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Flats Under 70 Lakh for sale in Nr NIBM Road Mohammed Wadi, Mohammed Wadi, Pune
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About Properties In Nr NIBM Road, Mohammed Wadi, Pune for Sale
Overview of Mohammed Wadi
- Mohammed Wadi is a well-developed residential locality in the southern part of Pune City.
- Handewadi, Kad Nagar, Pisoli, Nyati Colony, Wanowrie, Undri, and Kondhwa are the localities near Mohammed Wadi.
- Mohammed Wadi is a strategically planned locality that offers high-end residential properties, modern infrastructure, and a serene environment.
- It is a rapidly developing locality in South Pune.
- Mohammed Wadi is close to prominent business hubs and offers premium apartments at reasonable prices. Due to this, the locality is an ideal location for investment in residential properties.
- The renowned Mohammed Wadi reserve is situated in this locality.
- The pincode of Mohammed Wadi is 411060.
Mohammed Wadi Residential Market Insights
- The average property price in Mohammed Wadi ranges from ₹ 7,000 to ₹ 10,000 per sq. ft.
- The average price of a 1 BHK apartment in Mohammed Wadi ranges from ₹ 40 lakh to ₹ 1.25 crore.
- The average price of a 2 BHK apartment in Mohammed Wadi ranges from ₹ 60 lakh to ₹ 1.5 crore.
- The average price of a 3 BHK apartment in Mohammed Wadi ranges from ₹ 1 crore to ₹ 1.9 crore.
- The average price of a 4 BHK apartment in Mohammed Wadi ranges from ₹ 2.1 crore to ₹ 4 crore.
- The average price of a 5 BHK apartment in Mohammed Wadi ranges from ₹ 2.5 crore to ₹ 4.3 crore.
- The average rental price in Mohammed Wadi ranges from ₹ 20,000 to ₹ 60,000 monthly or more.
- The average price of land plots in Mohammed Wadi ranges from ₹ 6,000 to ₹ 8,000 per sq ft.
- Mohammed Wadi 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 Mohammed Wad
Connectivity and Transport In Mohammed Wadi
- Mohammed Wadi enjoys excellent road and railway connectivity.
- The Saswad Road railway station, being at 6 km, is the nearest railway connection to Mohammed Wadi.
- The Indira Vasahat railway station also provides railway connectivity to Mohammed Wadi.
- Moreover, the prominent Pune Junction Railway Station is also close to the locality.
- Major highways such as NIBM Road, Hadapsar Road, Mumbai-Bangalore Highway, Kondhwa-Katraj Bypass, Pune-Solapur Road, Kondhwa-Saswad Road, Mohammed Wadi Main Road, and Pisoli Road offer excellent roadway connectivity to the locality.
- The NIBM is a prime highway near the locality, which connects to major hotspots such as Pune Railway Station, Pune International Airport, and Pune bus depot.
- The Pune International Airport is around 15 km away from Mohammed Wadi. It is easily accessible through the New Airport Road.
- The PMPL bus network provides seamless public transportation within the city.
Social Infrastructure In Mohammed Wadi
- Mohammed Wadi is a rapidly urbanising locality with modern infrastructure facilities available for its residents. It is well equipped with high-end medical facilities, educational centres, retail services, and entertainment hubs. Hence, it is a good place to live in.
- Renowned schools and colleges, such as Tarawade Public School, Delhi Public School, VIBGYOR High, Podar International School, JSPM Group of Institutes, Vishwakarma College of Arts, Commerce and Science, New English School & Junior College, etc., offer exceptional educational facilities to the residents.
- Chhatrapati Shahu Maharaj Hospital, Ruby Hall Clinic, Aadhar Hospital, Chhaya Hospital, Lifeline Hospital, Get Well Multispeciality Hospital, etc., are some of the reputed healthcare centres that provide well-equipped facilities in the locality.
- Mohammed Wadi has several premium shopping malls in and around it. Royal Heritage Mall, CRU Mall, Seasons Mall, and Bizzbay Mall are some of them.
- The locality has a vast range of retail shops, grocery stores, general stores, local markets, and supermarkets to cater to the essential needs of its residents.
Employment Opportunities In Mohammed Wadi
- Mohammed Wadi is known for its close proximity to major business centres, IT hubs, and commercial complexes in the city of Pune.
- The locality is less than 10 km away from the prominent IT zones such as Hadapsar, Magarpatta, SP Infocity, and Phursungi.
- Major IT parks such as I-Space IT Park, Symphony IT Park, Matrix IT Park, Commerzone IT Park, etc., are also within 20 km of Mohammed Wadi.
- Proximity to these important commercial areas gives rise to employment opportunities. Due to this, the demand for this locality has increased in the real estate market.
- Also, these IT parks and business centres are easily accessible due to the excellent connectivity of the locality to neighbouring areas.
Lifestyle In Mohammed Wadi
- Mohammed Wadi offers a perfect blend of modern amenities and a green, peaceful environment.
- The locality enjoys a sustainable lifestyle with peaceful trekking trails and hills in close proximity, as well as IT hubs nearby.
- Anand Van, Mahadji SHinde Chhatri, Shivsrushti Historical Theme Park, Butterfly Trampoline Park, and Raja Dinakar Kelkar Museum are some famous tourist spots in and around the locality.
- Several waterbodies, such as Panshet Dam, Khadakvasala Dam, are near the locality. People visit here for monsoon picnics to enjoy the serene view and peaceful environment.
- Also, water sports and recreational activities such as boating, kayaking, trekking, and hiking are major attractions of these tourist spots.
- The locality is home to some luxurious homestays such as Corinthian’s club and the Beacon Hotel. These high-end hotels offer a premium experience to visitors.
Safety and Security In Mohammed Wadi
- The locality of Mohammed Wadi has a designated police station to serve the locality and take care of public safety.
- Mohammed Wadi, being a rapidly urbanising locality, is well equipped with modern safety facilities such as CCTVs and intercoms in residential complexes.
- There are well-trained security guards appointed at independent residential complexes to monitor the activities in and around the area.
- Proper police patrolling is practiced here, especially in busy areas and at night.
- Mohammed Wadi also follows proper traffic rules, and traffic regulation is done through signals and traffic police.
- Overall, the locality of Mohammed Wadi is considered to be a secure locality to live in.
Development and Future Prospects In Mohammed Wadi
- Upcoming developments, infrastructure improvements, and improved connectivity are all set to make Mohammed Nagar a sought-after locality for residential properties.
- The upcoming connection of Mohammed Wadi to the Airport via Kondhwa on the Pune Metro Line 3 will boost metro connectivity not only for the locality but also for the entire city.
- The proposed Pune Ring Road will allow seamless road transportation to and from Mohammed Wadi. This will also control traffic congestion in the area and reduce travel time.
- With increasing proximity to IT areas and a rise in commercial zones in and around Mohammed Wadi, the professionals and tech workers will seek residence here, thereby improving property demand.
- This will significantly increase property prices in Mohammed Wadi in the coming years.
Culture and Community in Mohammed Wadi
- Mohammed Wadi preserves its cultural significance through numerous temples and cultural sites serving as local worship and social gathering centres.
- The locality is surrounded by local temples such as Shree Ashtavinayak Ganesh Mandir, ISCKON NVCC, etc.
- Also, major fort areas such as Purandar Fort, Sinhagad Fort are at a reachable distance from Mohammed Wadi, representing the historical heritage of Pune city.
- These forts have trekking and hiking trails. Nature lovers and adventure enthusiasts come here for a weekend getaway.
- The Parvati hill in the close vicinity is home to the auspicious Parvati temple. Devotees visit here to seek blessings and enjoy the scenic view of the hill area.
Environmental factors in Mohammed Wadi
- Mohammed Wadi, being an urbanising locality, still preserves its natural beauty.
- The locality is surrounded by lush green parks, gardens, and open spaces. These gardens allow the residents to enjoy recreational activities, promoting a healthy lifestyle.
- Being a part of the Pune Metropolitan Region, Mohammed Wadi has hills around the area. People come here for a weekend getaway to enjoy treks and hikes on these hilltops.
- The Taljai Tekdi, Anandvan Extension, PL Deshpande Garden, Sarasbaug, are some popular green areas accessible from Mohammed Wadi.
- Also, various waterbodies such as Jambhulwadi Lake and Khadakwasla dam are reachable from the locality.
- Mohammed Wadi is a fast-developing locality that implements sustainable practices to encourage a healthy and ecological lifestyle.
- Due to its balance of a serene environment along with modern conveniences, this locality is an attraction in the residential market.
Flat Configuration in Mohammed Wadi
- Mohammed Wadi 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 Mohammed Wadi.
- Mohammed Wadi 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 Mohammed Wadi
- Mohammed Wadi has experienced consistent price growth of up to nearly 25% over the last five years.
- There has been an 18% property price appreciation over the last three years.
- The YOY property price growth in Mohammed Wadi has been around 10%.
- Also, an annual rental yield of around 4% has been achieved due to an increased demand for rental properties.
- Due to rapid development and urbanization, Mohammed Wadi is expected to experience consistent price growth in the near future.
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Frequently Asked Questions
What are the popular residential areas in Nr NIBM Road?
Some of the top residential areas in Nr NIBM Road include Charholi, Manjri.
What types of properties are available in Nr NIBM Road?
Nr NIBM Road offers Apartment, catering to various budget segments.
What is the average property price in Nr NIBM Road?
The average property price in Nr NIBM Road ranges from ₹6,600 to ₹7,050 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Nr NIBM Road?
The metro stations in and around Nr NIBM Road include key stops such as Manjri Bk, ICAR-National Research Centre For Grapes, Hotel Jay Shree Executive, providing convenient connectivity to major areas.
Are there affordable housing options in Nr NIBM Road?
Yes, areas like Nr NIBM Road offer budget-friendly housing options in Nr NIBM Road.
What are nearby locations in Nr NIBM Road within 3KM?
Nr NIBM Road is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Nr NIBM Road
Commercial areas near Nr NIBM Road
Are there luxurious housing options in Nr NIBM Road?
Areas like with price range above ₹97 L are known for luxurious residences in Nr NIBM Road
Are there housing options in Nr NIBM Road ranging from INR 30L to 60L?
Yes, Nr NIBM Road offers flats starting at ₹30L to premium luxury residences going up to ₹60L. Buyers can explore these options in prime localities with modern amenities:
Are there housing options in Nr NIBM Road ranging from 60L to 1Cr?
Yes, Nr NIBM Road offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 2 properties are: