Manjri, Pune

Manjri sits in Pune's eastern corridor, off the Pune-Solapur Highway, and has grown from a quiet industrial-cum-residential suburb into one of the city's most watched real estate micro-markets. Manjri is an industrial-cum-residential suburb in East Pune, home to a Special Economic Zone and the famous Serum Institute of India. This mix of industry, IT proximity and residential development has pulled in steady end-user and rental demand over the last few years.

The locality is broadly split across Manjari Budruk and Manjari Khurd, with new gated communities, plotted developments and high-rise apartment projects coming up across both pockets. Manjri is a mid segment locality situated in the eastern part of Pune, near Manjari, Manjari Budruk and Manjari Khurd. Its appeal largely comes from being sandwiched between established IT hubs and more affordable land parcels compared to central Pune.

What makes Manjri attractive to homebuyers is its balance of affordability and access. The neighborhood is comprised largely of IT professionals as it shares close proximity to Kharadi, Magarpatta and Hadapsar, with superb connectivity to the airport and Pune railway station. Reputed developers have taken note, with Godrej Properties and Kalpataru Ltd among the leading developers active in Manjri, alongside Birla Estates' own Birla Evam project in the Hadapsar Annexe pocket of the locality.

Looking ahead, Manjri's growth story is tied to infrastructure. An upcoming High-Speed Rail is expected to boost connectivity and housing demand here, while continued expansion of the Solapur Highway and Pune Ring Road is expected to further ease travel across the city, making Manjri a locality worth watching for both end-use and investment.