Overview of Manjari Budruk, Pune

Manjari Budruk is in Pune, a rising spot that brings together places where people can live and invest. Let’s examine it from a real estate angle:

Property Prices

• Average Price per Square Foot:
  • For apartments in Manjari Budruk, Housing.com rates it at ₹6,351 per sqft, while 99acres.com sees it at around ₹5,600 per sqft.
• Price Range:
  • Apartments go from ₹2,500 up to ₹10,563 per sqft. Land rates sit between ₹1,700 to ₹3,700 per sqft.
• Total Property Value:
  • Property values start around ₹1.50 lacs, average at ₹18.17 lacs, reaching up to ₹65.00 lacs for the most costly homes.

Property Types and Configurations

• Residential Options:
  • You’ll find apartments, villas, and plots of land in different shapes and sizes.
  • Specific setups like 1 BHK and 2 BHK come with prices ranging from ₹18.75 lakhs to ₹42 lakhs respectively.
• Builder and Society Projects:
  • You can see projects like Sankla Mahadik East World, Gayatri Twin Towers, and Godrej Boulevard.

Market Trends

• Year-over-Year Growth:
  • The property rates have skyrocketed by 17.78% last year, and soared up by 34.0% in the last three years.
• Long-term Appreciation:
  • The appreciation rate for flats over the last 10 years stands at 51.2%.
• Current Trends:
  • However, over the past six months, we see a small slide in prices.

Rental Market

• Rental Options:
  • We offer a choice for anyone renting: furnished, semi-furnished, and pet-friendly places.
  • Rent varies greatly depending on configurations and extra features.
• Rental Price Range:
  • While specifics may differ, we have numerous rental options to meet varying needs and budgets.

Amenities and Lifestyle

• Community and Amenities:
  • This area offers a vibrant, communal vibe, with distinct societies providing varied lifestyles.
  • High-rise and studio apartments along with modern amenities are available here.

PropertyWala's Conclusion

Manjari Budruk is home to a promising real estate market with great growth, appealing both for purchasers and investors. It offers a wide spectrum of properties, affordable or luxury, and has seen a solid rise in property values over time. Yet, it's wise to pay heed to the current market shifts before making judgments. Manjari Budruk, with its expanding infrastructure and diverse community, strikes a perfect balance between investment opportunity and quality living.