Considered to be one of the premium pin codes in Pune, Koregaon Park is a residential locality with ample greenery and open spaces. Home to some of the wealthiest Puneites, it boasts of robust social and physical infrastructure. Old bungalows and parks can still be seen in the narrow lanes of the locality.
Seamless connectivity coupled with robust infrastructure has significantly helped the realty market of Koregaon Park climb the realty ladder.
Did You Know?
Koregaon Park holds the record for the maximum number of bungalows in one place in the state of Maharashtra.
Commute
This green locality has two major roads running parallel to each other – the North Main Road and the South Main Road, which are connected by link roads. Apart from being well connected to its neighbourhoods like Kalyani Nagar, Mundhawa, Yerwada, and Magarpatta; the locality is easily accessible to other parts of Pune too. The international airport and railway stations are at a distance of about 6km and 4km respectively.
Lifestyle
With German Bakery, Osho Ashram, Hotel Westin, and Chabad House in the vicinity, the lifestyle quotient scores high here. Its sizeable green cover makes it one of the most desirable locations in the city.
Eating Out
Koregaon Park has some great places to satiate those gastronomical pangs. Savya Rasa, Squisito, Malaka Spice, Sassy Spoon, Murphiesetc are some of the top-rated eateries in the locality.
Top Projects
Schools/Educational Institutions
- Pujya Kasturba Gandhi English Medium School
- Shree Sant Gadage Maharaj Vidhyalaya
- St Felix High School
- Poona School and Home for Blind
Hospitals
- Fabiani & Budhrani Heart Institute
- Dr Bapusaheb Genuji Kavadepatil Hospital
- Kirpalani and Kundnani Eye Institute
The Real Estate Market
The property values in Koregaon Park are the highest in India after South ’Mumbai’s real estate market and Delhi’s Lutyens bungalow zone. Being a posh residential locality, it only offers properties in the premium segment. At present, the property rates are in the range of Rs 9,000-13,000 per sq. ft.
What to Expect
Over the last few years, the presence of the Osho Ashram has attracted several NRIs to Koregaon Park. This coupled with a low supply of projects has resulted in exorbitant property prices in the locality. Over the last decade, it has evolved into a vibrant locality with the right mix of the old-world charm and new world dynamism.