Vijayanagar Colony, Pune

vijayanagar colony. Pune is a sub- locality of sadashiv peth in pune, maharashtra. the locality lies to the west of the state highway - 60: the saras bagh road. vijaynagara colony is bordered by the lokmanya tilak road, animal park, peshwa park lake, sp college sports ground, and thorle madhavrao peshwa road.

the locality is neighbor to laxmi nagar, mitra mandal colony, swargate, budhwar peth, raviwar peth, sukravar peth, subhash nagar, bajirao road.

key highlights

       it is located close to the pune – Okayama Friendship Garden, one of the most extensive gardens built in pune, with the 400 years old koraku-en garden in okayama, tokyo serving as its inspiration.

       good sports facilities in the area. the region is adjacent to the  jawaharlal nehru stadium, one of the prominent stadiums of pune for sports activities such as cricket, hockey, and football, and baburao sanas sports ground for relay races, 500m races, discus throw, football, and other events. also close to the taljai ground, local ground for kiting, cricket, and other activities. also, the late sadu sindhe pmc cricket stadium is located less than 5 kilometers away.

       located closed to the taljai pagoda ruins, the local haunted attraction of the region.

       less than 5 kilometers from the taljai tekdi park, a popular picnic, camping, and trekking site in pune.

whats great?

       excellent healthcare and medicinal infrastructure in the region include reputed hospitals such as apollo spectra hospital, global hospital, research institute, apex superspeciality hospital, poona hospital, research centre, and sahyadri super speciality hospital.

       lots of greenery around the area – close to the taljai tekdi park, peshwa energy park, animal park, joggers park, saras bagh, ghorpade upvan, and many others.

whats not great?

       a polluted drain runs close to the area.

       a large slum is located just outside the western boundary of the region

Watch out for?

       few vacant properties in the peshwa park lake and jawaharlal nehru stadium.

       riverside properties near the mutha river

       commercial properties near the state highway - 60: the saras bagh road

social infrastructure

             peshwa park lake, jawaharlal nehru stadium, taljai tekdi park, peshwa energy park, animal park, joggers park, saras bagh, ghorpade upvan are the major centers of socialising in the area.

shopping complex & markets

             shanti shopping mall, sadashiv peth

             jigyasu shopping centre, dadawadi

             weekly market spot, vijaynagar colony

             vijay super mart, subhas nagar

health care centers

             apollo spectra hospital, sansas playground

             harijan hospital, swargate

             global hospital and research institute, dattawadi

             apex superspeciality hospital, lokmanya nagar

             poona hospital and research centre, ganje wadi

             sahyadri super speciality hospital

connectivity & public transport

             the nearest metro station is mahatma phule mandai metro station, located 3 km away.

             swargate bus stand

schools, bank & fitness centers

schools                                          nvm girls high school and jr. college, sadashiv peth

             gurukul school, tilak road

             spm public school, vijayanagar colony

banks

             kotak mahindra bank, sadashiv peth

             idbi bank, sadashiv peth

             the vishweswar sahakari bank ltd, sadashiv peth

nearby atms of prominent banks

             canara bank atm, swargate

             central bank atm, tilak road,

             hdfc bank, tilak road

fitness centre                              sammy fitness studio, vijaynagar colony

             fuel fitness club, lokmanya nagar

             gymkhana, lokmanya nagar

popular landmarks

             peshwa park lake

             jawaharlal nehru stadium

capital and rental trends

             the property market in vijayanagar colony, pune, is primarily a commercial area. a significant portion of the properties listed for sale are – commercial office spaces, making 50% of all the properties listed for sale. 

             the remaining offerings for sale are covered by residential plots, which make up about 50% of all the properties listed for sale.

             most of the properties available for the rental market are office spaces with few and infrequent offers for nearby apartments.

             the base price for 1200 square foot property starts from inr 20 lakhs

             the average rent prices for office space t inr 10,000 and can go as high as inr 25,000 depending upon the locality

scope of growth

             the region is commercial and residential. it has many plus points going for it, such as – proximity to several green zones, rivers for water, sports infrastructure, and few vacant land for industrial set up. it is expected that the properties would see a rise of about 2-3% per year for the coming decade.

investment opportunities

             investment in properties near the peshwa park lake and jawaharlal nehru stadium, riverside properties near the mutha river, and the commercial properties near the state highway - 60: the saras bagh road is a good idea.