Avg. Rate
₹ 6,646/sq. ft
Locality Rating
5/10
Bhagwan Nagar, located in the rapidly urbanizing Wakad region of Pune, has evolved from a quiet residential pocket into a sought-after neighborhood due to its strategic location and infrastructural growth. The area features a balanced mix of independent houses, mid-rise apartments, and modern residential complexes, catering to both families and professionals. Over the past decade, steady real estate development has transformed Bhagwan Nagar into a well-connected suburb with improved civic amenities and housing options. Situated just off the Pune-Bangalore Highway, Bhagwan Nagar enjoys seamless connectivity to key employment hubs like Hinjewadi IT Park, making it a preferred choice for IT professionals. The influx of residents has driven the expansion of essential infrastructure, including upgraded roads, drainage systems, and public utilities. Proximity to major tech parks and educational institutions continues to fuel demand for housing in this zone. Residents benefit from access to reputed schools such as Indira National School and Bharat School, along with healthcare facilities like Sahyadri Super Speciality Hospital and Columbia Asia. Shopping centers including Amanora Town Centre and nearby retail markets provide daily convenience and lifestyle options. With average 2BHK prices around ₹1.01 crore and a price per square foot of ₹13,897, Bhagwan Nagar offers relatively competitive real estate value within the Wakad corridor.
Region
Wakad
City
Pune
District
Pune
State
Maharashtra
Pincode
411057
Population
20,000
Schools
1
Nearest Airport
Pune Airport (PNQ)
Bhagwan Nagar benefits from its prime location in Wakad, placing it close to Hinjewadi IT Park
Short commute to Hinjewadi IT Park.
New roads, drainage systems, and public utilities are constantly being added, enhancing the overall living experience.
Bhagwan Nagar is gradually developing its social infrastructure.
Construction activity can lead to noise pollution and traffic congestion.
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 6,646/sq. ft
Average Price Range
₹ 3,651 – 12,073
Trend (5Y)
▲ 47.2%
Rates and Trends
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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