SHIRE Rera

About Location

Punawale located in the western part of Pune is a mid-segment locality with a pincode of 411033. It is surrounded by Jeevan Nagar Ravet and Wakad Annexe. The locality offers a wide range of properties with over 700 properties available for purchase and more than 200 properties available for rent. Residents of Punawale have rated the locality highly giving it a 4/5 rating for connectivity and safety. In terms of connectivity Punawale is well-connected to various key areas. Chaphekar Chowk Nigdi Akurdi railway station Chinchwad railway station and Wakad Chowk metro station provide transportation options for residents. The locality also boasts good infrastructure with leading hospitals like Ojas Multispeciality Hospital Anand Hospital Paras Polyclinic and General Hospital located nearby. Shopping and recreational hubs such as Parmar Tailer and INOX are also easily accessible to residents. For those looking to invest in Punawale the average price of apartments is around ₹6300.0/- per square foot. Some popular projects in the locality with healthy price growth include Pharande Kairosa at 16.4% year-on-year (YOY) Vardhaman Palm Rose at 15.6% YOY and Malpani Cereza at 15.1% YOY. The average price change for apartments in Punawale is approximately 3.3% YOY. The locality also offers properties with high annual rental yield with Samarth Bhalchandra Upvan being one of the projects in that category. Neighboring areas such as Wakad Annexe Pandhare Wasti Ravet and Shinde Vasti also offer properties in a similar price range. For rentals Punawale provides a variety of options. There are over 30 affordable properties with monthly rents below ₹17000 90+ mid-segment properties with rents ranging from ₹17000 to ₹21000 and 80+ premium properties with rents above ₹21000. The average monthly rental range in Punawale is ₹11600 to ₹34900. Some popular housing projects among tenants include Pharande Puneville Sai Paradise and Siddhashila Eela. Overall Punawale offers a favorable residential environment with good connectivity essential amenities and a range of property options for both buyers and renters.