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Newale Wasti, Pune

North Pune

Pincode- 411044

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About Newale Wasti

Newale Wasti is strategically located in Tathawade, Pune. This emerging neighbourhood is situated in the western part of Pune, offering excellent connectivity to key areas like Hinjewadi, Wakad, and Pimpri-Chinchwad. The locality has gained significant attention due to its proximity to major IT hubs and educational institutions. The Newale Wasti PIN code is 411033. Newale Wasti Pune predominantly houses young IT professionals, students, and middle-class families. The lifestyle here is a perfect blend of modern amenities and peaceful suburban living. 

Newale Wasti Reviews and Ratings

4

Food

4 out of 5

3.8

Parks

3.8 out of 5

3.9

Roads

3.9 out of 5

3.9

Safety

3.9 out of 5

4

Markets

4 out of 5

3.7

Parking

3.7 out of 5

4.2

Schools

4.2 out of 5

3.8

Traffic

3.8 out of 5

4.1

Hospitals

4.1 out of 5

4

Transport

4 out of 5

4.1

Cleanliness

4.1 out of 5

4.2

Neighborhood

4.2 out of 5

I bought a 2BHK here three years ago when prices were much lower. It's proven to be a decent investment. The area is now picking up in terms of demand from tenants because of proximity to IT parks. My only concern is the lack of civic infrastructure. Garbage collection is irregular, and road maintenance is poor.

We wanted to downsize and live somewhere peaceful. Newale Wasti felt like a good choice for its affordable prices and calm environment. Our building has good community vibes, and we enjoy the peace here

The rent here is way cheaper than nearby Wakad or Tathawade. Plus, my 1BHK is spacious with decent ventilation. But the internal roads aren’t great, especially during monsoon as they flood and get messy. There are very few eateries or cafes nearby, so you always need to go a bit far.

What I like most is that it’s not overly crowded. But the area is still under development. There’s no proper grocery store within walking distance, and street lighting is limited in some lanes.

Night shifts are common in my job, so I liked how calm and traffic-free the area is when I return home at odd hours. My PG here is clean, secure, and affordable. But the area gets dark at night. No CCTV on the roads, and very few shops open late.

Whats good about Newale Wasti

  • Excellent connectivity to major IT hubs
  • Quality educational institutions
  • Developing social infrastructure
  • Good appreciation potential
  • Strong rental demand

What can be improved about Newale Wasti

  • Public transportation needs enhancement
  • Limited shopping options currently (though improving)
  • Some internal roads need better maintenance
  • More healthcare facilities needed
  • Traffic management during peak hours
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Newale Wasti Map

Newale Wasti Infrastructure

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Physical Infrastructure of Newale Wasti

When looking at the Newale Wasti map, you'll find impressive infrastructure developments that have transformed this area. 

Road Connectivity

The locality enjoys excellent connectivity through major roads and highways, like:

  • NH 48 (Mumbai-Bangalore Highway) 
  • Aundh-Ravet BRTS Road
  • Chikhali Akurdi Road
  • Talawade Road
  • Ankush Borhade Marg

Public Transport

The nearest metro stations and bus stops are:

  • PCMC Metro Station, 9.9 km
  • Newale Wasti bus stop
  • Nigdi bus stop

Proximity to Airport and Railway Station

The area offers easy access to the nearest railway stations and airport, namely:

  • Akurdi Railway Station: 4 km
  • Pune International Airport: 22.3 km
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Social and Retail Infrastructure of Newale Wasti

The Newale Wasti infrastructure has evolved significantly to meet residents' needs.

Schools and Colleges in Newale Wasti

The area boasts several prestigious educational institutions, including: 

  • TAS (The Academy School) 
  • ORCHIDS The International School - Tathawade
  • Balaji College of Arts, Commerce & Science 
  • JSPM Rajarshi Shahu College of Engineering, Tathawade

Hospitals and Medical Facilities in Newale Wasti

Healthcare facilities are readily available, with major hospitals, like:

  • Pulse Multispeciality Hospital 
  • Punawale Multispeciality Hospital 

Shopping Outlets in Newale Wasti

Several malls and shopping centres surround this locality. Some of the popular ones include:

  • The Phoenix Mall of the Millennium
  • Elpro City Square Mall
  • Spine City Mall
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Sub localities of Newale Wasti

The neighbourhood is surrounded by several well-developed areas that contribute to its overall appeal. Here are some popular areas near Newale Wasti:

  • Wakad
  • Hinjewadi 
  • Tathawade
  • Punawale
  • Ravet
  • Pimple Saudagar
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Top Employment Hubs in Newale Wasti

Newale Wasti has emerged as a preferred residential choice due to its proximity to major employment centres. The area's strategic location provides easy access to several prominent business districts and IT parks, making it an ideal choice for working professionals. Notable top employment hubs near Newale Wasti include:

  • Hinjewadi IT Park: 8.5 km
  • Wakad Business Bay: 5.2 km
  • Bhosari Industrial Area: 15 km

Localities near by Newale Wasti

Vijaynagar Thergaon Tathawade Punawale Nigdi

Nearby Locality Comparison

Vijaynagar
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Thergaon
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Tathawade
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Punawale
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Nigdi
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Newale Wasti
Overall Locality Rating
3
Road Condition
3.5
Proximity to Schools & Hospitals
4.1
Traffic Congestion
3.8
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 19 properties available for sale and 4 properties available for rent
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Situated In North Pune

Vallabh Nagar Bhaiya Wadi Nimbalkar Nagar, Thergaon Bankar Colony Limayewadi, Sadashiv Peth Kalas Area Godbole Vasti Wanjalewadi Gangarde Nagar Kharadi Gaon Chakan Mauli Nagar Vasani Nagar Ganjwe Wadi Nigade Nagar Moshi Gaon Moshi Anand Nagar Marutirao Gaikwad Nagar Panmala, Dattawadi

Top Things to do in Newale Wasti

Newale Wasti and its surrounding areas offer a diverse range of recreational activities for residents and visitors alike. From shopping and entertainment to outdoor activities and cultural experiences, there's something for everyone in this vibrant locality. Some of the top landmarks and things to do near Newale Wasti are-

  1. Phoenix Mall of the Millennium A premier shopping destination featuring international brands, a state-of-the-art multiplex, food court, and entertainment zones. The mall serves as a social hub for the community, hosting various events and festivals throughout the year.
  2. Pashan Lake Recreational Area A picturesque lake surrounded by walking trails and gardens, perfect for morning jogs or evening strolls. The area features well-maintained sitting areas and attracts numerous bird species, making it ideal for nature photography and birdwatching.
  3. Balewadi High Street A bustling street lined with trendy cafes, restaurants, and pubs, offering diverse cuisine options from around the world. The vibrant nightlife and regular cultural events make it a popular weekend destination for young professionals.
  4. Tathawade Forest Trails Scenic hiking paths through natural terrain, offering various difficulty levels for both beginners and experienced trekkers. The trails provide stunning views of the surrounding landscape and are particularly beautiful during monsoon season.
  5. Shree Shiv Chhatrapati Sports Complex A world-class sports facility featuring multiple courts for badminton, tennis, and basketball, along with a swimming pool and fitness centre. Regular coaching sessions and tournaments are organized for both children and adults.
  6. D'Mart Shopping Centre A one-stop destination for daily essentials and groceries, offering competitive prices and a wide range of products. The well-organized store layout and ample parking make shopping convenient for residents.
  7. Cultural Centre and Community Hall A modern facility hosting various cultural programs, workshops, and community events throughout the year. The venue also offers spaces for yoga classes, dance lessons, and other recreational activities.
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Newale Wasti Property Rates and Rental Yield (Trends 2026)

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Real Estate Market Trends and the Rental Demand in Newale Wasti

The Newale Wasti Property Rates have shown consistent appreciation in the past decade, which can be attributed to various factors, including improved infrastructure, proximity to IT hubs, and educational institutions. The rental market is equally robust, driven by young professionals working in nearby IT parks and students from surrounding educational institutions. The area's strategic location and developing infrastructure continue to attract both investors and end-users.

The Newale Wasti property rates showcase a diverse range of options to suit various budgets. Property prices currently range from Rs. 5,500 to Rs. 7,500 per square foot. 

Locality

Property Price per sq ft*

Newale Wasti

Rs. 5,500 to Rs. 7,500

Investing in Newali Wasti has been proved to be profitable for both investors and homeowners for several reasons.

  • The property prices have remained stable in the past three years.
  • Potential for high capital appreciation due to strong connectivity 
  • Low density and peaceful environment as it’s much quieter, greener, and less polluted.
  • Strong rental demand, making it ideal for buy-to-rent investors.
  • Close to employment hubs and IT zones, increasing demand and value.
Price/Sq.ft:

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Buy

19 Properties Available

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Rent

4 Properties Available

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Newale Wasti Discussion

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Frequently asked Questions

What makes Newale Wasti an attractive investment destination?

Newale Wasti offers excellent connectivity to major IT hubs like Hinjewadi and Baner, coupled with rapidly developing infrastructure. The presence of educational institutions and upcoming commercial developments has created strong rental demand, making it ideal for long-term investment.

How is the connectivity to other parts of Pune?

The area enjoys seamless connectivity through NH 48 and Aundh-Ravet BRTS Road. The PCMC Metro Station and Akurdi Railway Station provide excellent public transportation options. Major business districts are easily accessible.

What is the average rental yield in Newale Wasti?

The current rental yield ranges between 3-4% annually, with monthly rentals from Rs. 20,000 to Rs. 25,000. The high concentration of IT professionals and students maintains consistent rental demand throughout the year.

Are there good schools and colleges nearby?

The locality hosts prestigious institutions like TAS, ORCHIDS International School, and JSPM Engineering College. These institutions offer quality education from primary to higher education levels with modern facilities.

How is the social life and community living in Newale Wasti?

The area features a vibrant multicultural community with regular social events and festivities. Modern amenities like Phoenix Mall, sports facilities, and numerous restaurants create an engaging social atmosphere for residents of all age groups.

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Newale Wasti Reviews

I bought a 2BHK here three years ago when prices were much lower. It's proven to be a decent investment. The area is now picking up in terms of demand from tenants because of proximity to IT parks. My only concern is the lack of civic infrastructure. Garbage collection is irregular, and road maintenance is poor.

We wanted to downsize and live somewhere peaceful. Newale Wasti felt like a good choice for its affordable prices and calm environment. Our building has good community vibes, and we enjoy the peace here

The rent here is way cheaper than nearby Wakad or Tathawade. Plus, my 1BHK is spacious with decent ventilation. But the internal roads aren’t great, especially during monsoon as they flood and get messy. There are very few eateries or cafes nearby, so you always need to go a bit far.

What I like most is that it’s not overly crowded. But the area is still under development. There’s no proper grocery store within walking distance, and street lighting is limited in some lanes.

Night shifts are common in my job, so I liked how calm and traffic-free the area is when I return home at odd hours. My PG here is clean, secure, and affordable. But the area gets dark at night. No CCTV on the roads, and very few shops open late.

Start new discussion

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