NIBM Road |Pune |Top Under-Construction Apartments

NIBM Road is an important sub-arterial road in the southern part of Pune. The area surrounding this road, popularly known as NIBM Road as well, is an emerging residential suburb. It is surrounded by other well known suburbs such as Undri, Kondhwa, Mohammadwadi and Wanowrie among others. Many top developers such as VTP, Kolte Patil, K Raheja, Goel Ganga Developments, Acropolis Purple and Marvel Realtors among others have developed premium and luxury properties in these suburbs.

The main advantage of NIBM Road and its surrounding towns is the proximity to the commercial hubs of Pune such as Hadapsar, Kharadi and Magarpatta. As a result, it is favoured by many professionals who are employed in offices located in these hubs. The social ecosystem in and around NIBM is also well developed and supports the region’s growing appeal. The suburb’s connectivity to the Mumbai-Solapur Highway via Kondhwa Road and Handewadi Road make it a well-connected one.

Read the article below to consider the favourability of this upcoming suburb.

Tower in phase 2 of Urban Space, NIBM Road

Advantages of Living in NIBM Road

Last updated on October 7, 2020 by Chrisanta Dias

Location advantages of NIBM Road NIBM Road has emerged as one of the prime sub-arterial roads in Pune. It connects to other bigger roads such as Kondhwa Road and Handewadi Road which in turn join the Mumbai-Solapur Highway which traverses through the city. It is thus a well-connected neighbourhood. The neighbourhood around NIBM Road is surrounded by other similar neighbourhoods which have seen a lot of development recently, especially by renowned and well-recognised real estate developers. Kondhwa, Mohammadwadi, Undri and Wanowrie have emerged as popular suburban residential destinations. Some of the big name developers in NIBM as well as surrounding towns include Kolte Patil, K Raheja, Goel Ganga Developments, Acropolis Purple, Ekta World and Marvel Realtors. Each of them offers premium as well as luxury residential projects with 2, 3 and 4 BHK apartments. Many of these projects are ready to move such as Marvel Isola, Ekta California and K …

Advantages of Living in NIBM Road

Location advantages of NIBM Road

  1. NIBM Road has emerged as one of the prime sub-arterial roads in Pune. It connects to other bigger roads such as Kondhwa Road and Handewadi Road which in turn join the Mumbai-Solapur Highway which traverses through the city. It is thus a well-connected neighbourhood.
  2. The neighbourhood around NIBM Road is surrounded by other similar neighbourhoods which have seen a lot of development recently, especially by renowned and well-recognised real estate developers. Kondhwa, Mohammadwadi, Undri and Wanowrie have emerged as popular suburban residential destinations.
  3. Some of the big name developers in NIBM as well as surrounding towns include Kolte Patil, K Raheja, Goel Ganga Developments, Acropolis Purple, Ekta World and Marvel Realtors. Each of them offers premium as well as luxury residential projects with 2, 3 and 4 BHK apartments.
  4. Many of these projects are ready to move such as Marvel Isola, Ekta California and K Raheja Magna in NIBM, Kolte Patil Three Jewels in Kondhwa, and K Raheja Vistas Premiere, Marvel Sangria and Acropolis Purple Nine Hills in Mohammadwadi. Some of the upcoming projects include Clover Highlands in Kondhwa and Ganga Florentina in NIBM.
  5. The range of prices is varied and appeals to prospective buyers from across the economic spectrum. Prices start from 70 lakhs for 2 BHK apartments right up to 4 crores for luxury 4 BHK residences.
  6. Similarly, the rental yields in NIBM Road currently range from Rs. 8,000-9,000 for 1 BHK, Rs. 12000-14,000 for 2 BHK and Rs. 16,500- 19,800 for 3 BHK apartments. (Source: 99 acres)
  7. Style, design and contemporary luxury amenities are central to all of these projects which offer a high standard of living. Sprawled across acres of land, each of them could be considered gated communities in their own right with 24×7 security.
  8. The main advantage of NIBM Road and its surrounding towns is the proximity to the commercial hubs of Pune. The SEZs and IT Parks of Hadapsar, Magarpatta and Fursungi are just 8-10 km away. Companies such as HCL, Mphasis, Capgemini, WNS Global Services and HCL technologies have their offices in these hubs. Thousands of professionals are employed across these hubs. Similarly, Hadapsar is a recognised manufacturing hub where companies such as Maruti, Kirloskar Pneumatic and Serum Institute of India have their operations.
  9. The social ecosystem in and around NIBM is well developed and supports the region’s growing appeal. NIBM is more popularly known for its educational institutions such as RIMS International School and Junior College and Noble College of Commerce and Information Technology.
  10. Similarly, there are good quality medical facilities at hospitals such as Suyog Life Care, Child Health Care, Golwilkar Metropolis Health Services and Anand HealthCare.
  11. There are quite a few fun options for shopping, entertainment and enjoying a relaxing weekend. Amanora Mall and Seasons Mall are the closest options in Magarpatta. Inorbit Mall and Inox are the other options, a little further away. 
  12. Many upcoming developments are set to boost the growth of NIBM Road and its surroundings. The proposed 129 km long Ring Road will provide unprecedented connectivity across and around the city, connecting many smaller towns and villages. Similarly, the planned second airport in Purandar is closer to this region and provides an alternative to the Lohegaon airport. These infrastructure developments will subsequently increase rental yields and property prices as well.



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