Kalyani Nagar is steadily becoming a coveted residential destination in Pune. The area is fast becoming a popular option for homebuyers and investors alike. Kalyani Nagar has witnessed growth in overall infrastructure. Physical infrastructure has improved with major roads like the Nagar Road, Sant Jnaneshwar Marg and Mundhwa Road going through the locality while there is an extensive bus network courtesy the Pune Swargate Bus Depot which is located nearby and the Greenfield Bus Stand.
Kalyani Nagar is located strategically and lies just 5 kilometres away from the Pune Railway Station while the Pune Airport is located only 4 kilometres away from it. The Shivaji Nagar railway station is also nearby. This strategic connectivity to the Airport and central railway station has led to swift growth in Kalyani Nagar. It is also developing into a preferred area for professionals working in nearby industrial corridors and major IT hubs in the city. Several MNCs and other companies have established their offices in Kalyani Nagar. The Amanora Park Town, Phursungi IT Park and Magarpatta City, all of which are major business hubs in Pune, are located within a 7-kilometer radius from Kalyani Nagar.
RMZ West End is located around 13 kilometres away while the World Trade Centre and the EON IT Park can be accessed within only 7-8 kilometres from Kalyani Nagar. Kalyani Nagar is also located in close proximity to several prime localities in Pune, namely Yerwada, Viman Nagar, Koregaon Park and Vishrantwadi. It has steadily transformed into one of the prime residential zones in the city’s eastern suburbs.
The appreciation prospects are bright for Kalyani Nagar in the future due to swift industrialization across the entire locality. The average potential for appreciation is expected to be 10-15% in this micro-market as per experts. This makes it a great place to invest in residential property in Pune. Although Kalyani Nagar is one of the premier places to live in Pune, there are quite a few affordable housing options available here as well in order to meet the requirements of mid-level and junior professionals. The property rates approximately range between Rs.7,150 and Rs.11,767 per sq. ft. in Kalyani Nagar.
