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About Properties In Manjri Road, Manjri, Pune for Sale
Overview of Manjri
1. Manjri is recognized as a high-growth residential and industrial hub located in the eastern corridor of .
2. The areas in Manjri comprise Manjri Budruk and Manjri Khurd, which lie near the -Solapur Highway and the Mula-Mutha River.
3. Manjri is an evolving suburb that is experiencing rapid housing development due to its proximity to major IT zones.
4. The locality consists primarily of large residential townships, though significant industrial units are also present.
5. Manjri provides competitive value for properties, with rates ranging from ₹6,400 to ₹8,300 per sq. ft.
6. Manjri is an ideal location for investment and living. Its proximity to Hadapsar and strong infrastructural growth drive this demand. The upcoming Ring Road connectivity further enhances the value of the area.
7. The PIN Code of Manjri is 412307.
Manjri Residential Market Insights
- The average property prices in Manjri range from ₹6,400 to ₹8,300 per sq. ft.
- The average property price of a 1 BHK in Manjri is approximately ₹35 lakhs to ₹45 lakhs.
- The average property price of a 2 BHK in Manjri is approximately ₹65 lakhs to ₹75 lakhs.
- The average property price of a 3 BHK in Manjri is approximately ₹85 lakhs to ₹1.3 crores.
- The average rent in Manjri varies between ₹15,000 and ₹25,000 per month.
- The location is situated close to the employment hubs of Magarpatta City, SP Infocity, and EON IT Park, making it highly sought-after for both renting and buying.
- The average price of residential land plots in Manjri ranges from ₹1000 to ₹3,000 per sq. ft.
Connectivity and Transport In Manjri
- Manjri is internally well-connected via the PMPML bus network and regionally via the -Solapur Highway.
- For travel through the railway network, Manjari Budruk Railway Station is easily accessible by the residents.
- Public transport is well-served by metered auto-rickshaws and app-based cabs like Uber and Ola.
- The primary roadway connections from Manjri include the -Solapur Highway (NH-65), Manjari Road, and Magarpatta Road.
- The Mundhwa-Manjari Road and Solapur Road are arterial routes that enable smooth travel within the locality.
- The International Airport is located approximately 13.8 km away from Manjri.
Social Infrastructure In Manjri
- Major social infrastructure and civic facilities are available in Manjri to meet the daily needs of the residents.
- Several reputed educational institutes are located in the area, such as The Kalyani School, SNBP International School, and Pawar Public School.
- Well-known healthcare facilities in and around Manjri include Yog Multispeciality Hospital, Noble Hospital, and Sahyadri Hospital.
- Reliance Smart, More Supermarket, and nearby malls like Amanora Mall and Seasons Mall are the top-rated shopping destinations.
- For the convenience of the residents, other facilities like ATMs, major banks (SBI, HDFC), petrol pumps, and fitness centers are available.
Employment Opportunities In Manjri
- Manjri is strategically connected to some of the most prominent corporate and industrial areas of .
- The Manjri corridor is located near multiple business centers that offer convenience to working professionals.
- Major employment hubs like Magarpatta Cybercity, EON IT Park, SP Infocity, and the Hadapsar Industrial Estate are located in the vicinity.
Lifestyle In Manjri
- The lifestyle of Manjri is primarily residential, offering a mix of modern townships and traditional settings.
- A lively atmosphere is maintained in the area due to the rapid development of gated communities.
- Popular tourist and leisure spots near Manjri include Mastani Lake, Kanifnath Temple, and Amanora Park Town.
- Manjri is best known for its peaceful environment and its association with the world-renowned Serum Institute of India.
- These locations are preferred for visits during the pleasant winter months from October to March.
Safety and Security In Manjri
- Security and safety in the locality are managed by the City Police department.
- Regular patrolling is conducted by the police to ensure the safety of the residents and prevent unlawful activities.
- Traffic regulation is managed through designated traffic officers and signals on the main highway.
- Standard fire safety protocols and equipment are maintained in all newly developed high-rise residential projects.
Development and Future Prospects In Manjri
- Connectivity will be significantly enhanced by the proposed Ring Road project.
- Industrial growth is being further boosted by the expansion of the nearby Hadapsar and Loni Kalbhor industrial belts.
- The expansion of the Metro towards the eastern corridor is expected to link Manjri to the rest of .
- Social infrastructure in Manjri will be greatly improved by the ongoing Mula-Mutha Riverfront Development project.
- Future appreciation is expected due to the planned urbanisation and better transit links to the IT corridors.
Culture and Community In Manjri
- Manjri is a growing cosmopolitan region within the Metropolitan Area.
- A diverse population consisting of local residents and working professionals lives here in harmony.
- The region is famous for its vibrant community spirit and its transition into a modern residential marvel.
- Manjri offers a vibrant street food culture, offering traditional Maharashtrian cuisine alongside popular international options.
- Cultural significance is preserved through various local temples that are architecturally intricate.
- Well-known religious places like the Mhasoba Temple and local community shrines are located within the area.
Environmental Factors In Manjri
- A sustainable living environment is promoted in Manjri through the preservation of natural surroundings amidst residential growth.
- Several green parks and open spaces are provided within the large townships to keep the environment fresh and serene for the residents.
Flat Configuration In Manjri
- A range of 1 BHK, 2 BHK, and 3 BHK properties is offered in Manjri.
- These properties are available in both under-construction and ready-to-move-in conditions.
- 2 BHK and 3 BHK configurations are considered the most popular choices in this location.
- The area primarily offers mid-range and premium apartments, but residential plots and gated communities are also available.
Property Price Growth In Manjri
- Steady price growth has been witnessed in Manjri over the last 1 year.
- Price appreciation of approximately 15% to 24% has been experienced in the last 3 years.
- Remarkable growth of up to 24% to 30% has been recorded over the past 5 years due to massive infrastructure shifts.
- A residential rental yield of 4% to 5.5% is achieved owing to the high demand from the neighbouring IT sectors.
- Rapid price growth is expected in the near future due to rapid urbanisation and the completion of major transit projects.
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