Avg. Rate
₹ 5,823/sq. ft
Locality Rating
4.7/10
Nere is a developing suburban locality situated in the western part of Pune, Maharashtra, falling under the Pune West zone with a PIN code of 412206. Historically a semi-rural settlement, Nere has witnessed gradual urban expansion due to its proximity to major tech and residential hubs like Hinjawadi, Wakad, and Baner. The area is transitioning from agricultural land use to a mixed-use neighborhood with growing residential interest. Real estate in Nere has seen a steady influx of mid-range housing projects, with around 15 active developments offering affordable 2BHK units compared to nearby premium localities. The average price per square foot stands at approximately Rs. 8,571, making it an attractive option for first-time homebuyers and investors seeking value-for-money properties on the outskirts of Pune’s IT corridor. Connectivity is improving with access to major roads like the Mumbai-Bangalore Highway and proximity to key nodes such as Hinjawadi IT Park and Balewadi. While Nere itself is still developing, its adjacency to established areas ensures residents have access to essential amenities, schools, and healthcare facilities within a short commute.
Region
Pune West
City
Pune
District
Pune
State
Maharashtra
Pincode
412206
Population
19,000
Schools
1
Nearest Airport
Pune Airport (PNQ)
Offers budget-friendly housing options compared to neighboring areas like Wakad and Baner
Strategic location near Pune's IT corridor boosts rental and resale demand
Ongoing road development improving accessibility to major employment centers
Limited access to premium social infrastructure like branded schools and hospitals within Nere
Public transport options remain underdeveloped, requiring personal vehicles for daily commute
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 5,823/sq. ft
Average Price Range
₹ 3,073 – 11,039
Trend (5Y)
▲ 53.9%
Rates and Trends
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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