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Available

Azalea

3 BHK, 4 BHKinKalyani Nagar, Pune

Starting Price3.85 Cr

PossessionJul 2027

Project Overview

AVCCNV05

Standard

Azalea is a residential project in Kalyani Nagar, Pune by BKR Lifespaces. It is spread over 0.5 acres with 1 tower and offers 3 & 4 BHK starting at ₹3.85 Cr. Possession is expected Jul 2027. RERA registration number P52100080938.

Property Type: Residential Project
Possession: Jul 2027
Total Units: 40units
Furnishing: Basic Finish
Total Floors: 7floors
Towers: 1tower
Land Area: 0.5acres

Available Configurations

2 configurations₹3.85 Cr to ₹4.5 Cr

3 BHK
Best Value
Carpet Area
1,347sq ft
Price
3.85Cr
4 BHK
Luxury
Carpet Area
184sq ft
Price
4.5Cr

About Azalea

Some people look for a beautiful place. Others make a place beautiful

We're thrilled to announce the launch of Azalea, our new luxury residential project in the heart of Kalyani Nagar, Pune! This premium development features 3 & 4 BHK homes with top-notch specifications, designed to provide the ultimate living experience.

Azalea is fully sanctioned, Pre-Certified Gem 4/Gold Building (the best possible for our size of building) by the ASSOCHAM Green & Eco-Friendly Movement and proudly boasts MAHARERA certification, ensuring transparency and accountability.

Location

South Avenue, Near Kalyani Bungalow, , Kalyani Nagar, Pune, 411006

Pune Kalyani Nagar

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Nearby Locations (52)

Straight-line distances include 0.3 km from The Lexicon International School Kalyani Nagar, 0.6 km from Kalyani Nagar Metro Station, 1 km from The Bishop's Co-Ed School Kalyani Nagar, and 1.6 km from Sadhu Vaswani Missions Medical.

* Distances are indicative and calculated as straight-line distance. Actual travel distance may vary.

Location Insights

About Kalyani Nagar

Kalyani Nagar, one of Pune’s most sought-after residential neighborhoods, embodies a harmonious blend of modern living and serene lifestyle. Known for its upscale ambiance, Kalyani Nagar is characterized by well-planned infrastructure, landscaped gardens, and a vibrant community. The area is home to a diverse population, including young professionals and families, fostering a sense of belonging and community spirit. Connectivity is a major highlight of Kalyani Nagar. The locality is strategically positioned with excellent access to major roads such as the Pune-Ahmednagar Highway and the Pune-Bangalore Highway, ensuring seamless travel across the city and beyond. Public transport options, including buses and rickshaws, enhance the area's accessibility, making daily commutes convenient. Kalyani Nagar boasts an abundance of amenities within a 10km radius, including 21 reputable schools, 13 hospitals, and 8 shopping malls. Families can benefit from quality education at institutions such as Delhi Public School and St. Arnold's School. Healthcare needs are well catered to with prominent hospitals like Ruby Hall Clinic and Jehangir Hospital nearby. For shopping and entertainment, the presence of malls like Inorbit and Phoenix Marketcity adds to the neighborhood's appeal. The area's growth potential is promising, with several infrastructure projects underway, including new IT parks and commercial spaces, which are likely to enhance property values in the coming years. Kalyani Nagar is particularly suitable for residential buyers due to its well-established facilities, safety, and proximity to employment hubs. The local culture is rich, with numerous cafes, restaurants, and recreational spaces, promoting a vibrant lifestyle. Residents often gather for community events and activities, contributing to a warm neighborhood feel. Overall, Kalyani Nagar offers an ideal blend of comfort, convenience, and community, making it an attractive option for discerning homebuyers.

Why Invest in Pune

Pune has emerged as a prime investment destination in India, particularly for buyers considering properties like Azalea in Kalyani Nagar. The city's robust economic growth, primarily driven by the IT, manufacturing, and services sectors, has positioned it as a hub for job opportunities. With major companies like Infosys, TCS, and Wipro establishing operational bases here, Pune's employment landscape is continually expanding, attracting a skilled workforce and enhancing the demand for quality residential properties. The ongoing infrastructure development significantly bolsters Pune's real estate appeal. The Pune Metro project, set to enhance connectivity across the city, along with the expansion of major highways and the proximity to Pune International Airport, makes commuting efficient and accessible. Such developments not only improve the quality of life but also increase property values. Analyzing real estate market trends, Pune has shown consistent appreciation potential, with properties in premium localities like Kalyani Nagar expected to appreciate significantly by the time of possession in July 2027. The typical appreciation rates in Pune hover around 7-10% annually, making it a lucrative market compared to other metropolitan areas like Mumbai and Bengaluru, where prices are already elevated. In terms of rental yield, Pune offers competitive returns, with residential properties generally yielding between 2.5-3.5%. This is attractive for investors seeking passive income, particularly in well-located areas like Kalyani Nagar, where demand from professionals and expatriates is high. Government initiatives, such as the Smart City mission and several infrastructure projects, further enhance the city's growth prospects. These initiatives not only focus on enhancing urban living but also aim at elevating Pune’s global standing. In summary, Pune's combination of economic dynamism, strategic infrastructure investments, and supportive government policies make it a compelling choice for real estate investment, promising both immediate returns and long-term appreciation.

AI-powered insights are data-driven. Market conditions may vary.

Frequently Asked Questions

What configurations are available in Azalea in Kalyani Nagar?

Azalea in Kalyani Nagar, Pune offers premium 3 & 4 BHK configurations. The apartments are meticulously designed with modern layouts, efficient space utilization, and premium finishes.

Is Azalea a luxury residential project?

Yes, Azalea is a high-end luxury residential project in Kalyani Nagar, Pune. It features premium luxury flats, high-quality finishes, and world-class amenities catering to an elite, luxury lifestyle.

Who is the builder of Azalea Kalyani Nagar, and what is its RERA number?

Azalea is a project by BKR Lifespaces in Kalyani Nagar, Pune. The RERA registration number is P52100080938.

What is the price of luxury flats in Azalea Kalyani Nagar?

The price for luxury flats in Azalea in Kalyani Nagar, Pune starts from ₹3.85 Cr - ₹4.50 Cr. For detailed pricing, payment plans, and brochures, please connect with 3 Works.

Quality Metrics

Air Quality Environmental air quality index: Excellent
Green Coverage Green space percentage: Excellent
Social Index Social Infra Score: Excellent

Gallery

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Amenities & Facilities

17 amenities

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Calculators

Select Configuration

Property Price₹3.85Cr

₹1.93Cr₹3.85Cr₹4.24Cr

Down Payment20% (₹77.00L)

10%50%

Interest Rate (p.a.)8.5%

6.5%12%

Loan Tenure20 years

5 years30 years

Monthly EMI₹2.67L

Principal: ₹3.08Cr
Interest: ₹3.33Cr
Total Amount Payable: ₹6.41Cr

*EMI calculation is indicative. Actual values may vary based on lender terms.

Property Price₹3.85Cr

₹1.93Cr₹3.85Cr₹4.24Cr

Expected Monthly Rent₹50,000

₹10,000₹5.00L

Annual Maintenance (% of rent)1%

0%5%

Property Tax (% of property value)0.5%

0%2%

Rental Yield1.04%

Gross Annual Rent: ₹6.00L
Net Annual Rent: ₹4.01L
Maintenance Cost: ₹6,000
Property Tax: ₹1.93L
Total ROI (Yield + Appreciation): 7.04%

vs. Average Pune Yield: 2.5-3.5%

*Rental yield calculation is indicative. Actual values may vary based on market conditions and property specifics.

NRI Investment Guide

NRI Eligibility

NRIs and PIOs can purchase residential and commercial properties in India
Agricultural land, plantation property, and farmhouses require RBI approval
No restriction on number of properties you can own
Foreign citizens of Indian origin (except Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, Bhutan) are eligible

Home Loan Options

Loan up to 80% of property value (₹75L-₹5Cr)
Tenure: 5-30 years (max age at maturity: 70-75 years)
Interest rates: 8.75% - 10.75% p.a. (2024-25 rates)
Processing fee: 0.25% - 1% of loan amount
Documents: Passport, visa, employment proof, 6-month bank statements, PAN card
Repayment through NRE/NRO/FCNR accounts

Tax Benefits & Implications

Home loan interest: Up to ₹2L deduction (Section 24b) + ₹1.5L extra (Section 80EEA for first-time buyers)
Principal repayment: Up to ₹1.5L deduction under Section 80C
Capital gains: LTCG 12.5% after 2 years (no indexation from FY 2024-25)
TDS on sale: 20% for properties over ₹50L (file return to claim excess)
Rental income: Taxable as per slabs; 30% standard deduction allowed
DTAA benefits available with 100+ countries to avoid double taxation

Repatriation Benefits

Sale proceeds from 2 residential properties can be repatriated
Maximum limit: USD 1 million per financial year
Rental income fully repatriable (after tax)
No limit on bringing money into India for property purchase
RBI approval not required for repatriation of sale proceeds
Funds must be routed through NRE/NRO accounts

Investment Potential

Pune: Average rental yield of 2.5-3.5% per annum
Capital appreciation: 5-8% annually (varies by location)
Property management services available for remote owners
High demand for quality rental properties in metro cities
Tax-efficient investment with multiple deductions available

Disclaimer: This information is for general guidance & indicative only and should not be considered as legal, tax, or financial advice. Rates, rules, and tax laws are subject to change. Interest rates, loan terms, and tax benefits vary by lender and individual circumstances. Please consult with qualified tax advisors, legal experts, and financial institutions for personalized advice before making any investment decisions.