Pune's Viman Nagar Is A Residential Hotspot. Here's Why

Eastern corridor of Pune is home to some of the most promising residential real estate markets. Apart from locations like Kalyani Nagar, Hadapsar, Mundhwa and Kharadi, Viman Nagar is an emerging destination which has recently been gaining the attention of the homebuyers. Earlier known as Dunkirk Lines, the area is popular mainly for the presence of a military airbase and the city's international airport. 

PropGuide takes a look at the key growth drivers for Viman Nagar:

Well-connected via rail and road

The Pune Railway Station is the nearest from Viman Nagar and is located eight kilometres from the area. The destination is connected to other parts of Pune via Arterial Pune-Ahmednagar highway, also known as MH SH-27. International Airport is 0.5 kilometre away. Authorities have been working on the expansion of roads and recently proposed new airport road in the area which has been a relief for several commuters by reducing congestion. Other promising localities of the city like Shastri Nagar, Wadgaon Sheri, Kharadi and Hadapsar are close to the locality. Public transportation is available in the form of PMPML bus services, cabs and autorickshaws as well as proposed metro network.  

Contemporary living experience

Reputed educational institutions like Symbiosis International University along with finest healthcare centres, plush hotels, shopping malls and important landmarks like Vimannagar Joggers Park, Phoenix Market City Mall and Aga Khan Palace truly justify the high liveability quotient of the locality. According to PropTiger.com, Viman Nagar enjoys a livability score of 9.2 on the scale of 10.

Viman Nagar has a range of housing options to match the requirements of all buyer-categories. This entails high-end villas, luxury projects, affordable projects as well as under-construction properties. Average property price in the area is Rs 7,945 per sq ft with 1BHK ranging from Rs 30 lakh to Rs 1.1 crore, 2BHK ranging from Rs 40 lakh to Rs 2.7 crore and 3BHK ranging between Rs 55 lakh to 5 crore. Availability of land plots has enhanced the investment potential of the area.

Proximity to IT and business hubs

Viman Nagar is one of the desired hubs for IT professionals as the area is in proximity to renowned corporate and IT parks viz. Panchsheel Tech Park, Weikfield and Giga Space. The neighbourhood will also be the address for a World Trade Centre Project which will boost the commercial segment of the realty market. The locality's proximity to Kalyani Nagar makes it a favourite among professionals working in BPOs and KPOs.

Variety of housing options

Villas, plots, luxury projects, under construction properties, ready-to-move-in flats in the affordable category are available in abundance. Siddhesh Group Optimus, Rohan Parijat 2, Vastu Buildcorp Nirvana Zen and Marvel Realtors Piazza are the key projects in the affordable housing segment. Kolte Patil 24K Giga, Marvel Realtors Piazza and Naiknavare Developers Eminence are some noteworthy upcoming luxury projects in Viman Nagar.