Will it be a wise decision to buy a flat in Pimple Nilakh in Pune?

Q: How is the locality of Pimple Nilakh in terms of price appreciation, connectivity, and basic infra?

Vinay Sharma, Pune

6th September 2018

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Replies (3)

As far as locality is concerned, Pimple Nilakh is one of the finest real estate destination in Pune city. It is situated in the western parts of Pune and comes under the jurisdiction of Pimpri-Chinchwad Municipal Corporation. It is a fast growing residential and commercial hub, located close to the Mumbai-Pune Expressway and is well-connected to the IT Parks of Aundh and Baner. It is located at a distance of 11.8 km from Pune. This locality has experienced sharp increased in property rates due to dominant IT culture in the western region. This locality is seeing high demand for residential properties in Pimple Nilakh both from end users and investors.

Rohit Marathi, Pune

12th September 2018

Comment

Yes, I quite agree with Devika she has a point but the final decision is going to be yours so take it wisely. Best of luck with your search.

Neha Sharma, Nagpur

12th September 2018

Comment

Hello Vinay
The real estate market drivers at Pimple Nilakh include proximity to Mumbai-Pune Expressway, and its proximity to established areas of Baner, Balewadi, Wakad, Pimple Gurav and Aundh, where property rates have more or less high, and beyond the affordability of the mid-income groups.

Apart from that, a significant number of commercial establishments around this region have triggered the overall development at Pimple Nilakh.

Devika, Mumbai

12th September 2018

Comment

The locality of Pimple Nilakh is well-connected to various developed areas and a number of schools, educational institutions, IT Parks, Malls and markets, banks and hospitals via an excellent network of railways and roadways. Pune International Airport which is located at a distance of 24 km via Lohegaon Road. Pune Junction is the major railway station to Pimple Nilakh which is located at a distance of 13.5 km via Aundh Road.
Apart from that, the locality has seen n increase in the population in the recent years owing to its proximity to various employment hubs. The Maharashra Govt has also proposed Pune Metro Rail project last year. As a result, demand for apartments/flats for rent in Pimple Nilakh has grown significantly.

Vaibhav Mulay, Mumbai

12th September 2018