Hadapsar is one of the most populated and developed areas and falls in the jurisdiction of Pune. It is located along the Mumbai-Hyderabad National Highway (NH), also known as the National Highway-65 (NH-65). This highway connects Pune and Solapur. Hadapsar is well-connected to Pune Nagar Highway through the Kharadi Bypass. It is a home to many IT parks, schools, hospitals, entertainment places, such as the Amanora Mall, etc.
See also: Circle rates in Shivaji Nagar, Pune
What is circle rate?
Also known as ready reckoner (RR) rate, the circle rate is the minimum price at which a property can be registered. This is being set by the IGR Maharashtra and depends on many factors. The RR rate, as commonly known in Maharashtra, plays a big role in calculating the stamp duty and registration charges of a property.
Factors affecting the circle rates
- Location
- Connectivity
- Infrastructural development
- Types of properties available
- Usage of property for residential, commercial, or industrial purposes
- Amenities offered and accessibility in the location
- Market demand
How to check the circle rate on the IGR Maharashtra website?
- Login to the IGR Maharashtra website at https://igrmaharashtra.gov.in/Home.
- Click on e-ASR, below the stamps section.
- Select the e-ASR 1.9 version and you will reach here.
Click Pune on the map. Select taluka and village and you will see the required RR rates.
Hadapsar circle rates
| Locality | Residential | Office |
| Hadapsar | Rs 80,000 | Rs 85,000 |
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Hadapsar real estate trends
Hadapsar’s realty market is popular owing to its strategic location and connectivity with other places.
Hadapsar: Location and connectivity
The industrial town of Hadapsar enjoys good connectivity with various parts of Pune. The Hadapsar Railway Station, the Pune Railway Station, the Lohegaon Airport, Koregaon Park, Swargate Bus Stand, and the Shivaji Nagar Railway Station are all about 10-12 km from here. The Hadapsar Railway Station is near Amanora Town Centre, so it is convenient for people to travel within and outside the city. The proposed Pune Metro Corridor from Hadapsar to Katraj will further help the area to grow.
Hadapsar commercial properties
Known as an employment hub, Hadapsar is a home to the Serum Institute of India, Honeywell, Bharat Forge, Gits Food Products, Indian Hume Pipe Factory, EDP and Accurate. It also has three Special Economic Zones (SEZ), namely Magarpatta, Amanora Park Town and the SP Infocity.
Hadapsar residential properties
Hadapsar is surrounded by Manjri, Mundhwa, Keshav Nagar, and Kasarwadi and offers a range of residential property options. Residential options across budgets and configurations can be found here. As the industrial region is well-developed here, the entire area is thickly populated. Thus, the residential real estate market is strong here.
Why should you invest in Hadapsar?
Hadapsar offers common residential options like apartments, and villas. With more space opening here and availability of land, most projects are either under-construction or ready-to-move in this location. Many well-known developers have projects either running, or completed in Pune, a reason why the location is preferred by all.
Residential prices in Hadapsar
According to Housing.com, the average price for buying an apartment in Hadapsar is Rs 7,554 with price ranging between Rs 1,400 and Rs 20,816 per square feet. If you are looking for renting a property, the average rent here is Rs 32,691, with price ranging between Rs 3,000 and Rs 1, 00,000.
FAQs
What is the circle rate in Maharashtra known as?
Annual Statement Rate is another name for the circle rate in Maharashtra.
What is the formula to calculate the property value?
Property value = build up area in square metres X circle rate for the locality per square metre (in Rs).
Where can you check the Annual Statement Rate (ASR) for a place in Maharashtra?
You can check the circle rate under the e-ASR tab listed on the IGR Maharashtra portal homepage.
Which city is Hadapsar a part of?
Hadapsar is a part of Pune.
What are the neighbouring areas of Hadapasar?
Hadapsar is surrounded by Manjri, Mundhwa, Keshav Nagar, and Kasarwadi.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
