Property Rates

Average Buy Price
7,440/sq ft
Average Rent for 2 BHK
20,700/month

Location Map of Viman Nagar

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Project Collections for Viman Nagar

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Ready To Move
151 Projects
Pre Launch
5 Projects
Under Construction
17 Projects

About Viman Nagar

Known as Dunkirk Lines prior to Indian Independence, Viman Nagar is a locality situated in the eastern part of Pune. It gets its name from its proximity to Pune’s domestic-cum-international airport, which is actually a military air station. It is part of Pune’s suburban business district.

 

Viman Nagar has Pune Airport to its north, Kharadi to its east, Shastri Nagar to its west and Kalyani Nagar to its south. The nearby localities include Sankalp Nagri, Aga Nagar, Kargil Vijay Nagar, Somnath Nagar, Ramwadi, Chandan Nagar, Puru Society and Shastri Nagar.

 

Viman Nagar has a well-equipped infrastructure. There are many educational institutes here, like Symbiosis Centre for Management Studies, International Institute of Hotel Management, Symbiosis Institute of Design, Symbiosis College, Air Force School and Muenchen International Business School. Schools in the area include Symbiosis International School, Billabong High International School, Kendriya Vidyalaya, Rosary School and Oi Play School. There is an Apollo Clinic too in this locality. Other hospitals include Ruby Hall Clinic, Sahyadri Hospital, Jehangir Hospital, and Children’s Clinic.

 

Further, Viman Nagar has many restaurants, malls, hotels and shopping centres. Star-rated hotels like Hyatt Regency Pune, Hyatt Pune, Four Points by Sheraton, Fortune Inn Jukaso Pune, Ibis Pune, Hotel Brookside, Hotel Parc Estique, Hotel Ivy Studios and Hotel New Leaf are also found in this area. The famous Phoenix Market City and Inorbit Mall are frequently visited by people in the city.

 

Key Projects in Viman Nagar : 

Shree Radhe

 

Connectivity and Transit Points

 

The Pune Airport is at a distance of just 3 km from Viman Nagar, which is very convenient for frequent air travellers. The nearest railway station is the Pune Junction, the main railway station, and is about 7 km away.

 

Auto-rickshaws, cabs, buses, and shared auto systems (tam-tams) are common modes of local transport. PMPML (Pune Mahanagar Parivahan Mahamandal Limited) operates buses here, which are used by everyone, thanks to the low bus fare.

 

The major transit points in Viman Nagar are Ramwadi, Viman Nagar Police Chowki, Deepak Market, Datta Mandir, Corporation Bank, Konark Corner, Konark Nagar, Gangapuram, and Mhada Colony (Ganga Nagar).

 

Major Landmarks

 

●     Datta Mandir

●     Phoenix Market City

●     Inorbit Mall

●     Joggers Park

●     Lunkad Daffodils

●     Novotel

●     Rose Garden

●     Four Points by Sheraton

 

Factors for Growth in the Past

 

The Pune-Ahmednagar highway MH SH-27 passes through Viman Nagar. This boosted the connectivity in the area. The presence of the Pune Airport nearby increased the commercial development too, so much so that the commercial property rates are expected to increase significantly in the coming years.

 

The airport has also resulted in the establishment of a number of star-rated hotels, especially to cater to the needs of the business class. Also, large swaths of vacant land pockets available in this locality have helped the IT sector flourish in this locality. Weikfield IT Park, Panchshil Realty Tech Park, Giga Space, Raheja Commerzone, Eon Free Zone, E Space IT Park, and Marvel Edge are some of the many IT parks around.

 

Residential Market in Viman Nagar

 

Residential projects in large numbers are up and running in this area. The property rates have increased tremendously over the years too. The property prices have almost doubled over the last four years. The presence of IT parks has also boosted the growth of the residential sector.

 

Projects by Lunkad, such as Greenland, Amazon, Dreamland, Daffodils, Orchids, and Colonnade, and Konark Campus, Mystique Moods, Oakwoods, Gulmohar Royale, and Akshay Apartments are some of the major residential complexes in the vicinity.

 

The multi-storeyed apartments in Viman Nagar are being sold at around Rs. 7,150 per sq. ft. on average. The residential houses cost around Rs. 6,750 per sq. ft. for purchase, and Rs. 17 per sq. ft. for rent.

 

Major Challenges

 

The residents of Viman Nagar are facing water shortage, which is worsening with the increasing population and industrialization in the area. Apart from that, there are power supply challenges in many parts.

 

The six main chowks of Viman Nagar are experiencing heavy traffic during the peak hours. The traffic signals don’t function properly sometimes, adding to the chaos. There isn’t enough parking space available and the vehicles are parked along the roads, adding to the traffic jams.

 

There have been complaints about the street lights as well, raising concerns on safety in the nights. The sanitary level is also poor. With increasing industrialization, the number of labourers who work here are increasing, and there aren’t enough public toilets for them, leading to a compromise in the cleanliness of the locality.

 

Factors for Growth in the Future

 

The most important development in Viman Nagar is the construction of the Pune Bus Rapid Transit. This will certainly help ease traffic problems and attract potential property buyers for ease of connectivity and investment potential.

 

To cater to the increasing need of CNG, CNG pumps are being set up throughout the city, by the Maharashtra Natural Gas Limited (MNGL). Viman Nagar is among the chosen areas.

 

A water meter project has been established in Viman Nagar to tackle water shortage. About 1,800 households in this area would come under this plan, where the residents will be made accountable for every drop of water used, as well as wasted because of leakage and other factors.

 

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The information provided herein have been collected from publicly available sources, and is yet to be verified as per RERA guidelines.*

The information sources used here include onsite interviews, marketing material and other information sources on the internet. The information related to ownership of this property are also based on material gathered from public sources mentioned above or as has been declared to us by the owners/person listing the property. These data have not yet been verified against authentic documents, and are only indicative of the actual situation of this property, project or land holding, and their ownership.

At CommonFloor, we provide this information to help our users find publicly available data in a structured format. We are in the process of connecting with the relevant owners and verifying the data as per the provisions of the Real Estate (Regulation and Development) Act, 2016. We will keep updating the information here regularly. While we believe that the information provided to you is correct on the basis of the data provided to us, please consider this data and information as indicative and use your judgement and verify any information before making any decision.