Pimple Nilakh property market: An overview

Pimple Nilakh is a coveted residential destination of Pune in Maharashtra. It is located in close proximity to a number of popular and developed localities of Pune such as Balewadi, Bharat Electronics Colony, Shakti Colony and Baner. Pimple Nilakh is also an employment destination, owing to its proximity to significant companies which include Infosys, Microsoft Systems, Finolex Industries Ltd, Tata Motors, Kirloskar Brothers Ltd, Mahindra & Mahindra Ltd and Force Motors. It lies in close proximity to the Mumbai-Pune Expressway and is well-connected to the IT parks of Aundh and Baner. Pimple Nilakh provides its residents with a myriad of social and recreational amenities. It houses a number of luxurious shopping malls including Ishanya Mall, D-Mart, West End Plaza Mall and Suyash Mall. Also a number of tourist attractions are situated in the locality, which makes it prosperous in the tourism business. Some tourist attractions include Shaniwar Wada, Parvati Hill, Raja Dinkar Kelkar Museum, Symbiosis Society’s Dr Babasaheb Ambedkar Museum and Memorial, Sentosa Resorts & Water Park, Vaishno Devi Temple, Saras Baug and Dagdusheth Temple.

 

Connectivity with nearby Pimple Nilakh localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

• Pimple Nilakh is connected to other major towns and cities, with the help of Mahanagar Parivahan Mahamandal Ltd (PMPML) and Maharashtra State Road Transport Corporation (MSRTC) buses.
• The nearest railway station can be accessed by three different routes –

Sangam Road, University Road and via Hedgewar Path and Aundh-Ravet and it is thus at a distance of 6.3 kilometres, 13.5 kilometres and 12.1 kilometres, respectively.

• The Pune International Airport is situated at a distance of 22.2 kilometres.

 

Employment hubs near Pimple Nilakh

The locality is witnessing an increase in the population in the recent years owing to its proximity to various employment hubs. These include:

• Kirloskar Brothers Ltd.
• Finolex Industries Ltd.
• Microsoft Systems.
• Tata Motors.
• Mahindra & Mahindra Ltd.
• Force Motors.

 

Schools in Pimple Nilakh and other social amenities

Pimple Nilakh provides its residents with all kinds of social amenities to live a happy and peaceful life. Various schools in Pimple Nilakh include Laxmibai Nandgude International School, Bharati Vidyapeeth English Medium School, The Orchid School, Daffodil International School, Vibgyor High and many others.

The major hospitals in Pimple Nilakh include Elite Healthcare-Datar Hospital, Dhanwantari Hospital, Lifeline Hospital and Metro Hospital.

Apart from these it also has banks and ATMs such Union Bank of India, HDFC Bank, Corporation Bank, Bank of Maharashtra and State Bank of Mysore

 

Physical infrastructure in Pimple Nilakh

• The metro rail project has been proposed by the government.

 

Price trends in Pimple Nilakh

• Price appreciation – Around 22.4% in the last 6 months.
• Current property rates- Rs 5,244 –Rs 7,875 per sq ft.

 

Reasons to invest in Pimple Nilakh

Considering the increasing price trend in Pimple Nilakh and the rise in demand, the locality will definitely prove to be a good investment. The presence of commercial hubs in and around the locality, is making Pimple Nilakh a coveted working, as well as a residential destination of Pune.

Big-ticket projects like Kolte Patil 24K Atria, Kolte Patil 24K Jazz, Muktaa Ram Srushti and Nandgude Patil Sulochana City, make Pimple Nilakh a posh and coveted residential neighbourhood.

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