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Top 20 New Residential Projects in Kondhwa, Pune

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About Kondhwa, Pune

Kondhwa, located in the southeastern part of Pune, is an emerging locality that serves as an IT hub, attracting several IT companies. Bordered by communities like Bibwewadi, Mohammed Wadi, Undri, and Wanowrie, Kondhwa enjoys excellent connectivity to prominent areas such as Hadapsar, Pune Cantonment, and Swargate.

With a population of around 1,32,843, the area spans approximately 8.57 square kilometres, with a balanced distribution of male (68,544) and female (64,299) residents, making it a thriving and diverse community within Pune's dynamic landscape.

Additionally, Kondhwa offers easy access to nearby tourist attractions like Ajinkyatara Fort,

Char Bhinti Hutatma Smarak, and Thoseghar Lake offering tranquil retreats for relaxation and historical exploration. Moreover, the Panch Ganga Temple and Mahabaleshwar Temple stand as beloved and revered spiritual landmarks.

Why Should You Invest in Kondhwa?

Kondhwa stands out as an attractive investment opportunity due to its consistent and noteworthy rise in property value. Its prime location near significant employment centres further elevates the appeal for real estate and rental demand. Notably, the area maintains an average monthly flat rental range of Rs. 6,200, with a commendable rental yield of 1.8%.

Furthermore, Renowned developers such as Three Jewels, Ceratec Anara, Tanvi Oxy Point, Jairaj Aaradhyam and Kuldevee The Heritage present exceptional projects, contributing to the area's robust real estate landscape and fostering trust among potential investors.

Price Trends in Kondhwa

Here is the statistical data to understand the price trends in Kondhwa, Pune:

Year Price/Sq. ft
2019 Rs. 5,450
2020 Rs. 5,650
2021 Rs. 5,500
2022 Rs. 5,700
2023 Rs. 6,200

Disclaimer: All the prices mentioned above are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Kondhwa

1: Soulful Connectivity

  • The locale is well connected via key roads such as Katraj-Hadapsar Bypass (NH-65) and Bangalore-Pune Expressway (NH-60).
  • The area has access to two railway stations, such as Sasane Nagar and Pune Junction, within an 8 km to 10 km radius.
  • Kondhwa Road is one of the highly traversed roads in the locality, ensuring internal road connectivity.
  • Pune International Airport is located at a distance of 15 km from Kondhwa.
  • NIBM Road and Bibwewadi Kondhwa Road are the other two key roads in this area.
  • Katraj Bus Stop and Market Yard Bus Stop, are situated in close vicinity of Kondhwa.

2: Impactful Infrastructure

Kondhwa features a well-planned and modern infrastructure, with leading schools, renowned health centres, efficient recreational spaces, and amenities.

Leading Schools Renowned Health Centres Entertainment Venues
Olive National School New Pune Hospital Clover Hills Plaza
New Grace English School Wankhede Hospital Girme Heights
VIBGYOR High School City Hospital CRU Mall
Delhi Public School National Hospital The Capital
Blue Bells High School Dr Sarawat Memorial Hospital Arabian Bites

3: Top Residential Projects

4: Thriving Commercial Centre

  • Prime IT hubs, such as Fursungi, Kharadi, Shivaji Nagar and Magarpatta, are 10 km to 15 km from Kondhwa.
  • Hadapsar Industrial Area and Mundhwa Industrial Area are two major manufacturing hubs located within a 10 km radius.
  • The locality also shares easy connectivity with the eastern IT corridor of Pune comprising several key IT parks / SEZs such as SP Infocity Fursungi (12 km), Cybercity Magarpatta (10 km), EON IT Park Kharadi (15 km) and Cerebrum IT Park (11 km).
  • Major IT / ITeS companies such as IBM, TCS, Capgemini, Mphasis and HCL, operate from these tech parks.

5: Major Tourist Spots

  • Raja Dinkar Kelkar Museum
  • Anandvan
  • Pune-Okayama Friendship Garden
  • Pataleshwar Cave Temple
  • Aga Khan Palace

FAQs

What is the PIN code of Kondhwa?

The PIN Code of Kondhwa is 411048. It is situated in the southeastern part of Pune.

What is Kondhwa famous for?

Kondhwa is renowned for hosting the ISKCON NVCC (New Vedic Cultural Center), a temple dedicated to Lord Krishna and Goddess Radha. Situated in a less congested area near Pune, this religious landmark attracts devotees.

In addition to ISKCON, Kondhwa boasts a rich spiritual tapestry with a total of 98+ religious places, including 44+ temples and 54+ mosques, contributing to the area's cultural diversity and significance.

Is Kondhwa a good place to live?

Kondhwa in Pune is an appealing residential choice due to its rapid development and strategic location in the city's southeast. The area offers easy access to nearby IT, industrial, and business parks, ensuring convenient employment opportunities for residents. The presence of reputable educational institutions like Olive National School and healthcare facilities including Satyanand Hospital and Bharti Hospital adds to the area's overall livability, making it a well-rounded and desirable place to call home.

What is the future of Kondhwa?

Kondhwa's future looks promising with ongoing government initiatives like the Smart City Mission and infrastructure projects. Private developers like Radhika Developers, Jairaj Group and Tanvi Developers are investing in commercial spaces, enhancing the area's economic prospects. Residential projects, witnessing high demand, indicate a robust real estate market. The average range to rent a property in Kondhwa is Rs 5,250 to Rs 7,550. With rising rental yields of 1.8%, Kondhwa is poised for continued growth, making it an attractive destination for both residents and investors.

What are the current development projects in Kondhwa?

What are the top schools in Kondhwa?

  • Olive National School
  • New Grace English School
  • Blue Bells High School
  • Delhi Public School
  • VIBGYOR High School
  • Mount Carmel Convent High School
  • Mansukhbhai Kothari National School
  • RIMS International School and Junior College

What are the top hospitals in Kondhwa?

  • Satyanand Hospital
  • New Pune Hospital
  • Dr Sarawat Memorial Hospital
  • National Hospital
  • City Hospital
  • Wankhede Hospital
  • Lifeline Hospital
  • Sana Hospital

What are the best restaurants in Kondhwa?

  • RC Kitchen Family Restaurant
  • Arabian Bites
  • South Samrat Pure Veg
  • Jashn
  • Signature Bar & Restaurant
  • Kadam Plaza Hangout
  • 11 East Street Cafe
  • Clover Hills Plaza
  • Girme Heights
  • CRU Mall
  • The Capital
  • Arabian Bites

What are the petrol stations in Kondhwa?

  • Bharat Petroleum Pump
  • BP Petrol Pump
  • Indian Oil
  • Indian Oil Pump Trinity Fuels
  • HP Petroleum
  • Hindustan Petroleum Corporation
  • HPCL LPG Plant
  • Indian Oil Corporation Limited
  • Pune Energy Hub

What are the top gyms in Kondhwa?

  • Dynamo Fitness Club
  • Muscle Max Fitness
  • I Fitness Destiny
  • KSquare Fitness Club
  • The Bodylab Gym
  • Empower Gym & Fitness Club
  • Hyatt Fitness Gym
  • Trypod Fitness
  • La Fit Gym
  • Alpha Fitness

What are the shopping malls in Kondhwa?

  • Royale Heritage Mall
  • Konark Mall
  • Reliance Mall
  • Clovers Hill Plaza
  • The Kirana Mall
  • Mandot Tower
  • Lighthouse Mall
  • CRU Mall
  • ZS Mini Hall
  • Dorabjee Mall

What are the top hotels in Kondhwa?

  • Hotel Mudra
  • The Grand Tulip
  • Area 37 Club
  • Bloom Hotel
  • Tattva Suites
  • Hotel Utsav Deluxe
  • Pratikruti The Lakeview Resort
  • Hotel Moistin
  • Ashirwad Guest House
  • Hotel Satkar

What are the parks in Kondhwa?

  • Unity Park
  • New Park
  • Sky Park
  • Anand Van
  • Ezzy Society Garden
  • Nehru Park
  • Pathan Wada
  • Anusaya Sadba Lonkar Garden
  • Hutatma Park
  • Sobha Jogging Park

What are the top attractions in Kondhwa?

  • Raja Dinkar Kelkar Museum
  • Anandvan
  • Pune-Okayama Friendship Garden
  • Pataleshwar Cave Temple
  • Aga Khan Palace
  • Sinhagad Fort
  • Shaniwar Wada
  • Rajiv Gandhi Zoological Park
  • Lal Mahal
  • Darshan Museum

How much does a 1 BHK cost in Kondhwa?

1 BHK in Kondhwa costs in the range of Rs 16.5 Lakh to Rs 41.5 Lakh.

What is the average size of a 1 BHK in Kondhwa?

The average size of a 1 BHK in Kondhwa is 436 sq ft

What is the rent of a 1 BHK in Kondhwa?

The rent of 1 BHK in Kondhwa lies in the range of Rs 6,150 to Rs 10,500 per month.

How much does a 2 BHK cost in Kondhwa?

2 BHK in Kondhwa costs in the range of Rs 39.5 Lakh to Rs 79.5 Lakh.

What is the average size of a 2 BHK in Kondhwa?

The average size of a 2 BHK in Kondhwa is 775 sqft.

What is the rent of a 2 BHK in Kondhwa?

The rent of 2 BHK in Kondhwa lies in the range of Rs 10,500 to Rs 23,500 per month.

How much does a 3 BHK cost in Kondhwa?

3 BHK flats in Kondhwa cost in the range of Rs 76 Lakh to Rs 1.6 Crore.

What is the average size of a 3 BHK in Kondhwa?

The average size of a 3 BHK in Kondhwa is 886 sq ft.

What is the rent of a 3 BHK in Kondhwa?

The rent of 3 BHK in Kondhwa lies in the range of Rs 13,500 to Rs 31,500 per month.

How much does a 4 BHK cost in Kondhwa?

4 BHK flats in Kondhwa cost in the range of Rs 1.75 Crore and beyond.

What is the average size of a 4 BHK in Kondhwa?

The average size of a 4 BHK in Kondhwa is 2357 sqft.

What is the rent of a 4 BHK in Kondhwa?

The rent of 4 BHK in Kondhwa ranges from Rs 40,000 to Rs 70,000 per month.

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