Aerial view of Foundry, Sangli

Area Guide

Living, Buying or Investing in Foundry

Explore property prices, rental trends, connectivity, lifestyle and investment potential before deciding where to live or invest.

Sangli 3.6/5 Livability MIDC Estate & DISTRICT
Prepared by Condivio Market ResearchReviewed by a Sangli property specialist

Population

0.05 Lakh

Foundry (approx.)

Average Purchase Price

₹14–19K / sq.ft.

Typical 2 BHK: ₹70L–89L

Average Monthly Rent

₹32K–59K

Typical 2 BHK

Price Trend

↑ 6–9%

Past 12 months

Investment Outlook

Strong

Check SMSangli-Miraj-Kupwad Municipal Corporation jurisdiction and the KRISHNA FLOOD LINE position

Area Overview

What makes Foundry special

Foundry is an industrial estate in Miraj, the southern town of the corporation and its medical centre rather than a residential locality.

MIDC ALLOTMENT IS LEASEHOLD with conditions on use and transfer, and a change of use needs sanction. MIDC areas are also EXCLUDED from the gunthewari regularisation route.

THE ORDINARY RESIDENTIAL STOCK NEARBY TRADES NORMALLY — establish which of the two you are being offered, then check what adjoins the plot and what it emits.

MIDC Estate
Leasehold
Excluded From Gunthewari
Check Adjoining
Parks & Gardens
Markets & Malls

Who Lives Here

Demographics, languages & community

Population

Foundry (approx.)0.05 Lakh
Density≈1,700/km²
Area≈3 km²

A settled population in the Sangli-Miraj-Kupwad urban area.

Languages

Hindi54%
English24%
Punjabi10%
Marathi6%
OthersOthers

Official language: Marathi, the everyday language of the city, with Hindi widely understood and English used in business.

Communities

North Indian (Other)

Large professional population

North Indian (Punjabi)

Established community

Marathi

Substantial long-settled community

South Indian

Corporate and IT community

Others

Communities from across India

An established Sangli locality under Sangli-Miraj-Kupwad Municipal Corporation, with a long-settled population.

Typical Residents

46%

Families

Local households and society residents

26%

Young Professionals

Vishrambag, the Sangli City core and the Kupwad MIDC belt

12%

Investors

Buy-to-let and held units

10%

Students & Staff

The institutional belt

6%

Trade & Services

Local business

Food & Dining

From street food to fine dining

Street food and dining in Foundry, Sangli

Taste of Foundry

From ₹20 street snacks to ₹2500 restaurant dining

Budget Friendly

Cheap Eats & Street Food

Restaurants

Popular Restaurants

Cafes & Nightlife

Cafes & Bars

Transport & Commuting

Getting around from Foundry

Local train and transport links serving Foundry, Sangli

Exceptionally Connected

Rail, road and air • NO METRO — Sangli is not a metro city • Miraj Junction • Airport 10 km

Local Train

MIRAJ JUNCTION is the main station and a significant railway junction in its own right, with Sangli station also serving the city.

Metro

Sangli has NO METRO and is not a metro city. The Sangli-Miraj-Kupwad corporation runs on road and rail: MIRAJ JUNCTION is one of the major railway junctions of western Maharashtra, and the nearest airports are Kolhapur about 45 km away and Pune about 230 km. Judge this locality on road distance.

Airport

Kolhapur airport is about 45 km away and handles limited scheduled traffic. Pune, about 230 km, is the practical airport for most journeys.

Roads

The EM Bypass, VIP Road, Diamond Harbour Road and Barrackpore Trunk Road form the arterial network, with Chowringhee through the centre.

Commute Times from Foundry

Miraj Junction

By road

Sangli city centre

By road

Market Yard

By road

Miraj medical belt

By road

Kupwad MIDC

By road

Sangli-Miraj MIDC

By road

Krishna Ghat

By road

NH-166 / Sangli-Kolhapur road

By road

Schools & Colleges

Schools, colleges & learning centres

Higher Education

Colleges & Universities

Schools

Schools (K–12)

Family & Kids

Playgrounds, activities & healthcare

Neighbourhood park in Foundry, Sangli

Family-Friendly Living

Parks, schools and hospitals — all within reach

Parks & Play

  • Local parks
  • Riverfront (2 km)
  • The Sangli Fort
  • Krishna Ghat
  • Multiple society playgrounds

Healthcare

Weekend Activities

  • Local parks
  • Market Yard (5 km) (retail & dining)
  • Ram Ki Paidi & Ram Janmabhoomi
  • Prinsep Ghat
  • Libraries & reading rooms

Young Professionals & Students

Coworking, fitness & social life

Offices and coworking space in Foundry, Sangli

Work, Play, Repeat

Coworking from ₹400/day • Gyms • Sangli-Miraj-Kupwad Municipal Corporation jurisdiction

Coworking Spaces

  • Local shared offices
  • Kupwad MIDC Sector V
  • New Town IT parks
  • Day passes from ₹400

Fitness & Gym

  • Multiple branded gyms
  • Yoga studios
  • Society swimming pools
  • Morning walking groups

Work Cafes

  • Starbucks
  • Chaayos
  • Cafe Coffee Day
  • Multiple chai tapris

Nightlife

  • Local dining
  • Market Yard restaurants
  • Strong pub and bar culture
  • Late-night adda tradition

Premium Living

For affluent renters & luxury seekers

Luxury Residences

High-End Living Options

Premium 3 BHK Apartments

In the independent floors and newer builds. Lift, parking and power backup vary considerably by building.

₹32K – ₹62K/month

Builder Floors & Independent Houses

Independent houses and older bungalows, the characteristic Sangli stock.

₹58K – ₹1.5L/month

Serviced Apartments

Serviced apartments are a solid market here, driven by the IT and corporate belt.

₹30K – ₹68K/month

Premium Lifestyle

Fine Dining, Clubs & Wellness

Fine Dining

Wellness & Spa

Clubs & Lounges

Airport Proximity

Kolhapur airport is about 45 km away and handles limited scheduled traffic. Pune, about 230 km, is the practical airport for most journeys.

Chauffeur Services

Easy access to Uber Black, Ola Lux, and private chauffeur services

Designer Shopping

Local market, Market Yard (5 km), Ganapati Mandir market

Foundry

Foundry, in Miraj, the southern town of the corporation and its medical centre

Foundry vs Nearby Areas

Side-by-side with nearby localities

A practical comparison to help you decide if Foundry is the right fit versus neighbouring localities.

FactorFoundryDurga Nagar MirajGanga NagarChandanwadiHaji Chand Colony
1 BHK Rent₹3K–5K₹4K–7K₹4K–7K₹3K–5K₹4K–7K
2 BHK Rent₹5K–11K₹7K–15K₹7K–15K₹5K–11K₹7K–15K
Premium Rent₹13K–35K₹18K–48K₹18K–48K₹13K–35K₹18K–48K
Luxury Rent₹22K–72K₹32K–98K₹32K–98K₹22K–72K₹32K–98K
Train StationMiraj Jn (7 km)Miraj Jn (10 km)Miraj Jn (4 km)Miraj Jn (13 km)Miraj Jn (8 km)
Metro AccessMetro AccessNone — not a metro cityNone — not a metro cityNone — not a metro cityNone — not a metro city
Airport DistanceNone — not a metro city12 km14 km10 km16 km
Nightlife13 kmLimitedLimitedLimitedLimited
Education HubLimitedModerateModerateModerateModerate
ModerateKrishna Flood LineCHECK HFLCHECK HFLCHECK HFLCHECK HFL
Safety RatingCHECK HFL4.2/54.2/54.1/54.1/5
Food Scene4.0/5GoodGoodGoodGood
Green SpacesGoodGoodGoodGoodGood
GoodExpat FriendlyModerateModerateModerateModerate

Why choose Foundry?

MIDC ALLOTMENT IS LEASEHOLD with conditions on use and transfer, and a change of use needs sanction.

Condivio Advisor

Still deciding between these neighbourhoods?

A Condivio Advisor can compare them based on your budget, commute, family needs and investment goals.

Budget and property comparison
Commute and connectivity analysis
Lifestyle and family suitability
Appreciation and rental potential

Parks & Outdoors

Green spaces and recreation

Parks & Gardens

Local parks

Neighbourhood parks maintained by Sangli-Miraj-Kupwad Municipal Corporation.

Best for: Morning walks & families

Green belts

Planted belts about 2 km, part of the city’s grid layout.

Best for: Cycling & walking

The Sangli Fort

The vast central green at the heart of the city.

Best for: Walks & evenings

Entertainment & Things to Do

Shopping

Local market, Market Yard (5 km), Ganapati Mandir market

Attractions

Sangli Fort (2 km),, the Irwin Bridge,, Ganapati Mandir

Sports

Local sports grounds, Sangli Sports Complex, Sangli Sports Complex

Places of Worship

Sector temples, Local shrines & gurudwaras

Daily Living in Foundry: Shops, Banks & Services

Supermarkets, services & essentials

Supermarkets

  • Local market
  • Market Yard (5 km)
  • Market Yard wholesale
  • Blinkit & Zepto delivery

Pharmacies

  • Apollo Pharmacy
  • Wellness Forever
  • Multiple 24/7 stores
  • Home delivery available

Banks & ATMs

  • SBI, HDFC, ICICI
  • Kotak, Axis Bank
  • ATMs every 200m
  • UPI widely accepted

Gyms & Fitness

  • Local gyms from ₹1000/mo
  • Hotel gyms
  • Cult.fit (Sangli)
  • Yoga studios

Convenience

  • 24/7 stores available
  • Swiggy/Zomato active
  • Laundry services
  • Home services apps

Internet & Mobile

  • Jio Fiber available
  • Airtel Xstream
  • Good 4G/5G coverage
  • 100 Mbps from ₹699/mo

Parking

  • Parking varies by street
  • Wide planned roads
  • Market parking tight
  • Autos & cabs abundant

Libraries

  • Local library
  • School libraries
  • Society libraries
  • Local reading rooms

Property Prices in Foundry

Average monthly rents in Foundry (2026 estimates)

TypeRangeBest For
PG / Shared₹1K – ₹2KStudents / Young professionals
1 RK₹2K – ₹3KSingles
1 BHK₹3K – ₹5KCouples / Young professionals
2 BHK₹5K – ₹11KSmall families
3 BHK₹8K – ₹18KFamilies
3 BHK Premium₹13K – ₹35KAffluent families / Expats
Penthouse / Villa₹22K – ₹72KHNIs / Senior management

Pros and Cons of Renting in Foundry

What you should know before moving

What's Great

  • ✓Industrial employment on the doorstep
  • ✓Good road access

What to Watch Out For

  • MIDC ALLOTMENT IS LEASEHOLD with conditions on use and transfer
  • MIDC AREAS ARE EXCLUDED from the gunthewari route
  • Check what adjoins the plot and what it emits
  • *** ESTABLISH THE KRISHNA FLOOD LINE POSITION. *** The corporation sits on the KRISHNA-WARNA CONFLUENCE, and both rivers reached HISTORIC HIGH FLOOD LEVELS in August 2019. Sangli has flooded in 1853, 1856, 1914, 2005, 2006 and 2019 — this is a recurring pattern, not a one-off
  • Establish SMKMC or panchayat jurisdiction for the specific property

Renting in Foundry: Pro Tips

Locality Ratings

4.2

Connectivity

3.2

Lifestyle

4.0

Safety

4.2

Environment

Skyline of Foundry, Sangli at golden hour

Considering Foundry?

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Condivio Personalised Advisory

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Tell us what you are looking for and a Condivio Advisor will help you assess whether Foundry is right for you—or recommend better alternatives.

Personalised rental analysis
Purchase-price and budget assessment
Investment and rental-yield analysis
Comparison with nearby neighbourhoods
Suitable property and project shortlist
Financing and EMI guidance, where relevant

No obligation. Advice based on your budget, requirements and preferred location.

Frequently Asked Questions

Quick answers about living, buying and renting in Foundry.

Is Foundry a good place to live?

Foundry is an industrial estate in Miraj, the southern town of the corporation and its medical centre rather than a residential locality.

What is the average property price in Foundry?

Purchase prices are typically around ₹14,000–19,000 per sq.ft, with a typical 2 BHK ranging from ₹70L to ₹89L.

What is the rent for a 2 BHK in Foundry?

A 2 BHK in Foundry typically rents for ₹32,000 to ₹59,000 per month depending on building, floor and condition.

What should I know about the MIDC belts?

Kupwad MIDC and the Sangli-Miraj MIDC are the corporation’s industrial estates, with engineering and foundry work among the main activities. MIDC allotment inside an estate is LEASEHOLD with conditions on use and transfer, and a change of use needs sanction — separate from the ordinary residential stock nearby, which trades normally. MIDC areas are also excluded from the gunthewari regularisation route. Establish which of the two you are being offered, then check what adjoins the plot and what it emits.

Is Foundry suitable for families?

Local CBSE schools operate within 2 km with a local CBSE school about 7 km and Regional international school about 6 km, plus local hospitals about 2 km.

Is Foundry a good investment?

Reported price appreciation has been roughly 6–9% per year with rental yields around 4.5–5%. As with any market, actual returns vary and should be checked against current transaction data before investing.

How far is Foundry from Sangli airport?

Foundry is about 20 km from Kolhapur Airport — around 48 minutes at peak.

What are the best nearby alternatives to Foundry?

Comparable alternatives include Durga Nagar Miraj, Ganga Nagar, Chandanwadi and Haji Chand Colony.

Data, methodology & sources. Prices and rents are indicative locality ranges for Foundry, compiled from active listings and registered transaction data, updated 10 August 2026; actual figures vary by building age, condition, floor, amenities and micro-location. Prepared by Condivio Market Research and reviewed by a Sangli property specialist. Sources include Maharashtra IGR registration and the 7/12 land-records portal records, property-listing aggregators and Condivio’s internal market tracking. Investment indicators are historical and not a guarantee of future returns.