Avg. Rate
₹ 5,404/sq. ft
Locality Rating
4.8/10
Sharda Colony is a well-established residential locality situated in Pimple Nilakh, a rapidly growing suburb in the northwestern part of Pune. Once a quiet residential pocket, the area has undergone significant transformation over the past decade due to Pune's urban expansion and infrastructure development. Its strategic location near major employment hubs and improving connectivity have made it a preferred choice for homebuyers seeking a balanced lifestyle. The colony primarily features a mix of independent houses, builder floors, and a few modern apartment complexes, catering to middle-class and upper-middle-class families. While commercial development is gradually increasing, Sharda Colony retains a peaceful, community-oriented atmosphere with access to essential amenities such as schools, grocery stores, and healthcare centers within close proximity. With Pimple Nilakh emerging as a key residential corridor, Sharda Colony benefits from ongoing civic upgrades including widened roads, improved drainage, and enhanced public transport. Its proximity to Hinjewadi IT Park and the proposed metro extension further boosts its appeal, making it a promising area for both living and real estate investment in Pune.
Region
Pimple Nilakh
City
Pune
District
Pune
State
Maharashtra
Pincode
411027
Population
9,000
Nearest Airport
Pune Airport (PNQ)
Good road connectivity to other parts of Pune.
Availability of parks and recreational areas for residents.
Increasing property values and investment potential due to ongoing developments.
Close proximity to Hinjewadi IT Park, making it a convenient location for IT professionals.
Rapid development may lead to temporary issues with drainage and waste management.
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
₹ 5,404/sq. ft
Average Price Range
₹ 3,050 – 9,592
Trend (5Y)
▲ 44.3%
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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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