SOUTH PUNE (NIBM & Nearby Areas): Recent INFRA Push & Luxury Developments fueling New Growth Story.
My Dear Friends & Readers,
anyways, first, i wish to admit that i have missed lots of opportunities by ignoring this NIBM area and discovering now and examining the fact of current growth , expansion and how beautifully it's shaping however still lot to happen at this location as i feel now crucial blockade has been removed therefore thought to write this article to draw attention & spread awareness to let all know great potentials of this location. hope, all of my readers will find this effort usefull & helpful.
What is called "NIBM"?
NIBM (National institute of Banking Management) is a landmark well-known in South Pune, it was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management. NIBM Pune has been ranked 76th by NIRF Ranking 2023 among the top management institutes in India. The Institute is located in sylvan surroundings in a picturesque valley of South Pune city in the State of Maharashtra. The Campus is spread over a 62 acre plot of natural landscape with minimum of distraction and pollution. it's one of the oldest established premises on this fabulous hilly side of Pune city, although now there are many other prominent landmarks are coming up recently like clover hills plaza, the ark / Tribeca Highstreet, Raheja & Dorabjee mall stretching to Pune's only 7 star resort of Corinthians club. these all places are getting fame in recent times.
Although, this location is very near to center of Pune, hardly 5-6 km away from mg road, camp area & command hospital but due to lack of infrastructure which was resisting growth of this entire area and it's always underrated and legging behind other growing locations of east pune (kharadi) and west pune (hinjewadi) however it's important to note that both these locations of east pune (kharadi) and west pune (hinjewadi) are at least 15-30 km away form centre of Pune city so everyone will wonder that why so near & such a fantastic location of NIBM area has't been doing so well & recognized ?
The only reason of this area growth hindrance was Road infrastructure because this area spreads in hills, it was not easy to develop roads & basic infra however recently this has changed, thanks to Pune municipal corporation initiative supported by local politicians & pushed/sponsored by builders/Residents of this area.
After
(*This above was the only reason which was holding me to recommend & market this stupendous location aggressively. )
The recent developments of luxurious projects of trump venture Tribeca Highstreet, Lodha & Raheja & many others have made this area upscale and inspired all builders to come up similar theme to cater & offer best life style projects where every basic to luxurious amenities are provided in plenty. still, it's currently shaping so plenty of developments like highstreets, new planned state of the art residential / commercial projects will come up and transform this locality to be one of the best places to stay not only in Pune city but in entire India.
it seems, nothing is short here now, All ingredients like location, basic necessities of schools, hospitals, retail / departmental stores, restaurants, lounges, nature & meditation paradise, forest trails, one the best cool breezy hilly weather and now upliftment in road infrastructure fueling the new growth story of every businesses in this location be it real estate, retail brands, F&B and restaurant, entertainment & services sector etc. there are no downsides & only this location will get better & better day by day with new upcoming developments & infrastructure.
it's very important to understand that nowadays, real estate market is not such that buy any property anywhere and expect good returns for it and may end up no return dead investment therefore it requires proper research and after surveying on the ground, one should decide for it as an opportunities always change with the time. for that, an expert needs to be consulted & hired which will not only benefit in finding right opportunity for buying property but also to manage it professionally at the later stage as it will involve many aspect of managing, leasing / renting and selling the property at the later stage to make earning & profit out of it. experienced expert can also be a great help in finding best suitable property for endusers.
Dear Friends / Readers,
Wish to also urge all of you Readers of this article to add your valuable comments if you feel this piece of information is helpful or if any point has been missed out or any point needs more elaboration which can make this article more informative & purposeful for readers. Your participation with your comments either appreciation or adding information, will be also a great motivation & encouragement for me to keep putting efforts in writing more such topics/articles related to real estate where intention is to spread information & enhance knowledge for all. Please also don’t forget to mention your name along with your comment so that readers can able to correlate & appreciate it also. Comment box is available at the bottom of this article.
NIBM (National institute of Banking Management) is a landmark well-known in South Pune, it was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management. NIBM Pune has been ranked 76th by NIRF Ranking 2023 among the top management institutes in India. The Institute is located in sylvan surroundings in a picturesque valley of South Pune city in the State of Maharashtra. The Campus is spread over a 62 acre plot of natural landscape with minimum of distraction and pollution. it's one of the oldest established premises on this fabulous hilly side of Pune city, although now there are many other prominent landmarks are coming up recently like clover hills plaza, the ark / Tribeca Highstreet, Raheja & Dorabjee mall stretching to Pune's only 7 star resort of Corinthians club. these all places are getting fame in recent times.
Soon, this area may be famously recognised as Tribeca Highstreet stretching to Raheja Highstreet with more retails spreading all around it.
PROXIMITY
This NIBM location is very near to Pune's city Centre of MG road & cantonment area, Business hubs like market yard, Peth areas are away at manageable distance, Pune's main railway station & Bus Stand (swargate) are again within 20-25 minutes drive away, one can say that this NIBM location is simply an extension of pune city centre.
This NIBM location is very near to Pune's city Centre of MG road & cantonment area, Business hubs like market yard, Peth areas are away at manageable distance, Pune's main railway station & Bus Stand (swargate) are again within 20-25 minutes drive away, one can say that this NIBM location is simply an extension of pune city centre.
also this location is surrounded with Pune's finest schools names like DPS (Delhi public school), Bishops, Vibgyor, Sunskruti, EURO & colleges engineering & management colleges etc. which beocome hub to offers best education in pune city.. Top renowned hospitals like command hospital, Ruby hall clinic and Inamdar multispecility hospitals are fully functional along with many Doctor clinics to serve any medical and health need. having very easy connectivity to Pune - Mumbai-Goa -Bangalore expressway, equally distant to IT parks Magarpatta & Shapoorji Pallonji IBM campus. iconic places like Race course, Empress garden and command hospital are also in easy proximities. 
Being surrounded by the hills and touching to katraj & bopdev ghats makes this location very scenic, beautiful and breezy most of the year and having plenty of reserve forest area of 200 acres touching NIBM campus and also forest trails of Anand van where bird soothing chirpings are so loud that one can meditate and forget the time. the calmness of nature is one of the best USP of this location which is rare to get nowadays. this is the only location which touches to so many hilly areas of Bopdev ghat, katraj ghat at the height from where entire Pune city is visible, watching stunning sun rise, sun sets & full moon are just a normal thing in this location. even, renowned hill stations of Panchgani & Mahabaleshwer are just 2-3 hours pleasant expressway drive. one can easily say that residing in this location is paradise for nature lovers.
NATURE's LAP
Being surrounded by the hills and touching to katraj & bopdev ghats makes this location very scenic, beautiful and breezy most of the year and having plenty of reserve forest area of 200 acres touching NIBM campus and also forest trails of Anand van where bird soothing chirpings are so loud that one can meditate and forget the time. the calmness of nature is one of the best USP of this location which is rare to get nowadays. this is the only location which touches to so many hilly areas of Bopdev ghat, katraj ghat at the height from where entire Pune city is visible, watching stunning sun rise, sun sets & full moon are just a normal thing in this location. even, renowned hill stations of Panchgani & Mahabaleshwer are just 2-3 hours pleasant expressway drive. one can easily say that residing in this location is paradise for nature lovers.
GROWTH OBSTACLE?
ROAD INFRASTRUCTURE PUSH
The only reason of this area growth hindrance was Road infrastructure because this area spreads in hills, it was not easy to develop roads & basic infra however recently this has changed, thanks to Pune municipal corporation initiative supported by local politicians & pushed/sponsored by builders/Residents of this area.
Roads are shaping now. one of the turning point is recent Road work to level steep hill of 30-40 feet near Anand Van forest trail/ Tribeca Highstreet to transform it to very smooth climb/ drive. this is really one of the engineering marvel which has changed dynamics of this super location. now, that bottleneck has been removed and roads are widening and many new roads are coming up to make the connectivity better. even metro is also coming near by Katraj area so it will also make this location more conveniently commuting to other parts of the Pune city.
Before
LUXURIOUS PLANNED DEVELOPEMNTS OF RESIDENTIAL /COMMERCIAL PROJECTS
The recent developments of luxurious projects of trump venture Tribeca Highstreet, Lodha & Raheja & many others have made this area upscale and inspired all builders to come up similar theme to cater & offer best life style projects where every basic to luxurious amenities are provided in plenty. still, it's currently shaping so plenty of developments like highstreets, new planned state of the art residential / commercial projects will come up and transform this locality to be one of the best places to stay not only in Pune city but in entire India.
FUTURE PROSPECTS & GROWTH POTENTIALS
it seems, nothing is short here now, All ingredients like location, basic necessities of schools, hospitals, retail / departmental stores, restaurants, lounges, nature & meditation paradise, forest trails, one the best cool breezy hilly weather and now upliftment in road infrastructure fueling the new growth story of every businesses in this location be it real estate, retail brands, F&B and restaurant, entertainment & services sector etc. there are no downsides & only this location will get better & better day by day with new upcoming developments & infrastructure.
it's highly recommendable if anybody looking to invest or settling in India then surely consider this fabulous Pune city in Maharashtra state and in Pune city surely think about NIBM nearby locations which will be not only offering a best life style to reside and work but also having tremendous potential to be a fruitful investment in future.
it's very important to understand that nowadays, real estate market is not such that buy any property anywhere and expect good returns for it and may end up no return dead investment therefore it requires proper research and after surveying on the ground, one should decide for it as an opportunities always change with the time. for that, an expert needs to be consulted & hired which will not only benefit in finding right opportunity for buying property but also to manage it professionally at the later stage as it will involve many aspect of managing, leasing / renting and selling the property at the later stage to make earning & profit out of it. experienced expert can also be a great help in finding best suitable property for endusers.
YOUR COMMENTS
Wish to also urge all of you Readers of this article to add your valuable comments if you feel this piece of information is helpful or if any point has been missed out or any point needs more elaboration which can make this article more informative & purposeful for readers. Your participation with your comments either appreciation or adding information, will be also a great motivation & encouragement for me to keep putting efforts in writing more such topics/articles related to real estate where intention is to spread information & enhance knowledge for all. Please also don’t forget to mention your name along with your comment so that readers can able to correlate & appreciate it also. Comment box is available at the bottom of this article.
Greetings Readers,
Further, I am also Delighted to share, with grace of God, we have opened our new office at K Raheja vistas Centrepoint at Raheja Vistas Circle, near TriBeCa Highstreet, NIBM, Pune.
We have been continuously putting hard work & serving since two decades to earn trust & satisfaction of our clients. looking forward your same extended support & blessings.
Now, we are fully functional at this location, please remember us for following services:
—REAL ESTATE (Buy-Sell-Rent High Ticket Properties/Land Plots Exclusive Mandate & Property Management)
Pls Contact #
Deepak Sundrani
+91- 9822052388
—HOME PAINTING (flat-house-office services) - Certified professionals from Asian Paints.
Pls Contact #
Lata Sundrani
+91-7709152388
Sharing few clients testimonials: #
http://punerealestate-deepak.blogspot.com/2024/02/client-testimonials.html
Our Real Estate Consultancy Services in Detail:
Real Estate Brokering and consulting services (Buy/Sell & Lease High ticket Properties in Pune, Panchgani, Mahabaleshwer, Lonavala, Mumbai & Goa cities of India.)
---BUY under construction Properties from Various Projects.
---Professional Assistance for NRI's & PIO's.
---Assistance for Bank Finance.
---RESALE Under construction or Ready Properties.
---Lease or Rent Properties to corporate or Individuals.
---Property Management.
---Buy/Sell already leased properties on ROI basis.
---Buy/Sell Land Plots for Long term Investment.
---Buy/Sell Bungalow Plots in Townships.
---Buy/Sell Land Plots Available for Immediate Development for Builders.
---Expertise in Marketing Real Estate Projects to NRI's.
---Invite discussion for sole selling Right to market projects.
---Proposal Invite/offer for Redevelopment of Properties in Societies.
---Invite Exclusive Marketing of all types of Real estate projects Land Plotting like NA plots / farm house plots or Constructed developments.
—-FOR LEASE/RENT: ENTIRE BUILDINGS/FULL FLOOR PLATES: commercial offices, shops, showrooms, retail mall spaces, Hotels, Restaurants, school, IT park offices etc.
ADDITIONAL CONSULTANCY SERVICES:
- PREPARING REPORT OF ALL RESIDENTIAL / COMMERCIAL PROJECTS IN SPECIFIC LOCATION OF MUMBAI OR PUNE CITY & ADVISING/ASSISTING INDEPANDENTLY TO PURCHASE BEST PROJECT FOR ENDUSE OR INVESTMENT.
- helping missing property ownership documents index2, purchase/sale agreements in PUNE city only.
- PAN card for any NRI / PIO without visiting India,
- Assistance in reducing TDS on sale of property legally (ENTIRE INDIA)
- Will & GIFT DEED (Mumbai, Pune & other major cities of Maharashtra state)
Rest assuring here that we work very ethically, honestly and professionally and for us, our client interest is utmost and foremost then anything else. We have already successfully assisted many NRI’s, EXPATS INVESTORS & LOCALITIES to purchase properties in both Mumbai & Pune cities as per their requirements & preferences and most of them are with us to manage their properties through us only so one can judge the level of trust & integrity we have in our work & services.
Looking forward to assist & serve genuine Sellers, Buyers & Investors who values experience & expertise.
wishing everyone good health and happiness.
Thanks & warm regards,
Deepak Sundrani
Cell / whatsapp: +91-9822052388 / 7498829332
Email: deepaksundrani@thegururealty.com
In the last decade, the growth and transformation of NIBM have been truly astounding. From a once overlooked area, it has emerged as a highly desirable location for property buyers. With the establishment of modern malls, state-of-the-art movie theaters, and upscale dining options, NIBM has become a self-sufficient and coveted community. Buyers are drawn to the abundant amenities, vibrant atmosphere, and promising investment opportunities that make NIBM an ideal place to call home.
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