Avg. Rate
₹ 10,548.25/sq. ft
Locality Rating
4.5/10
Pancharatna Nagar, located in the Pimple Gurav region of Pune, is a mature residential locality that has evolved over the past two decades into a sought-after destination for middle-income homebuyers and young professionals. Developed primarily in the early 2000s, the area offers a balanced mix of independent houses and apartment complexes, catering to diverse budgets while maintaining affordability compared to premium neighborhoods like Baner and Aundh. Its strategic location near major employment hubs makes it a practical choice for daily commuters. The locality enjoys strong social infrastructure, with schools such as Podar International School and Bharat School nearby, along with medical facilities like Surya Hospital and Shree Clinic offering round-the-clock healthcare services. Local markets including Pimple Gurav Market provide daily necessities, fresh produce, and essential services, contributing to a self-sufficient living environment. Religious sites like the Shree Datta Temple add to the community’s cultural fabric. Connectivity is one of Pancharatna Nagar’s strongest assets, with seamless access to the Mumbai-Bangalore Highway (NH 48) and the Pune-Bengaluru Expressway via Pirangut Road. Residents can reach key business centers such as Hinjewadi IT Park (approx. 12 km), Aundh (8 km), and Pimpri-Chinchwad MIDC (10 km) within 20–30 minutes by vehicle. While there are no new real estate projects currently underway, the existing housing stock remains in demand due to its value-for-money proposition.
Region
Pimple Gurav
City
Pune
District
Pune
State
Maharashtra
Pincode
411027
Population
Estimated population of around 12,000–15,000 residents as of 2023, based on ward-level data from Pune Municipal Corporation.
Nearest Airport
Pune Airport (PNQ)
Affordable housing compared to nearby areas like Baner and Aundh
Good connectivity to Pune’s IT and industrial hubs
Presence of local markets and daily convenience stores
Peaceful environment with a mix of independent homes and apartments
Limited high-end recreational and entertainment options
Timeline
Average Rate
₹ 10,548.25/sq. ft
Average Price Range
₹ 3,050 – ₹ 12,900
Trend (5Y)
▲ 65%
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