Avg. Rate
₹ 26,086/sq. ft
Locality Rating
9.1/10
Model Colony, located in the well-established Shivaji Nagar area of Pune, is a mature and upscale residential locality renowned for its peaceful ambiance and central location. Developed in the mid-20th century as a planned housing society, it was one of the first model townships in the city, offering structured layouts, wide roads, and green spaces. Over the decades, it has evolved into a premium residential enclave, attracting families, professionals, and investors seeking a balanced urban lifestyle. The locality enjoys seamless connectivity to key hubs such as Kothrud, Camp, and Deccan Gymkhana, thanks to its proximity to Fergusson College Road and Ganeshkhind Road. Residents benefit from easy access to the Pune-Mumbai Expressway and Pune-Solapur Highway, making intercity travel convenient. The area is also well-served by public transport, with the Shivaji Nagar railway station and upcoming metro connectivity enhancing its accessibility. Real estate in Model Colony comprises a mix of well-maintained independent houses, luxury apartments, and gated communities, with 42 residential projects currently listed. With an average 2BHK price of ₹1.73 crore and a per-square-foot rate of ₹20,987, it ranks among Pune’s more expensive neighborhoods. Its blend of serenity, infrastructure, and location continues to drive demand in both the primary and secondary property markets.
Region
Shivaji Nagar
City
Pune
District
Pune
State
Maharashtra
Pincode
411016
Population
The estimated population of Model Colony is approximately 28,000, based on ward-level data from the Pune Municipal Corporation (2023 estimates), with a mix of middle-class, upper-middle-class, and affluent households.
Schools
5
Nearest Airport
Pune Airport (PNQ)
The region benefits from its strategic location in Pune, one of the largest cities in Maharashtra.
Easy access to major roads and highways such as Pune-Mumbai Expressway and Pune-Solapur Highway, facilitating smooth movement in and out of the city..
The community is ideally located in Pune and offers residents convenient access to various amenities and services.
Model Colony may experience traffic congestion during peak hours, especially on main roads and intersections
Timeline
Average Rate
₹ 26,086/sq. ft
Average Price Range
₹ 7,600 – ₹ 31,950
Trend (5Y)
▲ 65%
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