VTP Aethereus

Mahalunge is a well-developed locality in the north-western part of Pune. The locality is enclosed by other known areas of Hinjewadi, Wakad, Balewadi, and Baner. It is home to the known Shree Shiv Chhatrapati Sports Complex, which is known for facilitating different significant games.

Mumbai Highway (NH-48) is a significant road that goes about as a bypass and gives a fast network. Baner Road is another key street interfacing Mahalunge with notable regions towards the downtown area. Also, Pune Mahanagar Parivahan Mahamandal Limited (PMPML) offers helpful public transportation inside the city. Pune Junction railroad station (14 km) and Pune International Airport (21 km) are reachable in 40-50 minutes. The 23.3 km planned metro Line 3 (Hinjewadi Phase III - Civil Court) would have a station at Balewadi Stadium contiguous to Mahalunge.

A few critical instructive foundations close to the area incorporate the National Institute of Construction Management and Research (NICMAR), VIBGYOR High School, CM International School, and GS Moze College of Engineering. The area gets simple admittance to local nice emergency clinics, for example, Surya Mother And Child Care Superspeciality Hospital, Jupiter Hospital, and Elite Healthcare. Shopping roads like Balewadi High Street, D Mart, Westside, and Xion Mall, are within a 15-20 minutes drive from Mahalunge.

Rajiv Gandhi Infotech Park in Hinjewadi, a significant work zone, is almost 11 km from Mahalunge and is effectively open in 20-25 minutes through NH-48 and Hinjewadi-Wakad Road. It involves various business parks and corporate grounds with eminent IT/ITeS and biotechnology organizations. Infosys, Cognizant, Persistent Systems, and Wipro, work from tech parks in Hinjewadi.

Currently, the budget range of residential properties is hovering around Rs 5,016 – Rs 7,112 per sq. ft, and the average price stands at INR 6,112 per sq. ft. As per the price analysis by Square Yards Research, the micro-market has registered around a price appreciation of 8% in the last ten quarters. The capital value appreciation of residential properties is expected to move northwards due to the high demand for residential properties and a spike in rental properties.

The proposed 170 km Ring Road covers 46 locales, of which Mahalunge is one of them. It will drive future realty market growth and enhance the connectivity of Mahalunge with other hotspots of Pune city.

The proposed Hyperloop connectivity project between Pune and Mumbai with one of its stations in Wakad is near Mahalunge. The future infrastructure development will bolster the micro-market to mature as an upscale residential market.