NIBM Annexe is a well known developed residential location in the south of Pune. It is an extension to NIBM Road. It is one of Pune’s most recently developed residential areas and hailed as a fastest growing suburb. It shares proximity to Camp and the Cantonment area. This locality has seen a lot of buying action from buyers in a short period of time. Wanowrie, Wanwadi, Undri, Kondhwa, Fatima Nagar and Hadapsar Gaon are its neighboring localities. It has an advantage of being closer to MG road. The area is about 6 km from Magarpatta IT hub. The known neighbouring localities which are within 3 km distance area Undri, Mohammed Wadi and Kondhwa. Transport system of this area is good. Earlier, there was no frequent buses but now PCMC has started the buses that run often within the specific timing. Some of the key residential projects in NIBM Annexe are Lantana Court, Vertical Alcinia, Ganga Glitz Shine, Rising Landscapes, United Athena, Kolte Patil Margosa Heights among others.
The transport system of this area is good. It has close connectivity to M G Road via Wanawadi Road. NIBM Road, Kondhwa Road, Kedari Nagar Road, VR Shinde Road are the major roads passes through the locality which further connects it to the Mumbai Highway via Wanawadi Road and Parvati Road.
Saswad Road, Ghorpadi, Hadapsar, Pune Junction, Shivajinagar Railway Station are the nearby railway station. However, Pune Junction is the nearest railway station to NIBM Annexe.
It enjoys excellent connectivity to Pune International Airport which is located at a distance of 14.4 km via Airport Road.
Factors for past growth :
It’s proximity to Pune International Airport, Pune Junction along with Magarpatta IT Parks have been a plus point, driving residential demand and development in the locality. A fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace. As a result, apartments for sale in NIBM Annexe has experienced huge growth in the past.
Factors for future growth :
Proximity to Pune International Airport along with major IT Hubs like Lohia Jain IT Park, Magarpatta IT park, The Cerebrum IT Park and Pune IT Park have been a plus point for NIBM Annexe, driving rental demand and providing consistent rental yield.
It has emerged as a prominent residential destination for the workforce employed in central areas like the Cantonment / Camp area as well as areas like Kalyani Nagar and Hadapsar which have resulted in development of several residential, commercial and entertainment hubs nearby.
Infrastructural Development (Social & Physical) :
NIBM Annexe has some good quality schools in its vicinity. Some of them are Smartkidz Play School, RIMS International School & Junior College, Little Millennium-Salunke Vihar-Pune, Red Camel International School and Sungrace High School.
Some of the renowned hospitals providing health care facilities to the residents of NIBM Annexe includes H.V. Desai Eye Hospital, Artificial Limb Centre, Lifeline Hospital Pune, Inamdar Multispeciality Hospital, Sofia Hospital and National Hospital to name a few.
Dorabjee’s Mall, SGS Mall, Shoppers Stop, Seasons Malls are the major malls in the neighboring localities which serves the daily needs of the residents of NIBM Annexe.