Avg. Rate
₹ 10,548.25/sq. ft
Locality Rating
4.5/10
Shelarvasti is a developing residential locality located in the Chikhali region of Pimpri-Chinchwad, on the northeastern outskirts of Pune. Once a quiet, semi-rural settlement, it has undergone rapid urbanization in the past decade due to Pune's expansion and industrial growth. The area is now witnessing increased residential construction and infrastructure development, attracting middle-income families and working professionals seeking affordable housing with good connectivity. Situated near major employment hubs like Hinjewadi IT Park and Pimpri Industrial Estate, Shelarvasti benefits from proximity to IT companies, manufacturing units, and service-sector workplaces. This has led to rising demand for rental and owned homes, particularly 1BHK and 2BHK apartments, though large-scale housing projects are still limited. Basic amenities such as grocery stores, pharmacies, and local markets are available within the locality, with more comprehensive facilities accessible in nearby Chikhali and Akurdi. Connectivity is a key strength of Shelarvasti, with easy access to the Mumbai-Bangalore Highway (NH 48) and the Pune Metro’s upcoming extensions enhancing regional accessibility. While the area lacks large shopping malls or premium healthcare centers within its boundaries, residents rely on nearby neighborhoods for schools, hospitals, and entertainment. As part of the Pimpri-Chinchwad Municipal Corporation (PCMC) zone, Shelarvasti is gradually being integrated into the city’s formal urban planning framework.
Region
Chikhali
City
Pune
District
Pune
State
Maharashtra
Pincode
411062
Population
The population of Shelarvasti is estimated to be between 8,000 and 10,000 residents as of 2023, based on municipal ward data and housing density trends in PCMC Zone V.
Nearest Airport
Pune Airport (PNQ)
Increasing demand for residential properties.
Development of shopping centers, restaurants, and other facilities.
Well-connected to major routes, enhancing accessibility to Pune and nearby towns.
The presence of schools and parks makes it suitable for families with children.
Construction activity and urbanization may contribute to noise levels.
Timeline
Average Rate
₹ 10,548.25/sq. ft
Average Price Range
₹ 3,050 – ₹ 12,900
Trend (5Y)
▲ 65%
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