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About Properties In Dange Chowk Rd, Wakad, Pune for Sale
Overview of Dange Chowk
- Dange Chowk is an upscale yet developing sublocality in the Pimpri Chinchwad Region, situated in the western part of .
- The area is a developing residential hotspot that comes under the Municipal Corporation (PMC).
- Dange Chowk offers residential properties in a premium to mid-segment price range.
- Other nearby localities, such as Shedge Vasti, Vishal Nagar, Park Street, and Kaspate Vasti, have properties in a similar budget range.
- The area is close to several commercial centres in . This has increased its demand in the rental market since professionals are seeking residence here.
- Dange Chowk is surrounded by excellent road networks. There is a vast range of employment options, infrastructure is rapidly developing, and there are ample essential facilities here. Due to this, the area has become an attraction for property investment.
- Wakad, Tathawade, Punawale, Hinjewadi, Balewadi, Marunji, Rahatani, Patil Nagar, and Santosh Nagar are some nearby localities to Dange Chowk.
- The PIN Code of Dange Chowk is 411035.
Dange Chowk Residential Market Insights
- The average property price in Dange Chowk ranges from ₹10,000 to ₹12,000 per sq. ft.
- The average price of a 2 BHK in Dange Chowk ranges from ₹85 lakh to ₹1.4 crore.
- The average price of a 3 BHK in Dange Chowk ranges from ₹1.3 crore to ₹2.6 crore.
- The average price of a 4 BHK in Dange Chowk ranges from ₹2.1 crore to ₹3 crore or more.
- The average monthly rental rates in Dange Chowk range from ₹25,000 to ₹40,000.
- Dange Chowk is an affordable area and mainly offers mid-segment to budget-friendly residential properties.
- Although the prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- Both under-construction and ready-to-move flats are available in this locality.
- A number of reputed builders and developers have a presence in Dange Chowk
Connectivity and Transport In Dange Chowk
- PCMC Metro station along the Purple line of Metro network is the nearest metro connection from Dange Chowk.
- Along with that, Kasarwadi Metro Station, Bhosari Metro Station, and Sant Tukaram Nagar Metro Station also offer metro connectivity.
- The Chinchwad Railway Station, Akurdi Railway Station, and Pimpri Railway Station are within 25 minutes of the area, connecting it to the rest of the city.
- Dange Chowk is located at the intersection of Dange Chowk Road Mumbai Highway. Both these roads are prime sources of road connectivity here.
- Other than that, New Wakad Hinjawadi Road, Lakshmi Chowk Road, Aditya Birla Hospital Marg, Aundh - Ravet BRTS Road, and Hinjawadi Road are a few arterial roads close to the area that offer excellent connectivity.
- The International Road is located around 20 km from Dange Road. The Airport is easily accessible through the Aundh Road.
- The Mumbai Satara Highway connects the area to major localities of such as Kothrud and Bavdhan.
- The local PMPL bus network allows convenient and affordable transportation throughout the city.
Social Infrastructure In Dange Chowk
- Reputed schools in the area are VIBGYOR High School, Holly English Medium High School, Global Indian International School, Orchids International School, Indira School of Communication, etc.
- APJ College of Science and Commerce, Balaji College of Arts, Commerce and Science, IBMR College, JSPM Rajarshi Shahu College of Engineering, and IIEBM - Indus Business School are some colleges and universities for quality higher education.
- Some well-equipped hospitals in the area include Pentagon Hospital, Lifepoint Multispeciality Hospital, LifeTree Hospital, Golden Care Hospital, Sanjeevani Multispeciality Hospital, etc.
- There are a few leisure and entertainment centres close to Dange Chowk, such as Phoenix Mall of Millennium, XIon Mall, and Vision One Mall.
Employment Opportunities In Dange Chowk
- Dange Chowk is close to some important commercial hotspots in the city of .
- Dange Chowk is just 2 km away from the major business hub of Hinjewadi.
- Nearest IT centres from here are International Tech Park Rajiv Gandhi InfoTech Park, ICC Devi Gaurav Technology Park, Nalanda SEZ IT Park, Amar Tech Park, Nano Space IT Park, EON Panchasheel IT Park, and Indialand Tech Park.
- The Bhosari MIDC Industrial area is accessible from Dange Chowk via Nigdi - Bhosari Road.
- Moreover, Pawar Industrial Estate, Khedekar Industrial Estate, and Vikas Industries are a few industrial areas located within a reachable distance.
Lifestyle In Dange Chowk
- Dange Chowk, being a rapidly urbanising area, has a perfect mix of a commercial and peaceful lifestyle.
- The area is close to several tourist destinations such as Dnyanajyoti Savitribai Phule Udyan, Thergaon Boat Club, Kundamala Waterfalls, Mhatoba Mandir, Ganda Hill, and more.
- The famous Shanivar Wada and Mahatma Phule are also within a reachable distance.
- Dange Chowk has some vibrant restaurants and cosy cafes nearby for a fine dining experience.
- Sanket Inn Garden Restaurant, Barrels and Bites Kitchen, Springrose Restaurant, Mount Roast Coffee Studio, Cafe Close 2 Sky, and Third Wave Coffee are some dining options nearby.
Safety and Security In Dange Chowk
- Dange Chowk is monitored by several police stations in the vicinity.
- The area being developed follows proper security measures such as regular police checks, functional traffic signals, street lights, and CCTVs around busy areas.
- The area of Dange Chowk is generally considered to be safe and sound.
Development and Future Prospects In Dange Chowk
- The upcoming Metro line 3 along the Metro network will connect the area to the Civil Court.
- Extensions and construction of a few road networks, such as the Ravet-Narhe road Ring Road, will improve overall road connectivity in and around the area.
Culture and Community in Dange Chowk
- Dange Chowk, being a part of has a cosmopolitan environment where a vast population is settled with diverse backgrounds.
- The area has several cultural, spiritual, and historical sites nearby that represent its heritage and traditional values.
- Historical places like Shanivar Wada are about 20 km distance.
- There are some local temples in proximity, such as Shiv Munjoba Mandir, Shani Mandir, Datta Mandir, Mhatoba Mandir, Tulja Bhavani Mandir, and many more.
- The area also enjoys a vibrant and happening food culture, with typical Marathi dishes being its culinary speciality. Although several multicuisine restaurants are also found here.
Environmental factors in Dange Chowk
- Dange Chowk is well known for preserving its natural essence.
- There is an abundance of greenery, open spaces, hills, and gardens around the area.
- Ghoravadeshwar Hill, Mahalunge Hill, and Pashan Hill Trail are a few trekking trails around Dange Chowk for nature and adventure enthusiasts.
- Tanaji Kalate Udyan, Aalap Musical Garden, Tukaram Ombale Garden, Chhatrapati Shivaji Maharaj Park, and Savitribai Phule Udyan are some serene gardens nearby.
Flat Configuration in Dange Chowk
- Dange Chowk offers a range of 2 BHK, 3 BHK, and 4 BHK properties in both under-construction and ready-to-move conditions.
- 2 BHK properties are in demand in Dange Chowk.
- Dange Chowk mainly has premium and luxurious 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.
Property Price Growth in Dange Chowk
- The YOY appreciation in prices for apartments in Dange Chowk is around 13%.
- Dange Chowk has witnessed a consistent property price growth of almost 60% in the last 5 years.
- Whereas there has been a 41% price appreciation in the last 3 years.
- Dange Chowk has seen a YOY rental yield of around 4%.
- Due to rapid development and robust urbanisation, Dange Chowk is expected to experience consistent property price growth in the coming years.
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