Properties to Buy in NIBM

This developing locality in Pune has earned its name thanks to the National Institute of Bank Management. The NIBM Road winds through the city for 3.5 km, covering portions of Mohammed Wadi and Undri. It is strategically located in the south of Pune and connected to well-developed areas. Reputable educational institutes, medical services, and entertainment hubs are close at hand to the new projects in NIBM, Pune making them a drool-worthy choice.

Connectivity

The residential projects in NIBM, Pune, are conveniently located, making the daily commute smooth and easy. Residents have access to two railway stations, the Pune Junction Railway (9.1 km) and Hadapsar Railway Station (10.4 km). The drive to Pune International Airport takes about 34 minutes (15.4 km). The nearest metro station, Ideal Colony, is only 4.1 km away.

Cafe Zam Zam (10.8 km), Dobjrajee’s NIBM (11.1 km), and Dorabjee’s Royale Heritage Mall (13.1 km) are some of the famous landmarks in this area.

Some of the most distinguished schools are adjacent to NIBM Road, such as Iqra Islamic School & Maktab (10.2 km), RIMS International School and Junior College (10.9 km), Oysters International School (11.7 km), and SPAN International Academy (15.8 km). Other acclaimed educational institutions in proximity to this area include the National Institute of Bank Management (10.6 km, ASM (CSIT) College of Commerce, and Science and Information Technology (15.8 km).

This locality has access to trusted healthcare centres like Satyanand Hospital (10.8 km), Motherhood Hospital (14.7 km), and Chhaya Hospital (Maternity & Fertility Centre) (13 km). The Phursungi IT Park is located within a 16.5 km radius. Various entertainment hotspots and recreational hubs residents can visit in the area are City Pride Multiplex (5.2 km), Cru Mall (7.9 km), Amanora Mall (12.5 km), Dobrajee’s Royale Heritage Mall, and Inorbit Mall (11.2 KM).

Price Trends

The price trend of multi storey residential apartments in NIBM Road has gone upward on the graph. While in 2017, the average price of an apartment was ₹ 6,266 per sq. ft., it has increased to ₹ 7,262 per sq. ft. in 2022. The average cost of residential properties in NIBM, Pune, saw a hike of 2.71% in July-October, promising future growth.

Over the past few years, new projects in NIBM have seen sustainable growth in all aspects. From having an excellent infrastructure to smooth access to various necessities all at the doorstep, NIBM is a honeypot for prospective buyers wanting to settle in Pune.