Shop / retail space for sale in NIBM, Pune, offering 1150 sqft carpet area at ₹36,522 per sqft.
- Shop / retail unit, 1150 sqft carpet area
- Price ₹4.20 Cr — ₹36,522/sqft
- Commercial category, sale deal
- Located in NIBM, Pune
Property details
Configuration
- Property type
- Shop / Retail
- Project category
- commercial
Area & dimensions
- Carpet area
- 1,150 sqft
- Per sqft
- ₹36,522
About this listing
Commercial shop for sale in NIBM, Pune. This 1,150 sqft retail space sits in a prime location on a busy street, making it well suited for a restaurant or other food-service use. The high foot traffic in the area offers strong visibility for a customer-facing business. Buyers looking for a ready retail unit in NIBM, Pune can review the carpet area and location details to assess fit for their intended use.
Location
Living in NIBM
NIBM Road is a fast-developing residential locality in southeast Pune (Kondhwa/Mohammadwadi/Undri belt, within PMC limits), named after the RBI-run National Institute of Bank Management.
It draws IT/finance professionals via its 5-10 km proximity to the Hadapsar-Magarpatta-Amanora business belt and Swargate, offering green surroundings and good schools, though it still lacks direct metro access and civic infrastructure is catching up with rapid growth.
- Just 5-10 km from Pune's Hadapsar-Magarpatta-Amanora IT/business belt (Magarpatta City, SP Infocity, Amanora Park Town SEZs), giving residents a short commute to a major employment hub.
- Unusually green for an in-city suburb: bordered by hills and home to the 33-acre Anand Van reserve forest right off NIBM Road, plus nearby Taljai Hills and Katraj zoo for weekend outings.
- Hosts the RBI-run National Institute of Bank Management itself, plus nearby Vishwakarma Institute of Information Technology, Sinhgad College of Commerce and K J College of Engineering.
- Well served by City Pride and Inox multiplexes, banks, D-Mart and everyday retail locally, with Amanora Mall and the 15-screen Seasons Mall a short drive away in Hadapsar.
- Decent road connectivity via NIBM Road, Kondhwa Road and Solapur Road (NH65) to Swargate, Koregaon Park, Kalyani Nagar and Kharadi, all within roughly 5-10 km.
- No metro station on NIBM Road itself; nearest is Swargate (Purple Line), about 7 km away, so peak-hour road traffic near Kondhwa/Salunke Vihar junctions is common.
- Parts of the belt (Mohammadwadi, Undri, NIBM Annexe) were merged into PMC only in 2017, and residents report recurring drainage/sewage overflows and inconsistent piped water supply in 2026.
- Ongoing construction and rising prices are pushing NIBM into the upper-mid price bracket, with parking strain around commercial stretches and occasional water-supply restrictions.
- Civic works are still catching up with residential growth: Katraj-Kondhwa road widening and new link roads are underway but incomplete, and Undri still lacks a fully sanctioned Development Plan.
- Swargate Metro Station (Purple Line) 7 km
- Pune Junction Railway Station 8 km
- Hadapsar Railway Station 12 km
- Pune International Airport (Lohegaon) 14 km
NIBM Road (a roughly 3-3.5 km stretch) links Kondhwa Road to the Katraj-Hadapsar bypass and Solapur Road (NH65), giving road access to Swargate, Koregaon Park, Kalyani Nagar and Kharadi, all about 5-10 km away. Swargate is the nearest Purple Line metro station (~7 km); Pune Junction railway station is ~8 km and Pune International Airport ~14 km.
There is currently no metro station directly on NIBM Road, though the newly approved Pune Metro Phase 2 Line 4 (Kharadi-Hadapsar-Swargate-Khadakwasla) should improve regional access once built.
NIBM Road hosts the RBI-run National Institute of Bank Management (est. 1969), an apex banking research and training institute after which the road is named.
Nearby options include Vishwakarma Institute of Information Technology, Sinhgad College of Commerce, K J College of Engineering and Swaraj College of Commerce, alongside schools such as Gyaanam School, Marathon International School and Junior College, Sankalp English Medium School and Joseph Convent School, giving families a fair spread of choices within a few kilometres.
NIBM is itself mainly residential, but it sits roughly 5-8 km from Pune's Hadapsar-Magarpatta-Amanora belt, one of the city's largest IT/ITES and business hubs, anchored by SEZs such as Magarpatta City, Amanora Park Town and SP Infocity plus the Hadapsar Industrial Estate, home to firms like Serum Institute of India, Honeywell and Bharat Forge.
This proximity, along with the MG Road/Camp commercial zone, makes NIBM a popular residential base for IT and finance professionals working in south-east Pune.
NIBM Road has its own 33-acre Anand Van reserve forest with a biodiversity eco-trail, and lies within reach of green/recreational spots such as Taljai Hills (bird-watching) and the Rajiv Gandhi Zoological Park at Katraj, both roughly 6-8 km away.
It is not a heritage-tourism destination itself; well-known Pune landmarks such as Shaniwar Wada, Lal Mahal and Aga Khan Palace lie well outside the immediate locality in central/north Pune.
Day-to-day entertainment is covered locally through City Pride and Inox multiplexes, restaurants and neighbourhood retail along NIBM Road.
For bigger-format shopping and dining, Amanora Mall and the 15-screen Seasons Mall in nearby Hadapsar/Magarpatta are a short drive away, with Pune Camp's MG Road retail belt also within reach.
NIBM falls under Pune Municipal Corporation; the wider Mohammadwadi-Undri-NIBM Annexe belt was among the fringe villages merged into PMC limits in 2017 and still lacks a fully sanctioned Development Plan in parts.
PMC is pursuing road-widening (Katraj-Kondhwa) and a new NH48-to-Pune-Solapur link road, while the Centre has approved Pune Metro Phase 2 Line 4 (Kharadi-Hadapsar-Swargate-Khadakwasla) to improve regional transit; meanwhile residents report recurring drainage, sewage and water-supply gaps.
Project & building
Questions about this listing
Got a question about this listing? Ask Nitesh directly — your number stays masked until they reply, and you get a structured answer back on WhatsApp.
NIBM
Similar listings nearby
6 photos
6 photos
6 photos
Video
1 photos
1 photos
1 photos
1 photos
1 photos
1 photos
More from Nitesh
Frequently asked questions
What is the price of Shop / Retail for sale in NIBM, Pune?
₹ 4.2 Cr. That's ₹ 36,522/sqft for 1,150 sqft carpet area.
When is possession of this property?
Possession: Ready to move.