One of the posh areas in Pune, Viman Nagar is in the Eastern Metropolitan Corridor of Pune. It falls under the jurisdiction of Pune Municipal Corporation (PMC). The place got its name due to its proximity to the Pune International Airport. Viman Nagar along with Kalyani Nagar and Koregaon Park forms the eastern necklace of Pune. The Pune-Ahmednagar Highway, or the Maharashtra State Highway-27 (MH-27) goes through Viman Nagar.
See also: Circle rate in Hinjewadi, Pune
What is circle rate?
The minimum value which an immovable property can command is known as the circle rate. This is popularly known as the annual statement rate, or the ready reckoner rate in Maharashtra. Using the annual statement record, one can get an approximate value of the stamp duty and registration charges that he/she should pay for buying a property in that location.
Factors that influence the circle rate
- Location
- Infrastructure
- Connectivity
- Property configuration
- Property usage – residential, commercial, industrial
- Amenities
- Market demand
How can you check the circle rate in Pune?
You can check the circle rate in Pune by login to the IGR Maharashtra website at https://igrmaharashtra.gov.in/Home.
- On the homepage, click on e-ASR below the stamps section.
- Click on e-ASR 1.9 version and you will reach here.
On the Maharashtra map, select Pune. Next, select taluka and village and you will see the required annual statement of rates.
Viman Nagar Circle Rates
| Locality | Residential | Commercial |
| Viman Nagar | Rs 38,040 | Rs 75,420 |
Viman Nagar: Location and connectivity
Viman Nagar is around half kilometre away from the Pune International Airport. The Pune Railway Station is around eight km from this location. Additionally, the Pune Metro Aqua Line/Pune Metro Line 2, when extended to Ramwadi will further improve the connectivity. Currently, the Aqua Line is operational between Vanaz and Ruby Hall Clinic.
Why should you invest in residential properties in Viman Nagar?
Viman Nagar has good colonies, such as Mhada Colony, Rajiv Nagar South, Kargil Vijay Nagar, etc. It has luxury residential complexes constructed by reputed developers, premium corporate centres, shopping, and entertainment areas. Additionally, some of the best educational institutions, such as Symbiosis Law School, Airforce School, etc., are located here. Neighbouring areas of Viman Nagar include the Koregaon Park, Kharadi, Tingre Nagar, Mudhva, etc. All are located within the radius of 5-10 km. These are predominantly employment destinations. With easy access to workplaces, schools, and leisure areas, Viman Nagar is one of the most sought-after locations in Pune.
Residential price in Viman Nagar
According to Housing.com, the average price for buying an apartment in Viman Nagar is Rs 10,057 with the price range between Rs 6,000 and Rs 31,944 per sqft. If you are looking for renting a property here, the average rent is Rs 42,126, with the price range between Rs 3,000 to Rs 1 Lakh.
FAQs
What is the circle rate?
The circle rate is the minimum property value fixed by all the state governments in India.
How can you find the circle rate in Pune?
You can check the circle rate in Pune through the IGR Maharashtra website.
What are the stamp duty and registration charges in Maharashtra?
Stamp duty in Maharashtra is 6% for men and 5% for women. The registration fee is 1% of the transaction value.
Who fixes the circle rate?
State governments fix the circle rate.
Can circle rates be lower than the market rates of properties?
Yes. Circle rates can be lower than the market rates.
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
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