Avg. Rate
₹ 5,530/sq. ft
Locality Rating
4.5/10
Magnova Manor Road is a residential street in Wakad, a fast-growing suburb within the Pimpri-Chinchwad Municipal Corporation (PCMC) limits of Pune, Maharashtra. Nestled in the western part of Pune, Wakad has evolved from a quiet locality into a key node for IT professionals and real estate investors due to its strategic location near Hinjewadi IT Park and seamless connectivity to major transport corridors. Magnova Manor Road primarily features modern apartment complexes and independent homes, catering to young professionals, nuclear families, and investors seeking well-connected, mid-to-high-end housing options. The area has witnessed rapid infrastructural advancement in recent years, with widened roads, improved drainage systems, and enhanced public utilities supporting the influx of residents. Proximity to the Mumbai-Pune Expressway and upcoming metro connectivity has further boosted its appeal, making daily commutes more manageable despite the growing population. As part of the larger Wakad micro-market, Magnova Manor Road benefits from the area’s transformation into a mixed-use hub with retail, commercial, and residential developments. Real estate on Magnova Manor Road reflects the broader trends in Wakad—steady price appreciation, high demand for 2BHK and 3BHK units, and a shift toward gated communities with modern amenities. While specific project data is limited, the road is surrounded by established and upcoming developments offering security, recreational facilities, and smart home features. The combination of livability, connectivity, and investment potential makes Magnova Manor Road a sought-after address in Pune’s western corridor.
Region
Wakad
City
Pune
District
Pune
State
Maharashtra
Pincode
411057
Population
1,50,000
Nearest Airport
Pune Airport (PNQ)
Close proximity to IT parks and major roads reduces commute times for many residents.
Easy access to essential amenities like schools, hospitals, supermarkets, and entertainment venues.
While Wakad is developing commercially, areas like Magnova Manor Road are likely primarily residential, offering a quieter environment.
Property values in Wakad have been steadily increasing, making it a potentially good investment.
Like many rapidly developing areas, Wakad can experience traffic congestion, especially during peak hours.
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
₹ 5,530/sq. ft
Average Price Range
₹ 3,050 – 10,079
Trend (5Y)
▲ 48.5%
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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