residential Projects in Somwar Peth, Pune

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About Somwar Peth, Pune

Somwar Peth is a strategically located locality in Pune, bordered by Kasba Peth, Shaniwar Peth, and Raviwar Peth. With a population of 15,301, this area spans approximately 0.43 square kilometres. It is a vibrant residential hub with convenient access to key attractions and amenities.

Key attractions nearby include the historic Shaniwar Wada, Raja Dinkar Kelkar Museum, Pataleshwar Caves, and Lal Mahal. Residents benefit from various schooling options, with notable institutions like SV Union Primary School and Saraswati Vidyalaya Union High School.

Somwar Peth presents an opportunity for affordable housing, with various ready-to-move apartments offered by local builders. Its central location and accessibility make it a sought-after residential choice in Pune.

Why Should You Invest in Somwar Peth?

With an average price of Rs. 8,700 per sq ft for apartments, Somwar Peth has witnessed a steady 5.09% appreciation of property values. Additionally, Rasta Peth, Mangalwar Peth, and Nana Peth are some of the key surrounding localities of Somwar Peth, which offer flats in a similar price range.

Leading developers like Suraj Builders add allure to the region's credibility and have made prominent marks with their top-notch developments.

Price Trends of Property in Somwar Peth

Here is the statistical data to understand the price trends of property in Somwar Peth, Pune:

Year Price/Sq ft
2022 Rs. 8,500
2023 Rs. 8,100
2024 Rs. 8,700

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 Somwar Peth

1: Seamless Connectivity

  • Somwar Peth is only 2 km from Pune Junction Railway Station on the Mumbai-Chennai Line via Dr Annie Besant Road.
  • Residents can reach Pune International Airport within 10 km via Airport Road.
  • Moledina Road, Jawaharlal Nehru Road and Mudaliar Road are key roads providing connectivity to the locale.
  • Pune Mahanagar Parivahan Mahamandal Ltd (PMPML) buses connect the locale to Katraj, Swargate, and Pune Railway Station.

2: Best Infrastructure

Below is a list of educational institutes, healthcare facilities, trendy restaurants, luxury hotels, and other recreational spots in Somwar Peth:

Educational Institutions Healthcare Facilities Eatery Spots
Bishop's School Kamla Nehru Hospital Ashok Restaurant
Agarkar High School for Girls Unique Hospital Hotel Peth Pujari
S.V. Union High School Kalekar Hospital & Clinic. Deccan Abortion Center Sudamache Pohe
Balvikas Shikshan Sanstha Prathmik Shala Todkar Hospital Maya's Kitchen
K.C. Thackeray - Vidya Niketan English Medium School Rathi Hospital Sudama Bhel

3: Top Residential Projects

Suraj Builders, based in Pune, is a well-known name in the real estate industry. They have built Suraj Vastu to cater to the intellectual community that seeks top-notch homes. Suraj Vastu is designed to provide an exceptional living experience for its residents. The residence offers various amenities, including a multipurpose hall, solar power, a jogging track, a kids' play area, rainwater harvesting, and beautiful visitor parking.

4: Nearest Commute Localities

The table below provides an overview of the approximate distance and commute time from Somwar Peth to some major nearby localities.

Locality Approx. Distance from Somwar Peth Commute Time from Somwar Peth
Rasta Peth 650 m 3 minutes
Shaniwar Peth 2.1 km 10 minutes
Somwar Peth 3.7 km 14 minutes
Swargate 3 km 12 minutes

5: Presence of Commercial Centers

  • Parvati Industrial Estate, Mavalankar Industrial Estate and Hadapsar Industrial Estate are at a distance of about 10 km.
  • Pune's prominent IT Hubs, such as Hadapsar and Kharadi, are within a 12-km radius of Somwar Peth.

FAQs

What is the PIN code of Somwar Peth?

The PIN code of Somwar Peth is 411011. It is situated in Pune, Maharashtra.

What is Somwar Peth famous for?

Somwar Peth is known for its convenient location near major roads like Moledina Road, Jawaharlal Nehru Road and Mudaliar Road. It offers easy access to nearby industrial hubs and essential amenities like schools, shopping centres, and healthcare facilities like the KEM Hospital, Samarth Hospital and Shama General Hospital. Additionally, it's renowned for its proximity to tourist attractions like Joshi's Museum Of Miniature Railways, Shaniwar Wada, Raja Dinkar Kelkar Museum, Pataleshwar Caves and Lal Mahal.

Is Somwar Peth a good place to live?

Yes, Somwar Peth is a desirable residential area in Pune, Maharashtra. It offers green spaces like Shree Chhatrapati Shahu Garden, Sai Park, and Swargiya Minatai Thackeray Udyan, as well as schools, including Agarkar High School for Girls, Rasta Peth High School, and Raja Dhanraaj Girji High School, all within proximity. Additionally, its accessibility to Pune International Airport, which is 10 kilometres away, adds to its appeal.

What is the future of Somwar Peth?

Somwar Peth holds significant historical and cultural landmarks like Apollo Theater, Mali Maharaj, Vishnu Temples, and Shahu Udyan. With the presence of key government offices like the Employment Office and Zilla Parishad Building, coupled with its rich heritage, Somwar Peth is likely to witness continued real estate growth of 5.09%, possibly inviting potential investors.

What are the top schools in Somwar Peth?

  • K.C. Thackeray - Vidya Niketan English Medium School
  • Agarkar High School for Girls
  • S.V. Union High School
  • Balvikas Shikshan Sanstha Prathmik Shala
  • Saraswati Vidyalaya Union Pre-Primary & Primary School

What are the top hospitals in Somwar Peth?

  • Unique Hospital
  • Kalekar Hospital & Clinic. Deccan Abortion Center
  • Todkar Hospital
  • Rathi Hospital
  • Samarth Hospital

What are the best restaurants in Somwar Peth?

  • Ashok Restaurant
  • Hotel Peth Pujari
  • Sudamache Pohe
  • Maya's Kitchen
  • Sudama Bhel

What are the petrol stations in Somwar Peth?

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

What are the top gyms in Somwar Peth?

  • Quality Fitness Club
  • P9 Fitness
  • Niwara Gym
  • Universal Gym
  • Planet Gym

What are the shopping malls in Somwar Peth?

  • Indraprastha
  • Tara Mall
  • Rainbow Plaza
  • The Pavillion
  • Kumar Pacific mall

What are the top hotels in Somwar Peth?

  • Shantai Hotel
  • Hotel Aurora Towers
  • The Grand Tulip
  • The Residency Club
  • The Central Park Hotel

What are the parks in Somwar Peth?

  • Shree Chhatrapati Shahu Garden
  • Sai Park
  • Swargiya Meenatai Thackeray Udyan

What are the top attractions in Somwar Peth?

  • Joshi's Museum Of Miniature Railways
  • Shaniwar Wada
  • Raja Dinkar Kelkar Museum
  • Pataleshwar Caves
  • Lal Mahal
  • Shree Trishunda Ganpati Mandir

How much does a 1 BHK cost in Somwar Peth?

The cost of 1 BHK in Somwar Peth ranges from Rs. 31 Lakh to Rs. 55.5 Lakh.

What is the average size of a 1 BHK in Somwar Peth?

The average size of a 1 BHK in Somwar Peth is 550 sq ft.

What is the rent of a 1 BHK in Somwar Peth?

The rent of a 1 BHK in Somwar Peth lies in the range of Rs. 10,500 to Rs. 25,000 per month.

How much does a 2 BHK cost in Somwar Peth?

2 BHK in Somwar Peth costs in the range of Rs. 70 Lakh to Rs. 1.06 Crore.

What is the average size of a 2 BHK in Somwar Peth?

The average size of a 2 BHK is between 724 sq ft.

What is the rent of a 2 BHK in Somwar Peth?

The rent of 2 BHK in Somwar Peth is around Rs 22,00 to Rs. 26,000 per month.

How much does a 3 BHK cost in Somwar Peth?

3 BHK in Somwar Peth costs in the range of Rs. 89 Lakh to Rs. 2 Crore.

What is the average size of a 3 BHK in Somwar Peth?

The average size of a 3 BHK in Somwar Peth is 1045 sq. ft.

What is the rent of a 3 BHK in Somwar Peth?

The rent of 3 BHK in Somwar Peth is around Rs 35,600 per month.

How much does a 4 BHK cost in Somwar Peth?

4 BHK flats in Somwar Peth cost around Rs. 2.52 Crore to Rs. 3.5 Crore.

What is the average size of a 4 BHK in Somwar Peth?

The average size of a 4 BHK in Somwar Peth is around 1950 sq. ft.

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