Overview
Kalyani Nagar has emerged as one of the most prominent and established commercial and residential real estate destinations on the Eastern Corridor of Pune. It comes under the jurisdiction of Pune Municipal Corporation. Though it was a residential area but rapid development and improved approach ability over the years has seen the development of many new buildings, shopping Malls and big name companies like HSBC, Capgemini and Cybage set up their offices here. Over the past decade, with the IT boom, this area transformed into a central suburb with a host of basic and luxury amenities at stone’s throw distances. Another main attraction in this area is the Gold Big Cinemas Multiplex, definitely a great weekend fun outing for families and friends similarly. Yerwada Village, Kashmiri Colony, Gandhi Nagar, Sankalp Nagari, Ramwadi, Adarsh Nagar are its neighboring localities.
Connectivity
A wide network of roads provides excellent connectivity in Kalyani Nagar, and also to areas beyond. The Pune Nagar Road, East Avenue, North Avenue, Holy Cross Road, Vithalrao Vandekar Road, and Central Avenue are the major roads that pass through Kalyani Nagar, linking a number of crossroads across the area. It’s connectivity to Pune-Mumbai Expressway has another major contributing factor. Pune Junction Railway Station is the nearest station to Kalyani Nagar. The area enjoys excellent connectivity and is well linked to other parts of the city through a strong network of roads. Locality of Kalyani Nagar is surrounded by Pune Nagar Road and East Avenue Road which further connects it to the New Airport Road and Samrat Ashoka Road. It enjoys excellent connectivity to Pune Airport which is located at a distance of 5.6 km via New Airport Road.
Factors for past growth
Its strategic location between Koregaon Park and Viman Nagar and proximity to the Pune Airport, Pune Junction railway station and close connection to Kharadi and Hadapsar makes it an ideal destination for IT/ITES companies. And it has given job opportunities to migrants. This makes it easier for working people to reside close to their workplace, thereby saving time and money on commuting. As a result, rentals demands for 1 BHK flats have increased in the recent past. The Maharashtra Government responded to its potential by beginning construction of the Kalyani Nagar-Koregaon Park connecting bridge by linking two of the most progressive and vibrant localities. The ease of transport and commuting has resulted in even higher industrial and retail activity, and has given a major boost to the residential property sector, as well.
Factors for future growth
With an increase in the city’s population, the IT boom and a resulting large migrant population, the region has seen considerable residential activity. Kalyani Nagar has potential for growth in the future largely due to the two large IT parks located in the region. This will help to improve the existing infrastructure in Kalyani Nagar.
Infrastructural Development (Social & Physical)
The Lexicon International School-Kalyani Nagar, Orange Ivy Play School, Primrose Nursery School, Poona School and Home For Blind, Don Bosco High School, St. Arnold’s Central School and CP Goenka International Schools are some good quality schools in the vicinity. Some of the renowned hospitals providing health care facilities to the resident of Kalyani Nagar are Cloudnine Hospital-Kalyani Nagar, Katariya Hospital, Shah Accident Hospital, Sahyadri Speciality Hospital-Nagar Road and Inlaks and Budhrani Hospital to name a few.
