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Laxmi Road, Pune

Central Pune

Pincode- 411030

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About Laxmi Road

Laxmi Road is situated in the heart of Pune city, serving as one of the oldest and most vibrant commercial streets in the city centre. The Laxmi Road PIN code is 411002, this historic area is connected to popular localities like Deccan Gymkhana, Shivaji Nagar, and Camp Area, making it a prime location for both residential and commercial purposes.

Laxmi Road Pune primarily houses traditional Maharashtrian families alongside a thriving business community. The area reflects a perfect blend of old-world charm and modern lifestyle, with residents enjoying a mix of traditional and contemporary living. The culture is deeply rooted in Maharashtrian heritage, evident in the numerous temples, traditional shopping areas, and cultural establishments that dot the landscape.

Laxmi Road Reviews and Ratings

4.1

Food

4.1 out of 5

3.8

Parks

3.8 out of 5

4.3

Roads

4.3 out of 5

4.2

Safety

4.2 out of 5

4.2

Markets

4.2 out of 5

4.3

Parking

4.3 out of 5

3.8

Schools

3.8 out of 5

3.8

Traffic

3.8 out of 5

4.2

Hospitals

4.2 out of 5

4.3

Transport

4.3 out of 5

4

Cleanliness

4 out of 5

4.3

Neighborhood

4.3 out of 5

Living near Laxmi Road is convenient. Everything is nearby, from groceries and eateries to shopping malls. The area is lively, but it can get noisy during festivals. Public transport is easily accessible, and rent is fine too

We chose to live here for the proximity to work and schools. The area is safe, and there are plenty of amenities. Good for families but parking is a challenge, and traffic congestion is common.

Investing in properties around Laxmi Road has been profitable for me. The area is always in demand due to its commercial significance. I have also noticed the property rates have risen by 34% in the past three years.

I visit Laxmi Road for its vibrant atmosphere and shopping options. It's the go-to place for festive shopping. However, parking is a nightmare, and traffic is always heavy.

It's a prime location in Pune, and owning a property here has been fruitful for me. the demand is always high and it generates good income too

Whats good about Laxmi Road

  • Rich cultural heritage and vibrant community life
  • Excellent connectivity to major parts of the city
  • Comprehensive shopping and entertainment options
  • Strong educational and healthcare infrastructure
  • Thriving commercial environment

What can be improved about Laxmi Road

  • Traffic congestion during peak hours
  • Limited parking spaces
  • Crowded streets during festival seasons
  • Ageing infrastructure in some parts
  • Need for better waste management systems
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Laxmi Road Map

Laxmi Road Infrastructure

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Physical Infrastructure of Laxmi Road

The physical infrastructure of Laxmi Road has significantly evolved over the years, making it one of Pune's most well-connected areas. The Laxmi Road map shows excellent connectivity through various transportation options. 

Road Connectivity

The area is well-connected with other parts of the city via

  • Kumthekar Road
  • JM Road
  • NH 65

Public Transport

Laxmi Road is well-connected to other parts of the city through various public transport like

  • Bus stops: City Post and Gadikhana bus stops
  • Metro stations: Mandai Metro Station



Proximity to Airport and Railway Station

The locality offers convenient travel options via train stations and airport, namely

  • Pune Junction Railway Station: 4 km
  • Pune International Airport: 12.1 km
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Social and Retail Infrastructure of Laxmi Road

The Laxmi Road infrastructure stands out as a comprehensive ecosystem of educational, healthcare, and retail establishments that cater to all resident needs.

Schools and Colleges in Laxmi Road

The area hosts several prestigious educational institutions, with 

  • Huzurpaga Girls High School 
  • Junior College 
  • Kai Sau Sundarabai Rathi High School 
  • Sir Parashurambhau College 
  • Foresight College of Commerce 
  • Foresight Jr. College

Hospitals and Medical Facilities in Laxmi Road

Healthcare needs are efficiently addressed by well-equipped facilities such as 

  • Kamla Nehru Hospital 
  • Surya Sahyadri Hospital

Shopping Outlets in Laxmi Road

The retail landscape perfectly balances traditional and modern shopping experiences, with contemporary establishments like 

  • The Pavilion Mall 
  • Amanora Mall
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Sub localities of Laxmi Road

Laxmi Road is surrounded by several prestigious neighbourhoods that add to its appeal. Notable and popular areas near Laxmi Road include:

  • Deccan Gymkhana
  • Shivaji Nagar
  • Camp Area
  • Somwar Peth
  • New Nana Peth
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Top Employment Hubs in Laxmi Road

Laxmi Road's central location makes it a gateway to several major employment hubs in Pune. The area's strategic position has made it increasingly attractive for professionals working in various sectors. Top employment hubs near Laxmi Road include:

  • Koregaon Park IT Hub: 6.3 km
  • Magarpatta Cybercity: 10 km
  • Cerebrum IT Park: 8 km
  • Farena Corporate Park: 11.3 km

Localities near by Laxmi Road

Shukrawar Peth Budhwar Peth Shaniwar Peth Ganesh Peth Raviwar Peth

Nearby Locality Comparison

Shukrawar Peth
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Budhwar Peth
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Shaniwar Peth
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Ganesh Peth
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Raviwar Peth
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Laxmi Road
Overall Locality Rating
4
Road Condition
4.5
Proximity to Schools & Hospitals
3.5
Traffic Congestion
3.9
Property Price Range N/A
Growth in Property Prices (3 Yrs) N/A
Rent Price Range N/A
Growth in Rent Prices (3 Yrs) N/A
Total Properties Available 87 properties available for sale and 18 properties available for rent
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Situated In Central Pune

The Bishop's School Aloknagari, Kasba Peth Sahakarnagar Siddarth Nagar Society Mukesh Nagar, Pimpri Colony Lokamanya Nagar Deo Wada Rupee Housing Society Transport Nagar Kailash Shankar Nagar Shanti Nagar Society, Katad Khana Jogeshwari Apartments Pune Cantonment Hanuman Tekdi Burhani Colony Om Niketan Society Meeta Nagar Botanical Garden Narayan Peth purgrast Colony

Top Things to do in Laxmi Road

  • Traditional Shopping Experience Explore the bustling street markets offering everything from traditional Maharashtrian sarees to modern fashion, jewellery, and household items. The area is particularly famous for its wedding shopping.
  • Food Trail Indulge in authentic Maharashtrian cuisine at historic eateries and street food joints. Don't miss the famous Mastani and traditional sweets that the area is known for.
  • Temple Circuit Visit the numerous historic temples, including the famous Dagdusheth Halwai Ganpati Temple, which showcase the rich cultural heritage of the area.
  • Cultural Events Participate in various cultural festivals and events that take place throughout the year, especially during Ganesh Chaturthi and Diwali.
  • Heritage Walk Take a guided heritage walk through the area to discover the historical architecture and stories behind the centuries-old buildings and establishments.
  • Market Photography Capture the vibrant colours and busy life of the traditional markets, especially during festival seasons when the entire area comes alive with decorations.
  • Street Food Safari Embark on a culinary adventure trying out famous street food joints that have been operating for generations.
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Property Price trends in Laxmi Road

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Real Estate Market Trends and the Rental Demand in Laxmi Road

The Laxmi Road property rates reflect the area's premium status and historical significance in Pune's real estate landscape. This strong price trend is primarily driven by the area's strategic location, excellent connectivity, and comprehensive social infrastructure. The rental market remains active with a variety of options, from 1 BHK flats to larger units, at reasonable prices.

Buy/Invest

The Laxmi Road property rates showcase a diverse range of options to suit various budgets. Property prices currently range from Rs. 5,000 to Rs. 11,984 per square foot.

Locality

Property Rate per sq ft

Laxmi Road

Rs. 5,000 to Rs. 11,984

The area has seen a massive growth in terms of property value in recent years, making it one of the top choices among investors.

  • The property price has increased by 34.2% in the past three years
  • The area is well-served by metro and road connectivity
  • It’s known for its high rental demand and long term appreciation
  • The locality is close to IT parks, schools, hospitals, and retail amenities.
  • It’s surrounded with well-known real-estate developers and projects

Rent

The rental price ranges from Rs. 22,000 to Rs. 25,000, depending on the property type and location. This price point makes it an attractive option for both property buyers and tenants seeking quality housing in Pune.

Configuration

Monthly Average Rental Rate

1 BHK

Rs. 18,000
Price/Sq.ft:

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Buy

87 Properties Available

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Rent

18 Properties Available

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Recommended Properties to BUY in Laxmi Road

See All
image

1 RK

SEMI FURNISHED

location Created with Sketch Beta. Independent House, bhide chambers, Tambdi Jogeshwari Mandir, pune

Price: ₹ 35lac

image

2 BHK

FULLY FURNISHED

location Created with Sketch Beta. Chhatrapati Shivaji Maharaj Rd, near Shreemant Dagdusheth Halwai Ganpati Mandir, Budhwar Peth, pune

Price: ₹ 1.25cr

image

1 RK

SEMI FURNISHED

location Created with Sketch Beta. Nana Peth, Near Doke Talim, Pune 411002, Nana Peth, Ganesh Peth, pune

Price: ₹ 30lac

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1 RK

NOT FURNISHED

location Created with Sketch Beta. in front of operation hospital, Nana Peth, pune

Price: ₹ 29lac

image

2 BHK

SEMI FURNISHED

location Created with Sketch Beta. Bori ali, Budhwar Peth, pune

Price: ₹ 62lac

Laxmi Road Handbooks

icon Aajol Preschool and Learncare (Navi Peth - Main Branch)

Rambaug Colony Ground, A,Yashkamal Bunglow, 1/17, Joglekar Path, Near Dyananal mangal Karyala, Navi Peth, Sadashiv Peth, Pune, Maharashtra 411030

Call

icon Pune Municipal Corporation Dhole Patil Road

Sangamvadi, Pune, Maharashtra 411001

Call

icon RTO Pune-2

S.No, 120/A-2, Alandi Rd, Ram Society, Yerawada, Pune, Maharashtra 411006

Call

icon Pune City Post Office

Bell Bagh Chowk, Laxmi Rd, near Dagdu Seth Halwai Mandir, Budhwar Peth, Pune, Maharashtra 411002

Call

icon Maharashta Seva Kendra

Office no-1, near Dalal Chowk, 278, Guruwar Peth, Pune, Maharashtra 411042

Call

icon Fire Brigade

3, Kumar Castle Clover Centre, Moledina Road, Camp, Camp, Pune, Maharashtra 411001

Call

icon Mandai Police Station

Mandai, Shukrawar Peth, Pune, Maharashtra 411003

Call

icon Shri Balaji Provision Store

Sr. No. 58, Shukrawar Peth, Nr. Mandai Ganapati, Shukrawar Peth, Pune, -411002, Pune, Maharashtra 411002

Call

Laxmi Road Discussion

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Frequently asked Questions

What makes Laxmi Road a prime real estate location in Pune?

Laxmi Road's prominence stems from its strategic central location in Pune's heart, combining historical significance with modern amenities. The area offers excellent connectivity to major business districts, comprehensive social infrastructure, and a vibrant commercial atmosphere. Its unique blend of traditional markets, cultural landmarks, and modern retail establishments creates an unmatched living experience that continues to attract residents and investors alike.

How is the connectivity to other parts of Pune?

The area enjoys multi-modal connectivity through well-developed public transportation networks. The connectivity to NH 65, Mandai Metro station within 0.7 km, and Pune Railway Station within 4 km ensures seamless travel. Multiple flyovers and ring roads further enhance accessibility, while regular bus services and auto-rickshaws provide last-mile connectivity options throughout the day.

What types of properties are available in Laxmi Road?

Laxmi Road offers a diverse real estate portfolio including residential apartments, commercial spaces, and retail establishments. While new developments are limited due to the historical nature of the area, existing properties range from traditional wadas to modern apartments. Commercial properties include shop houses, office spaces, and retail units, catering to various business needs.

Is Laxmi Road suitable for families?

Laxmi Road is highly conducive for family living, offering a strong community environment and comprehensive amenities. The presence of reputed educational institutions like Huzurpaga Girls High School, quality healthcare facilities including Kamla Nehru Hospital, and numerous recreational options makes it ideal for families. The area's safe environment and cultural atmosphere further enhance its appeal for family residents.

What is the average property appreciation rate in Laxmi Road?

Property values in Laxmi Road have shown consistent appreciation over the years, averaging 8-10% annually. This steady growth is attributed to limited new supply, high demand from both investors and end-users, and the area's prime location. The combination of commercial viability and residential charm ensures sustained value appreciation, making it a reliable long-term investment option.

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Laxmi Road Reviews

Living near Laxmi Road is convenient. Everything is nearby, from groceries and eateries to shopping malls. The area is lively, but it can get noisy during festivals. Public transport is easily accessible, and rent is fine too

We chose to live here for the proximity to work and schools. The area is safe, and there are plenty of amenities. Good for families but parking is a challenge, and traffic congestion is common.

Investing in properties around Laxmi Road has been profitable for me. The area is always in demand due to its commercial significance. I have also noticed the property rates have risen by 34% in the past three years.

I visit Laxmi Road for its vibrant atmosphere and shopping options. It's the go-to place for festive shopping. However, parking is a nightmare, and traffic is always heavy.

It's a prime location in Pune, and owning a property here has been fruitful for me. the demand is always high and it generates good income too

Start new discussion

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