Handewadi, Pune

Handewadi is a rapidly developing residential area situated in the south-eastern part of Pune, Maharashtra. Handewadi PIN code is 412308, this emerging locality is strategically positioned near several established neighbourhoods including Undri, Pisoli, Holkarwadi, Yewalewadi, and Kondhwa. The area has seen significant growth in recent years due to its proximity to major IT hubs and excellent connectivity to other parts of the city. The locality offers a perfect blend of urban amenities while maintaining a peaceful suburban atmosphere.

The demographic makeup of Handewadi Pune is predominantly working professionals, particularly those employed in the IT and services sectors. The area attracts a mix of young families and professionals due to its affordable housing options and proximity to workplace hubs. The locality boasts a vibrant multicultural environment, with residents from various parts of India creating a diverse and inclusive community. The lifestyle here is modern yet laid-back, with a good balance of residential complexes, local markets, and recreational spaces.

Physical Infrastructure of Handewadi

When looking at the Handewadi map, the area showcases impressive infrastructure development. The locality is well-connected to other parts of Pune through multiple transportation options. Saswad Road is the key route in this area. The Swargate metro station on the Purple line, located 13 km away, provides convenient access to the city centre. The Pune railway station, situated 13 km from the area, offers excellent connectivity to other major cities. The Pune International Airport is just 16 km away, making it convenient for frequent travellers. The road network is well-developed, with easy access to major highways and arterial roads connecting to different parts of the city.

Social and Retail Infrastructure of Handewadi

The Handewadi infrastructure has evolved significantly to meet residents' needs. The area hosts several prominent educational institutions, including Swami Vivekanand School and Delhi Public School, which are known for their quality education. For higher education, JSPM's Jayawantrao Sawant College of Commerce & Science and Keystone School of Engineering offer excellent opportunities. Healthcare facilities are readily available with Yashasvi Hospital and Lifeline Hospital providing comprehensive medical services. Shopping and entertainment needs are well-served by Royale Heritage Mall and Clover Hills Plaza, which offer a mix of retail outlets, restaurants, and entertainment options. The area also features numerous local markets, convenience stores, and recreational facilities that cater to daily needs.

Real Estate Market Trends and Rental Demand in Handewadi

The Handewadi Property Rates have shown steady appreciation over the years, making it an attractive option for both investors and end-users. Property prices currently range from Rs. 2,894 to Rs. 17,399 per square foot, offering options across different budget segments. The Handewadi Property Price trend indicates consistent growth, driven by improving infrastructure and proximity to IT hubs. The rental market is equally robust, with monthly rentals ranging from Rs. 8,000 to Rs. 15,000, attracting a steady stream of tenants, particularly young professionals and families. The area's affordability compared to nearby premium localities, combined with developing infrastructure and employment opportunities, has contributed to sustained demand in both sale and rental segments.

Top Employment Hubs near Handewadi

Handewadi's strategic location makes it a preferred residential choice for professionals working in various business districts. The area offers excellent connectivity to multiple employment hubs, making daily commutes convenient for working professionals. Some of the top employment hubs near Handewadi include:

• Swami Vivekanand Industrial estate - 3.4km
• Solitaire Square - 9.6km
• Cybercity Tower 6 - 9.5km
• Farena Corporate Park - 9.9km
• Raja Shree Business Park - 13.4km

Famous Sub-Localities near Handewadi

Handewadi is surrounded by several well-developed and emerging neighbourhoods that contribute to its appeal. Some of the most popular areas near Handewadi include:

• Undri
• Pisoli
• Holkarwadi
• Yewalewadi
• Kondhwa

Things to do in Handewadi

Some of the top landmarks and things to do near Handewadi include:

• Empress Botanical Garden (9.6km): Spread across 55 hectares, this 150-year-old garden has a rare and rich collection of over 1000 species of plants, trees, and herbs. Don't miss the orchid house.
• Mahadji Shinde Chhatri (8.9km): This impressive memorial was built for the Peshwa dynasty's military commander, Mahadaji Shinde. Its architecture is inspired by Islamic design.
• Raja Dinkar Kelkar Museum (14km): Housed in a 200-year-old royal residence, this museum has artefacts from the lives of common Maratha people from the 18th-19th century. Folk musical instruments are a highlight.
• Vishrambaug Wada (14km): This 18th-century mansion of the Peshwa rulers is notable for its striking yellow pillars. Wander the hall showcasing artefacts from the period.
• Laal Mahaal (14.4km): This stunning red-coloured pavilion was a retreat for the Peshwa dynasty. Its light and sound show narrates tales of the lineage.

What's Good about Handewadi:

• Excellent connectivity to major employment hubs
• Affordable housing options compared to nearby premium areas
• Growing social infrastructure
• Good mix of modern amenities and peaceful environment
• Strong potential for property value appreciation

What's not Good about Handewadi:

• Public transport infrastructure needs enhancement
• More entertainment and recreation facilities required
• Internal roads need better maintenance
• Additional healthcare facilities would be beneficial
• Public parks and open spaces could be developed further