Sprawling across 600 acres, Magarpatta is a privately-owned gated community in Pune. It has a residential area, schools, shopping complex, hospitals, restaurants, and much more to cater to the needs of the residents. Proximity to IT/ITES companies has transformed it into one of the most preferred residential destinations among homebuyers.
Did You Know?
Magarpatta was initially farmland in Pune’s Hadapsar, owned by the Magar family. Satish Magar, the chairman and MD of Magarpatta city, owned nearly 100 acres of the land.
Commute
Magarpatta is well connected to other parts of Pune as well as Maharashtra through roadways and railways. Pune Mahanagar Parivahan Mahamandal Limited (PMPML) serves this locality through two bus depots. The international airport is just 30 mins from Magarpatta.
Saswad Road, Mumbai-Hyderabad Highway, and Solapur Road are some of the major roads that run through this area.
Lifestyle
With some great MNCs housed in CyberCity and Pentagon; the locality has emerged as a destination for white-collar employees. Great civic amenities, good connectivity, and rapid infrastructure development have made it a premium housing destination in Pune.
Eating Out
TGI Fridays, Wah Marathi, Marrakesh, Altitude, and Global Punjab are some of the popular eating joints in the locality.
Top Projects
Schools/Educational Institutions
- Magarpatta City Public School
- VIBGYOR High School
- The HDFC School
- Mentor International School
Hospitals
- Noble Hospital
- Life Care Multispeciality Hospital
- Annasaheb Magar Hospital
- Gupte Hospital
The Real Estate Market
This upmarket neighbourhood offers an array of property options in luxury and mid-segment. In terms of property type, apartments dominate the property spectrum. The ongoing property values are in the range of Rs 6,600-9,500 per sq. ft.
What to Expect
With proximity to IT/ITeS hubs, CyberCity, commercial hubs and shopping malls, Magarpatta gets good housing demand. Thus, it evolves as an ideal destination for both end-users as well as investors.