What Makes Pune's Wanowrie A Hot Real Estate Market

Wanowrie is turning out to be a dream destination for homebuyers seeking a good residential option in Pune. One of the oldest localities, Wanowrie is located 9.4 kilometres from the main city. It is known to be a plush residential area and is surrounded by other premium localities such as Hadapsar, Magarpatta, the Haveli Taluka, the Purandar Taluka and the Pimpri-Chinchwad Taluka. An attractive neighbourhood with all necessary social infrastructure and excellent transportation, Wanowrie is turning out to be a great growth spot in Pune real estate.

PropGuide finds out the prime factors responsible for making Pune's Wanowrie an up-and-coming real estate market:

Superb connectivity via road, rail and public transport

The National Institute of Bank Management (NIBM) Road and the Kedari Nagar Road provide smooth access to the locality. Buses run by the Maharashtra State Road Transport Corporation (MSRTC) facilitates the commuting experience of inhabitants of Wanowrie. Thus, the neighbouring regions like Kedari Nagar, Sayad Nagar, Fatima Nagar, Lulla Nagar, Mundhwa and Malwadi are well connected to Wanowrie. The nearest railway station is situated 7.4 kilometres from Wanowrie, and could be accessed via the Prince of Wales Road. You can reach the international airport from Wanowrie via the Pune-Nasik Highway.

The social infrastructure

As far as the social infrastructure goes, Wanowrie is well equipped.

Educational institutions: Kroot Memorial High School, Indus World School, Grace High School, Red Camel International School and Rosary International School.

Healthcare centres: Charitable Hospital, Nursing Home, Namdev Ganuji Shivarkar Hospital, Noble Hospital and Shivarkar Hospital.

Bank branches: Axis Bank, Oriental Bank of Commerce, SBI Bank and Bank of India.

The prices

Property prices in Wanowrie have jumped only 7.7 per cent in the past 41 months. An apartment in Wanowrie can be purchased between Rs 4,800 per sq ft to Rs 8,500 per sq ft, depending on its category.

 Proximity to landmarks

The popularity of the locality is also driven by its proximity with commercial establishment such as the NIBM and historical buildings like Shinde Chhatri.