Kalyani Nagar posted a rise of almost seven per cent in the capital values, mainly due to demand from the IT/ITeS professionals and connectivity with major commercial and residential destinations within the city. It is situated in close proximity to Koregaon Park and since property prices in this location are hitting the roof, more and more people are considering Kalyani Nagar as a serious alternative to Koregaon Park.
The area enjoys good demand due its proximity to important centers of the city and beyond. The price appreciation of this locality in the future might be very good.
Capital values of residential properties at locations such as Bavdhan, Kalyani Nagar and Undri, Overall, the Listed Price Monitor, which reflects the change in capital values in the city, rose by two per cent during the quarter. According to the study, 77 per cent localities in the city recorded growth in capital values, while 42 per cent localities registered a hike in rental values. Localities which are near the already established areas are among the biggest gainers. Bavdhan registered the highest gain of eight per cent during the quarter.
Yes , it would be good for investment..since the price is going high in Kalyani Nagar. Kalyani Nagar is one the prominent localities in Pune. The price trends on Kalyani Nagar have been witnessing various ups and downs. The price per sq. ft. was at Rs 6425 in Oct-Dec 2012 quarter and then price appreciated to Rs 6800 in the quarter of Jan-Mar 2013. In the Apr-June quarter of 2013, the locality price appreciated to Rs 6845 per sq. ft.