Wednesday 13 November 2013

 Yerwada   is a part of the fast growing residential neighbourhood of Band Garden . Areas like Mohanwadi,Yerwada ,Vimannagar , Kasturba Housing Society, Phule Nagar, Police Lines, Shanti Nagar, Tingre Nagar and Kalas, all lie within a radius of about 6 km from Dhanori.
Lohegaon, which lies about 4km from Dhanori, is home to Pune’s International Airport. The place is also well-known for its reputed educational institutions like Kendriya Vidyalaya, Sharad Pawar International School and other schools and colleges. Marathwada Mitra Mandal’s Institute of Technology, Symbiosis College and Dr. D. Y. Patil School of Engineering are some of the famous colleges located in and around Lohegaon.
Lying close to Lohegaon, home-buyers in Yerwada  are offered quality educational opportunities for their children, in addition to standard residential options.

Connectivity

Yerwada is well-connected to other parts of the city through road and rail. A number of PMPML buses operate to and fro, passing through Band Garden Road , which connect Yerwada to the nearby areas. Several roads run along the area and its neighbourhood. These include Dhanori-Lohegaon Road, Alandi Road and the Airport Road.
The Pune Railway station lies at a distance of less
than 6 km from Yerwada  and the Pune International Airport Area in Lohegaon, lies at a distance of about 4 km.

Residential projects

Yerwada  is witnessing a fast-paced development of the real estate sector, especially residential housing. The area has become a preferred residential choice for IT professionals who work in offices in and around Kalyani Nagar, Koregao Park and Viman Nagar, owing to factors like good connectivity and its proximity to the airport.
Though this is one of the most developed centralised location across Pune it's very hard to get a good home there because of land constraint , only one developer have their project there like Pushpganga Venture's is having Pooja Enclave featuring luxurious 2 BHK homes at Pratiknagar , Yerwada 

Size and price of apartments

The size of 2BHK apartments in Yerwada vary from 1000-1060 sq.ft, and the price ranges between 75  lacs to 1 cr onwards . 
Rental values of apartments vary from Rs.-10000 for a 1 BHK apartment and from Rs.12000-15000, for a 2BHK apartment, per month. 

Price Trends

At present, multi-storey apartments are sold at a rate of Rs. 7500/sq.ft., and the rental value of the same is about Rs. 15/sq.ft.
As per market reports, an appreciation of about 11% was witnessed in the sale price of multi-storey apartments in Yerwada , during the second quarter of 2013, when compared with the values of the same period in 2012.The sale price of multi-storey apartments was about Rs. 6800/sq.ft. in the second quarter of 2012,. the same rose to about Rs.7500/sq.ft. during the same period of 2013.

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