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Flats Under 70 Lakh for sale in Malwadi Hadapsar, Hadapsar, Pune
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About Properties In Malwadi, Hadapsar, Pune for Sale
Overview of Hadapsar
- Hadapsar is a mid-segment locality situated in the southeastern part of .
- Hadapsar is a suburban locality that comes under the Municipal Corporation.
- Manjri, Mundhwa, Keshav Nagar, and Kasarwadi are the localities near Hadapsar.
- The NH65 Mumbai Hyderabad National Highway passes through the locality. This highway connects to Solapur.
- Major IT corridors and industrial hubs of are close and well-connected to Hadapsar.
- Also, other important areas in such as Koregaon Park, Sangamvadi, Kalyani Nagar, Wadgaon Sheri, and Camp, are conveniently connected to the locality.
- Magarpatta, Amanora Park Town, Sasane Nagar, and Handewadi Road are some developed areas in the locality.
- Hadapsar preserves its serene beauty while providing a rapidly urbanising infrastructure.
- Hadapsar has good infrastructure and excellent employment opportunities. Thus, it is highly sought after by professionals.
- It is a self-sufficient locality since it has various corporate offices in-house.
- Hadapsar offers dynamic residential housing options. From affordable cosy homes to lavish premium apartments and villas, all kinds of properties are found here.
- Tenants prefer this locality since it has a number of job opportunities nearby. Due to this, investors also benefit from a good rental demand for their properties.
- So families and professionals seeking a balanced work-life culture are drawn to this locality.
- The pincode of Hadapsar is 411028.
Hadapsar Residential Market Insights
- The average property price in Hadapsar ranges from ₹ 10,000 to ₹ 13,000 per sq. ft.
- The average price of a 1 BHK in Hadapsar is around ₹ 28 lakh to ₹ 60 lakh.
- The average price of a 2 BHK in Hadapsar is around ₹ 57 lakh to ₹ 1.5 crore.
- The average price of a 3 BHK in Hadapsar is around ₹ 1.5 crore to ₹ 2.7 crore.
- The average price of a 4 BHK in Hadapsar is around ₹ 2.55 crore to ₹ 5.8 crore.
- The average price of a 5 BHK in Hadapsar is around ₹ 2.3 crore to ₹ 6.2 crore.
- The average rental price in Hadapsar ranges from ₹ 23,000 to ₹ 40,000 monthly or more.
- The average price of land plots in Hadapsar ranges from ₹ 15 lakh to ₹ 4.8 crore.
- Hadapsar mainly offers mid-segment to upscale residential properties.
- Affordable houses, premium apartments, villas, independent floor apartments, and plots are also available here.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- These properties are available in both ready-to-move as well as under construction conditions.
- Several reputed builders and developers have a presence in Hadapsar.
Connectivity and Transport In Hadapsar
- Hadapsar enjoys good railway and road connectivity. It has a dedicated Hadapsar Railway station on the Mumbai - Chennai Line to allow seamless connectivity.
- Other than that, Saswad Road Railway Station, Ghorpuri Railway Station, and Manjari Budruk Railway Station are the nearest railway connections that link it to the rest of the city.
- The locality is around 8 km from the central city of .
- The Junction railway station is also hardly 8 to 9 km from the locality.
- Hadapsar is well-connected to major areas of such as Camp, Koregaon Park, and Kharadi.
- The Solapur Road (NH65), Magarpatta Road (SH27), Handewadi Road, Mumbai-Expressway, Hadapsar-Kharadi Bypass Road, and the Mundhwa-Kharadi Road are key highways and internal roads that improve connectivity to Hadapsar.
- The PMPL local bus network provides easy and affordable public transportation within the city.
- Also, public transport options such as auto rickshaws and private cabs are easily available here.
- Hadapsar has increased its appeal in the real estate market due to excellent connectivity with the neighbouring areas and within the city. This makes the locality a prime location and a sought-after destination for investors and buyers alike.
Social Infrastructure In Hadapsar
- Hadapsar is a rapidly developing locality with good infrastructure amenities and social facilities. This makes it attractive in the residential market.
- Some reputed schools, such as Wisdom World School, GIIS, Amanora School, and Pawar Public School, are present in the locality.
- Noble Hospital, Sahyadri Super Specialty Hospital, and Villoo Poonawalla Memorial Hospital are some notable hospitals that offer excellent healthcare facilities.
- Seasons Mall and Amanora Mall are the prominent shopping complexes in the locality.
Employment Opportunities In Hadapsar
- Hadapsar is a strategically located employment hub in .
- Several commercial complexes and tech parks are present in the locality. Cybercity Magarpatta, SP Infocity, EON Free Zone, and Commerzone IT Park are some of them.
- These IT zones are home to some top-notch corporate companies and IT companies such as HCL, Accenture, Mphasis, Capgemini, IBM, and Tata Consultancy Services (TCS).
- Hadapsar also hosts some industrial hotspots such as Hadapsar Industrial Estate, Mundhwa Industrial Area, and Ramtekdi Industrial Area. These areas make the locality an industrial centre in the city.
- Hadapsar is rapidly turning into an economic hotspot due to the presence of these industrial areas, corporate offices, and IT companies.
Lifestyle In Hadapsar
- Hadapsar enjoys a cosmopolitan environment with an abundance of commercial potential, luxury, and growth opportunities.
- Due to this, the locality provides the residents with a lavish and urbanised lifestyle.
- Moreover, due to its excellent connectivity, the vast range of housing options in both affordable and premium ranges has led to the urbanisation of Hadapsar.
- Hadapsar is home to some prestigious malls, multiplexes, high-end restaurants, cafes and retail hotspots. This makes the locality a hotspot for entertainment as well as shopping.
- The Amanora Fern and The Corinthians Resort are the popular premium stays in Hadapsar. These high-scale hotels provide excellent facilities and a luxurious experience.
- Hadapsar is well known for the Mastani talav. This popular tourist spot has historical importance from the Peshwa dynasty .
- The Hard Rock cafe in Amanora Mall is a well-known clubbing bar popular for its American cuisine and live music.
- The Solapur Road, close to the locality, offers a vibrant street food experience for the locals and street food lovers.
Safety and Security In Hadapsar
- Hadapsar has its own police station in the vicinity to ensure the complete safety of the residents.
- This locality is developing, so it has implemented modern security measures such as CCTV surveillance and intercoms in residential areas.
- Traffic police, CCTV cameras, and traffic signals ensure traffic control in the locality.
- Fire safety measures like fire extinguishers and alarms are set up in the locality.
- Constant police patrolling is done to avoid any illegal activities in the area.
Development and Future Prospects In Hadapsar
- The planned extension of Metro Line 3 to Hadapsar and the potential extension of Line 5 will enhance public transportation and provide easy access to key areas.
- Hadapsar is said to have a dedicated station on the Khadakwasla-Kharadi Metro Line. This will give a boost to the connectivity of this locality to neighbouring areas.
- The construction of Ring Road will help ease traffic congestion and improve overall accessibility to and from Hadapsar.
- The NH965 is planned to be widened. This will reduce traffic congestion in and around the locality, providing smooth transportation.
- The metro projects, widening of roads, vast growing urbanisation, improving employment opportunities, and infrastructure developments will further increase the appeal of Hadapsar in the real estate market for residential properties
Culture and Community in Hadapsar
- Hadapsar preserves its cultural significance through numerous temples and cultural sites serving as local worship and social gathering centres.
- Hadapsar witnesses the auspicious Sant Dnyaneshwar and Sant Tukaram palkhee every year. The cultural vaari passes through the locality annually.
- The ancient temple of Kanifnath is a popular site of religious importance. Along with that, it also has architectural significance.
- The Theur Ganpati pilgrimage site is close to Hadapsar. This temple is one of the auspicious Ashtavinayak Ganpati. One can easily reach the temple through this locality.
- Other than that, Hadapsar is also home to cultural centres such as Shree Majisa Mata Rani Bhatiyani Dham, Bhuleshwar Temple, Pataleshwar Cave Temple, and Mahadji Shinde Chhatri.
- The popular Raja Dinkar Kelkar Museum and Shanivar Wala are hardly 40 minutes away from Hadapsar.
Environmental factors in Hadapsar
- Hadapsar, being an urban and developed locality, still preserves its peaceful green surroundings. Thus, it is a perfect mix of serenity and convenience and a good place to live in.
- The locality presents well-maintained parks that are kept clean and hygienic, contributing to a pleasant environment for the public.
- Popular serene spots such as Mastani talav, the Empress Botanical Garden, and Aditi Garden are present in the locality. These parks allow the residents to enjoy a relaxing environment with greenery, scenic beauty, recreational activities, and jogging tracks.
- Various schools in Hadapsar are incorporating green initiatives such as tree plantation drives to enhance biodiversity and improve the air quality.
- Hadapsar has a rapidly growing real estate. So the new residential and commercial projects in the locality are focusing on building environmentally friendly and sustainable facilities for the residents.
- These environmentally friendly complexes include green zones and open spaces in the area for recreational activities, evening strolls, and open gyms.
- The Amanora Park township initiative promotes sustainable living with features such as rainwater harvesting and solar power.
- Hadapsar is close to the popular Mayureshwar Wildlife Sanctuary, which protects and preserves diverse species of birds, thereby preserving the biodiversity.
Flat Configuration in Hadapsar
- Hadapsar offers a range of 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 5 BHK properties.
- These properties are available in both under construction and ready-to-move conditions.
- 2 BHK properties are in great demand in Hadapsar.
- Hadapsar mainly has premium and mid-segment housing properties. But it also offers some flats at affordable rates.
- Apart from that, other properties like independent floor apartments, villas, and land plots are also quite popular here.
Property Price Growth in Hadapsar
- Hadapsar has experienced consistent price growth of up to nearly 28% over the last five years.
- There has been a 29% property price appreciation over the last three years.
- The YOY property price growth in Hadapsar has been around 21%.
- Also, a rental yield of around 4% has been achieved due to an increased demand for rental properties.
- Due to rapid development and urbanization, Hadapsar is expected to experience consistent price growth in the near future.
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