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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.
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.
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.
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 |
The PIN Code of Kondhwa is 411048. It is situated in the southeastern part of Pune.
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.
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.
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 shopping malls in Kondhwa?
1 BHK in Kondhwa costs in the range of Rs 16.5 Lakh to Rs 41.5 Lakh.
The average size of a 1 BHK in Kondhwa is 436 sq ft
The rent of 1 BHK in Kondhwa lies in the range of Rs 6,150 to Rs 10,500 per month.
2 BHK in Kondhwa costs in the range of Rs 39.5 Lakh to Rs 79.5 Lakh.
The average size of a 2 BHK in Kondhwa is 775 sqft.
The rent of 2 BHK in Kondhwa lies in the range of Rs 10,500 to Rs 23,500 per month.
3 BHK flats in Kondhwa cost in the range of Rs 76 Lakh to Rs 1.6 Crore.
The average size of a 3 BHK in Kondhwa is 886 sq ft.
The rent of 3 BHK in Kondhwa lies in the range of Rs 13,500 to Rs 31,500 per month.
4 BHK flats in Kondhwa cost in the range of Rs 1.75 Crore and beyond.
The average size of a 4 BHK in Kondhwa is 2357 sqft.
The rent of 4 BHK in Kondhwa ranges from Rs 40,000 to Rs 70,000 per month.
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