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Vishrantwadi, a growing residential and commercial locality in the northern suburbs of Pune, is encircled by localities like Yerwada, Lohegaon, Khadki, and Alandi. The location possesses some major residential areas, including Mohanwadi, Pratik Nagar, and Kasturbawadi. Vishrantwadi is the centre of some major defence establishments such as the Research & Development Establishment, Bombay Engineering Group, Khadki military cantonment, GREF Centre, and Lohegaon Air Force station.
Boasting various key attractions like Blades of Glory Cricket Museum, Chhatrapati Shivaji Maharaj Museum of Indian History, and Lal Mahal, Vishrantwadi has become one of Pune's most sought-after investing options.
As a developing residential area in north Pune, Vishrantwadi is leveraging its social and infrastructural amenities, which has resulted in a 28% growth in property prices in the last five years. This price surge retains investors' attention and promises to generate remarkable revenue in the coming years.
Furthermore, Vishrantwadi has a higher demand for rental properties, which are now offering a 9% rental yield with an average monthly rental amount of Rs. 13,100 to Rs. 39,200 as a passive income.
Vishrantwad has witnessed notable price changes in properties in the last few years, which are mentioned in the table below:
Year | Average Price per Sqft |
---|---|
2020 | Rs. 6.700 |
2021 | Rs. 6,250 |
2022 | Rs. 6,250 |
2023 | Rs. 7,300 |
2024 | Rs. 8,100 |
Disclaimer: The prices are collected from different sources, and the table does not show the exact rates of the properties. The prices depend on localities, amenities, and developers.
Vishrantwadi delivers reliable residential properties with the best amenities. For example, the Mantra 29 Gold Coast is a mid-segment property developed by Mantra Properties that offers lucrative facilities, including High-Speed Elevators, a Meditation Zone, a Mud Playing Zone, a Solar Power Facility, a Senior Citizen Sitting Area, etc.
Vishrantwadi boasts prestigious institutions and popular recreational places, resulting in an investment surge in this location. The table mentions some top institutes and locations:
Educational Centres | Healthcare Centres | Recreational Places |
---|---|---|
Range Hills Secondary School | Vinod Memorial Multispeciality Hospital | Shoppers Orbit Mall |
Symbiosis International School | Kasturba General Hospital | Phoenix Market City |
VIBGYOR High School | Serene Hospital Pvt Ltd | Vascon Mariplex Mall |
St. Francis High School | Sahyadri Super Speciality Hospital | Glory Cricket Museum |
Janata High School | Kasturba Hospital | Chhatrapati Shivaji Maharaj Museum of Indian History |
The PIN Code of Vishrantwadi is 411015. It is situated in Pune, Maharashtra.
There is a historical interpretation of the name 'Vishrantwadi'. It is a Marathi name where Vishrant means 'rest', and Wadi means 'hamlet' or 'town'. This location was once a resting place for Varkaris, who made the annual pilgrimage from Alandi to Pandharpur in South Maharashtra on foot. Currently, Vishrantwadi is popular for being a centre of the Research & Development Establishment, Bombay Engineering Group, Khadki military cantonment, GREF Centre, and Lohegaon Air Force station.
Vishrantwadi is a well-connected location in the northern zone of Pune which serves an ample amount of commuting facilities via Alandi Road, Vishrantwadi Airport Road, Dhanori Road, Mahalaxmi bus stop, and Khadki railway station. Apart from robust connectivity, the area also fulfils the residents' social needs through Range Hills Secondary School, Symbiosis International School, VIBGYOR High School, Commerzone IT Park, Business Bay, Tech Park One, etc.
Vishrantwadi will see remarkable development in both local and international commutes. The upcoming flyover and grade separator at Ambedkar junction on Alandi Road will reduce traffic pressure. Pune International Airport's initiative of direct flights to America and Europe will add a feather to international connectivity in Vishrantwadi.
1 BHK flats in Vishrantwadi cost in the range of Rs. 38.5 Lakh to Rs. 45 Lakh.
The average size of a 1 BHK in Vishrantwadi is around 495 sq ft.
The rent of 1 BHK in Vishrantwadi lies in the range of Rs. 11,000 to Rs. 22,000 per month.
2 BHK flats in Vishrantwadi, cost in the range of Rs. 55.5 Lakh to Rs. 1.03 Crore.
The average size of a 2 BHK in Vishrantwadi is around 789 sq ft.
The rent of a 2 BHK in Vishrantwadi ranges from Rs. 19,000 to Rs. 34,000 per month.
3 BHK flats in Vishrantwadi cost in the range of Rs. 84 Lakh to Rs. 1.55 Crore.
The average size of a 3 BHK in Vishrantwadi is around 1255 sq ft.
The rent of a 3 BHK in Vishrantwadi ranges from Rs. 42,000 to Rs. 60,000 per month.
4 BHK flats in Vishrantwadi cost around Rs. 1.82 Crore.
The average size of a 4 BHK in Vishrantwadi is around 2010 sqft.
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