Mohammadwadi, an emerging locality of Pune is blessed with scenic views. A serene locality as Mohammadwadi is surrounded by lush green hills and forest area under the National Institute of Bank Management that is NIBM, Kondhwa and Undri.
Mohammadwadi has seen steady growth over a period of time. It is becoming Pune’s investment hotspot. Property trends in Mohammadwadi have seen quite a growth in terms of property appreciation.
Mohammadwadi offers a wide range of property options to cater to the needs of rising residential demands. The area is dotted with mid-segment, luxury and premium property options. Many prominent names in the real estate sector are investing in the locality.
Let us have a quick look at statistics of price trends and rates in Mohammadwadi.
Below mentioned price trends data of NIBM Annex Mohammadwadi is in reference to Makaan.com:
- The price of properties in NIBM Annex Mohammadwadi starts from around Rs. 10.00 lacs
- The average price of properties in NIBM Annex Mohammadwadi is Rs. 1.23 crore while the average price of properties in Pune is Rs. 1.57 crore
- The most expensive property listed in NIBM Annex Mohammadwadi is priced at ₹ 9.80 crore
- The NIBM Annex Mohammadwadi shows the uptrend
Property trends Mohammadwadi
Price range per sqft: 751 – 47,170 / sqft
Avg price per sqft: 19,295.22 / sqft
Price rise: increased by 11.8%
Mohammadwadi is well-connected to the greater parts of Pune city via railway and roadways. The area also offers easier access to suburban zones like Pisoli and Hadapsar through PMPML operated buses.
Proximity to IT Parks of Magarpatta, Kharadi and Hadapsar are other perks of investing in Mohammadwadi. This has driven quite a lot of demand for residential as well as commercial in the locality.
Looking at property trends in Mohammadwadi one can say chalk out the high property appreciation. This makes Mohammadwadi a truly potential investment hub.
For more information on Mohammadwadi, click here.