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About Properties In Punekar Bungalow Road, Undri, Pune for Sale
Overview of Undri
- Undri is a rapidly developing residential hotspot situated in the southeastern part of district.
- Undri comes under the jurisdiction of the Metropolitan Region Development Authority (PMRDA)
- This locality enjoys good connectivity and has access to a few major employment hubs nearby.
- Undri is mainly a mid-segment locality.
- The environment in Undri is relatively peaceful and also has the convenience of city life.
- It offers a range of residential options at affordable prices.
- Hadapsar, Saswad, Pimpri-Chinchwad, and Talegaon are some of the cities nearby.
- The pincode of Undri is 444303.
Undri Residential Market Insights
- The average property price in Undri ranges from ₹ 6,000 to ₹ 7,000 per sq. ft.
- The average price of a 1 BHK in Undri is around ₹ 28 lakh to ₹ 45 lakh.
- The average price of a 2 BHK in Undri is around ₹ 40 lakh to ₹ 90 lakh.
- The average price of a 3 BHK in Undri is around ₹ 70 lakh to ₹ 2 crore.
- The average price of a 4 BHK in Undri is around ₹ 1 crore to ₹ 3.5 crore.
- The monthly rental price in Undri ranges from ₹15,000 to ₹25,000 on average.
- The average price of land in Undri is around ₹ 13 lakh to ₹ 3 crore.
- Undri mainly offers mid-segment residential properties, premium apartments, villas, independent floor apartments and land.
- Both under-construction and ready-to-move flats can be found in this locality.
- A number of reputed builders and developers have a presence in Undri.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
Connectivity and Transport In Undri
- Undri has easy access to the Junction Railway station, which is just 11 km from the locality.
- The International Airport is at a distance of 16 km from Undri.
- Other railway stations nearest to Undri are Indira Vasahat and Saswad Road Railway Station.
- Other than that, the PMPL Bus network, auto rickshaws, and cabs are available at a good frequency for travelling through the city and in neighbouring areas.
- The locality has easy access to the Airport through the Airport road and Kondhwa road.
- The NH48 connects Mumbai, whereas the NH65 connects Katraj and Hadapsar, further improving the connectivity with Undri.
- Hadapsar Road, Kondhwa Road, Solapur Road, and NIBM Road are some of the major highways connected to Undri.
- Bangalore Highway (NH60) and the Katraj Bypass Road are also easily accessible.
- Online Ola and Uber services make it convenient for the residents to get private rides for travelling within and out of the city.
Social Infrastructure In Undri
- Undri, being a rapidly developing and urbanised locality, enjoys exclusive infrastructure facilities and essential services.
- A number of renowned Schools, colleges and educational institutions, such as New Delhi Public School, Sanskriti School, The Bishop's School, and Euro School, provide quality education and are close to the locality.
- Healthcare centres and hospitals in close reach include Ruby Hall Clinic, MH CTC, Satyanand Hospital, Om Shakti Chhaya Hospital, PBMA’s HV Desai Eye Hospital, Chandra Hospital, etc.
- Corithians Resort, LP Legacy, Pruthvi Executive Hotel, and Hotel ISuite are some of the hospitable and comfortable homestays near Undri.
- Some luxurious shopping centres nearby include Dorabjee’s Heritage Mall, Clover Hills Plaza and Bizzbay Mall.
Employment Opportunities In Undri
- Undri is strategically located near some of the renowned business hubs.
- The locality is just 10-12 km from tech parks and business hubs like Panchashil, SP Infocity, Mundhwa Industrial Area, EON Parks, etc.
- The major employment localities, such as Hadapsar, Kharadi, and Phursungi, are within an accessible distance from Undri.
- Due to excellent connectivity and infrastructure developments, it has become seamless to travel to these commercial hotspots from the locality.
Lifestyle In Undri
- Undri is a fast-developing locality with urban amenities and modern infrastructure facilities.
- All essential amenities, such as schools, colleges, hospitals, banks, ATMs, shopping malls, retail markets, etc., are close by and easily accessible.
- Since Undri enjoys excellent connectivity through road and railway, it is seamless to travel to nearby commercial areas for employment opportunities.
- The locality has a relatively greener environment, so it enjoys modern living.
Safety and Security In Undri
- Undri has its own police station in the vicinity to ensure 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.
- Proper fire safety measures and traffic rules are set up and followed in public places.
- Constant police patrolling is done to avoid any illegal activities in the area.
Development and Future Prospects In Undri
- With several planned infrastructure projects, improving rail, road, and metro connectivity, an enhanced public transportation network, smart city initiatives, and development of commercial spaces, Undri is all set to become a desirable hotspot.
- The upcoming Katraj metro station, being just 5 km from the locality and a proposed extension of metro line 3, will improve the overall connectivity with Undri.
- The forthcoming Purandar International Airport is going to be a boost to air travel, being a huge convenience for business travellers.
- The NH65 extension Ring Road (PRR), and Hadapsar underpass road extension are some upcoming roadway projects to improve road connectivity and ease the travelling to and from Undri.
- These developments are expected to trigger a boost in demand for property, leading to an appreciation in property rates in Undri.
Culture and Community in Undri
- Undri is a culturally rich locality in and has a number of historical, cultural and spiritual landmarks.
- Major forts with historical significance and an ancient heritage, like Purandar fort and Sinhagad, are situated within 20-25 km of Undri.
- Popular culturally important places such as Shanivar Waada, Aga Khan Palace, Tulsi Baug, Saras Baug, etc., are major tourist attractions near Undri.
- Some spiritual destinations and temples like Shreemant Dagdusheth Halwai Ganpati Temple, Parvati Hills Temple, Kartik Swami Temple, ISKCON temple are found in and around Undri.
- These places represent a rich symbolism of architecture, spiritual belonging and harmony in the community.
- Festivals are celebrated together in this locality, showcasing a spirit of unity and preservation of cultural heritage.
Environmental factors in Undri
- Undri is a good place to live in because the lifestyle here is a perfect combination of the convenience of city life and the feeling of being close to nature.
- Undri is known for a serene and peaceful habitat with plenty of greenery and open spaces around.
- Due to well-maintained wide roads, there is relatively less traffic congestion, keeping the air quality moderate and the surroundings peaceful.
- Colori Park, Undri Hills, PMC garden, etc, are some of the public parks in the locality which allow the residents to enjoy relaxing strolls and energetic runs for those prioritising fitness.
- Panshet Dam, Khadakwasla Dam, and Rajeev Gandhi National Park are some of the serene hotspots popular among tourists and residents.
Flat Configuration in Undri
- Undri offers a range of 1 BHK, 2 BHK, 3 BHK, and 4 BHK apartments in both ready to move as well as under construction conditions.
- These flats are available for rent as well as for sale.
- 2 BHK properties are in most demand in Undri.
- Other than that, there is also a popular demand for other properties such as premium apartments, villas, land and independent floor apartments.
Property Price Growth in Undri
- Due to rapid developments, there has been a healthy growth in property prices in Undri.
- There has been around 15% hike in property rates in the last 5 years in this locality.
- Whereas in the last 3 years, Undri has seen around 5% growth in the property price rates.
- The YOY property price appreciation in Undri is around 5%.
- Undri has seen a rental yield of nearly 5% due to a good demand for rental properties.
- Undri is expected to experience a vast growth in the real estate market, being a rapidly expanding locality.
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