New Launch - India Real Estate Report 2026.

Mane Wasti Road

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Avg. Rate

6,704/sq. ft

Locality rating icon

Locality Rating

4.5/10

Mane Wasti Road is a rapidly evolving residential and commercial corridor located in the Wakad area of northwestern Pune, a key node in the city’s IT and infrastructure growth story. Historically a quiet agrarian periphery, the locality has transformed over the past decade due to Pune’s urban sprawl and the expansion of the Hinjewadi IT Park. Its strategic location near major employment hubs has attracted developers and homebuyers alike, leading to a surge in real estate activity and urbanization. The road is now flanked by a growing number of gated residential complexes, affordable and mid-segment apartments, and commercial establishments catering to the daily needs of residents. While still in the development phase, the area offers access to essential amenities such as grocery stores, pharmacies, eateries, and banking services. Property options range from compact 1BHK units to spacious 3BHK flats and independent villas, appealing to young professionals, IT employees, and small families. Connectivity is one of Mane Wasti Road’s strongest assets, with seamless access to the Mumbai-Pune Expressway, Wakad Road, and the Hinjewadi Rajiv Gandhi Infotech Park. Public transport options including PMPML buses provide regular service to major business districts. With ongoing infrastructure upgrades and rising demand from the IT workforce, Mane Wasti Road is emerging as a sought-after residential destination in Pune’s western corridor.

Region

Wakad

City

Pune

District

Pune

State

Maharashtra

Pincode

411057

Population

17,500

Nearest Airport

Pune Airport (PNQ)

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The Good

As mentioned, its proximity to Hinjewadi and access to major roads is a big plus.

Due to the ongoing development and increasing demand driven by the IT sector, property values in the area have the potential to appreciate in the future.

As the population increases, so does the availability of amenities like schools, hospitals, and shopping centers.

You can find apartments, villas, and other housing types to suit different needs and budgets.

Locality price index icon

The Bad

The area is still under development, so you'll likely encounter ongoing construction activities, which can lead to noise and dust pollution.

Aurum Price Index for Mane wasti road

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

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%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

6,704/sq. ft

Average Price Range

3,05014,534

Trend (5Y)

75.7%

Nearby Neighborhoods

Mane Wasti

Mane Wasti is a growing residential locality situated in the vibrant suburb of Wakad, in northwestern Pune, Maharashtra. Once a quiet agrarian settlement, it has transformed significantly over the past decade due to Pune's urban expansion and the rise of nearby IT hubs. Its integration into Wakad’s development corridor has led to increased demand for housing, particularly from young professionals and families seeking well-connected, modern living spaces. The area offers a mix of residential options, including affordable independent houses, mid-range apartments, and premium gated communities, catering to diverse buyer segments. Proximity to major employment centers like Hinjewadi IT Park and Magarpatta City has made Mane Wasti a preferred choice for IT professionals. The real estate market here has seen steady appreciation, driven by infrastructural improvements and rising occupancy rates. Mane Wasti benefits from its strategic location near key transport arteries, including the Pune-Bangalore Highway and the Mumbai-Pune Expressway, ensuring seamless connectivity to other parts of the city. Civic infrastructure is evolving, with new schools, healthcare centers, and retail options emerging to meet growing demand. While development is rapid, some aspects like drainage and last-mile road connectivity are still catching up with population growth.

Avg. Rate

6,039/sq. ft

Locality Rating

4.5/10

Explore Neighbourhood

Royal Oak Society Road

Royal Oak Society Road is a well-established residential locality in Wakad, Pune, known for its peaceful environment and well-planned layout. Developed primarily in the early 2010s, the area has evolved into a sought-after address due to its balanced mix of independent houses and modern apartment complexes. Its proximity to Hinjewadi IT Park has made it a preferred choice for IT professionals seeking a serene yet well-connected neighborhood. The area features robust residential infrastructure with gated communities offering amenities such as clubhouses, gyms, swimming pools, and children's play areas. Security is a priority, with 24/7 surveillance and gated access across most societies. The community is vibrant, with regular resident-organized events fostering a strong neighborhood culture. Strategically located, Royal Oak Society Road enjoys excellent connectivity to major employment hubs, educational institutions, and commercial centers. It lies just off the Mumbai-Bangalore Highway (NH 48), enabling seamless access to Hinjewadi, Baner, and Pimpri-Chinchwad. With ongoing urban development in Wakad, property values here are expected to appreciate steadily, making it a compelling option for homebuyers and investors alike.

Avg. Rate

6,526/sq. ft

Locality Rating

4.5/10

Explore Neighbourhood

GG Bhandare Road

GG Bhandare Road is a rapidly developing arterial corridor in Wakad, one of Pune’s most dynamic suburbs in the northwestern region. Historically an extension of Pimple Saudagar’s urban sprawl, the area has evolved into a key residential and commercial hub due to its strategic location near Hinjawadi IT Park. The road serves as a vital link between Wakad and major business districts, witnessing heavy daily commuter traffic while maintaining relatively good road infrastructure compared to older parts of the city. Residential development along GG Bhandare Road has surged in the last decade, with numerous mid-rise and high-rise apartment complexes catering to IT professionals, young families, and investors. The area offers a mix of budget-friendly housing and premium developments, driven by strong demand from the tech workforce employed in nearby IT clusters. Despite ongoing construction activity, basic civic amenities and utilities are well-established, supporting the growing population. Commercial growth parallels residential expansion, with ground-floor retail spaces housing grocery stores, pharmacies, cafes, and service outlets. Proximity to major employment centers, coupled with improving social infrastructure such as schools and hospitals, makes GG Bhandare Road a sought-after location. However, challenges like traffic congestion and inconsistent last-mile connectivity remain areas of concern for residents and planners alike.

Avg. Rate

6,101/sq. ft

Locality Rating

4.5/10

Explore Neighbourhood

Frequently Asked Questions

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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