Feb 17, 2023Pune Real Estate

Manjari: A rapidly growing real estate hub in Pune

by Godrej Properties Limited

650

2

Manjari, once an old-fashioned village surrounded by lush greenery, has become an emerging real estate hotspot in Pune. The location is ideal for urban residents who want to live in a tranquil environment surrounded by nature while also being close to IT hotspots and office buildings. It has wide open spaces, fewer people, and an abundance of fresh air. With the growth of commercial hubs in Kharadi, Magarpatta, and Hadapsar, many developers have identified an opportunity to establish residential projects inManjari, as the area promises to be a vital support of development and growth.

Properties in Manjari, Pune : Location and Accessibility

Manjari is strategically located on Pune's eastern outskirts. It is well connected to important nearby areas like Kharadi, Viman Nagar, Keshavnagar, and Magarpatta. Manjari is also close to the Pune Junction train station and the International Airport, making it an excellent destination for frequent travellers. Furthermore, the region is near the Pune-Solapur highway, also known as the NH9, which connects it to the country's southern states.

Trends and demand for residential and commercial properties in Manjari, Pune

The demand for 2BHK homes is 67% and supply is approximately 65% for the same type of property. 1 BHK accounts for 19% of total supply, while demand accounts for 25%. However, in comparison to the 7% demand for 3BHK homes, the supply is approximately 19%. This indicates that compact and small units are in high demand in the area. (source: Magicbricks)

Expansion of Social Infrastructure and Amenities in Manjari

Facilities in ManjariNames
SchoolsKunjir Public SchoolThe Kalyani SchoolKrushnajiKhandujiGhuleVidyalaya
HospitalsYogMultispeciality HospitalColumbia Asia HospitalVillooPoonawalla Hospital
Retail hubsAmanora MallSeasons MallReliance Mall

Future outlook for the real estate market in Manjari

The future of real estate in Manjari seems to be shining bright. The Manjari, Pune flat rate is experiencing a massive price appreciation due to high demand. Its proximity to employment and IT hubs of Hinjewadi, makes it an attractive option for young employees who might want to live close to the workplace, amidst green and wide open spaces.

Why Manjari is a good investment opportunity

Considering the numerous advantages, the region has a strong chance of attracting a large number of prospective homeowners and investors in the coming months. People looking to buy a property in Manjari are now getting in on the ground floor, where they can get an excellent deal and reap significant benefits in the future. The area is expanding at a rapid rate and is anticipated to see significant expansion in the coming years. Keeping in view all of the aforementioned factors, Manjari is greatly placed to become a premier Pune suburb.

 

Frequently Asked Questions:

1.What is the distance between Manjari and Hinjewadi?

Ans:Manjari to Hinjewadi is about 35 kms, or 90 minutes by road.

2.What is the new project in Manjari, Pune?

Ans:Godrej PropertiesKharadi, Manjari is a prime example of a seasoned developer making its mark. The Godrej Manjari project has made a great addition to the residential spaces. The project, namely Godrej Parkridge, Manjari offers classy and elegant 2 and 3 BHK homes, starting from 85 lakhs only.

3.Is Manjari a good place to live?

Ans:Manjari is a great place to live due to its constant development. Other factors include its proximity to employment and IT hubs, resulting in career opportunities for all of its residents. The spacious residential spaces also offer wide open spaces like never before, all amidst nature.

4.Which city is near Manjari?

Ans:Pune city is the biggest city, located in close proximity to Manjari.

Previous Post
Next Post