Pirangut previously known as industrial hubs is now emerging as some of the best destinations for affordable housing. It is situated in the western parts of Pune and comes under the jurisdiction of Pune Municipal Corporation. This newly expanded area of the city ensure low entry points and promise higher returns on investment over the mid-to-long term due to fast developing infrastructure. This locality has gained popularity due to its strategic location. Its proximity to Paud Road and Pune-Bangalore Highway along with seamless connectivity with established centers such as Kothrud, Baner, Aundh, and Hinjewadi, has made it one of the most sought-after real estate destination in Western Pune. Prominent localities situated close to it are Lavale, Gadewadi, Bhugaon, Pashan, Kothrud, Shivane, Hinjewadi, Handewadi, Paud, Bhukum, Nande, Bavdhan, Sunarwadi, Baner, Balewadi, Warje among others. Mulshi Road and Temghar-Lavasa Road are the two major internal roads of Pirangut. Some of the key residential projects in Pirangut are Mont Vert Sunshine Joy 2, Mont Vert Vesta, KFP Kalash Homes, SV Vishnu Vihar Phase-2, Majestique Vanalika, Gangotree Shubhangan among others.
Connectivity
Pirangut is located along the Chandani Chowk and the Lavasa Road that connects it to the Mumbai-Pune Bypass Road, making it an ideal choice for property investors, in terms of connectivity.
The locality enjoys good connectivity with the NH 48, which further connects it to the Old-Mumbai Highway as well.
It enjoys excellent connectivity to Pune International Airport which is situated at a distance of 38 km via Mulshi Road/Paud Road.
Pune Junction, Shivaji Nagar, Khadki, Dapodi are nearby railway stations to Pirangut. However, Shivajinagar is the nearest railway station to Pirangut which is located at a distance of 21.7 km via Paud Road.
Temghar-Lavasa Road, Mulshi Road, Lavale Road are its internal roads which further has its access with NH 48 via Mulshi Road.
Factors for past growth
High demand for residential properties from IT professionals has given rise to projects consisting of apartments, row-houses, and villas in Pirangut. Villas and luxurious housing units are preferred by buyers working in the IT hubs of Hinjewadi. A fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace. Thus, driving residential demand and consistent rental yield. In the recent past, demands for residential properties for sale have get momentum in Pirangut.
The affordable commercial property rates in Pirangut have also encouraged commercial real estate development in this region.
Rapidly improving infrastructure along the corridor, proximity to the IT hub of Hinjewadi, and excellent connectivity with famous tourist destinations like Lavasa City have also worked as incentives in Pirangut’s growth and development.
Factors for future growth
Pune Municipal Corporation is taking up several infrastructure initiatives to develop this region. The internal arterial road, which connects Pirangut directly to Hinjewadi Phase-3, will increase the demand for homes in this region in the years to come.
Employment hubs near Pirangut
Rajiv Gandhi Infotech Park
Kapil Zenith IT Park
Nano Space IT Park
Teerth Technospace
Software Technology Park of India
Pune IT Park
International Tech Park
Social and Physical Infra Development
Pirangut offers very good social infrastructure to its residents. Some of the reputed schools in Pirangut include Rani Laxmibai Mulinchi Sainiki Shala, Heritage International School, Pawan Gandhi Sinhgad Spring Dale School, Elite International School, Sri Vidya Bhavan School, Periwinkle English Medium School, The Mulshi Public School, Sanskriti School Bhukum etc. It also houses some famous colleges and institutions nearby. These are Mamasaheb Mohol College of Business Administration, Bharti Vidyapeeth College of Engineering Lavale Pune, Anantrao Pawar College, Vivekanand Institute of Technology, Yashwantrao Mohite College, Chanakya College Junior College to name a few.
Healthcare facilities are also good at Pirangut. Some of the leading hospitals providing healthcare facilities to the residents of Pirangut include the Surya Hospital, Shrikrupa Hospital, Ruby Hall Clinic, Sanjeevani Hospital, Shree Ganesh Hospital, Shraddha Hospital among others.
The shopping needs of the residents are catered by malls in Pirangut such as the Aditya Shagun Mall, Finix Mall, Xion Mall, Westend Mall, Pune Central Mall etc. It also houses retail outlets of famous national and international brands such as Classic Retail Outlet, My Jio Store, Bata Retail Outlet, Croma, Amul Retail Outlet, Reliance Digital etc.