New Construction in Kondhwa, Pune

 

About Kondhwa, Pune

Kondhwa, located in the southeastern portion of Pune, is a growing neighborhood that acts as an IT hub, drawing a number of IT businesses. The new construction in Kondhwa Pune is bordered by villages such as Bibwewadi, Mohammed Wadi, Undri, and Wanowrie, and it is well connected to significant regions such as Hadapsar, Pune Cantonment, and Swargate.

With a population of around 1,32,843, the region covers approximately 8.57 square kilometers and has a balanced proportion of male (68,544) and female (64,299) people, resulting in a lively and diversified community within Pune's dynamic terrain.

Additionally, Kondhwa provides easy access to adjacent tourist destinations such as Ajinkyatara Fort.

Char Bhinti Hutatma Smarak and Thoseghar Lake provide calm getaways for leisure and historical investigation. Furthermore, the Panch Ganga Temple and Mahabaleshwar Temple are popular and recognized spiritual sites.

Why Should You Invest in Kondhwa?

Kondhwa stands out as an appealing investment prospect because of its constant and significant increase in property value. Its strategic position near major job centers increases the desirability of real estate and rental demand. Notably, the region has an average monthly flat rental range of Rs. 6,200, with a respectable rental yield of 1.8%.

Furthermore, well-known developers like as Three Jewels, Ceratec Anara, Tanvi Oxy Point, Jairaj Aaradhyam, and Kuldevee The Heritage provide great developments, adding to the area's dynamic real estate scene and instilling confidence in 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 location is easily accessible via major routes like Katraj-Hadapsar Bypass (NH-65) and Bangalore-Pune Expressway (NH-60).
• Two railway stations, Sasane Nagar and Pune Junction, are within an 8-10 km radius.
• Kondhwa route is a well used route in the area, providing internal road access.
• Pune International Airport is 15 kilometers from Kondhwa.
• Other major roads in the vicinity are NIBM Road and Bibwewadi Kondhwa Road.
• The Katraj and Market Yard bus stops are near to 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

• Three Jewels
• Puravankara Kenvista
• Ceratec Antara
• Tanvi Oxy Point
• Kundan La Ventana
• Jairaj Aaradhyam
• Sikandar Apartment

4: Thriving Commercial Centre

• IT hotspots like Fursungi, Kharadi, Shivaji Nagar, and Magarpatta are 10-15 km from Kondhwa.
• Hadapsar and Mundhwa Industrial Areas are key manufacturing clusters within a 10-kilometer radius.
• The area has easy access to Pune's eastern IT corridor, which includes major IT parks and SEZs including SP Infocity Fursungi (12 km), Cybercity Magarpatta (10 km), EON IT Park Kharadi (15 km), and Cerebrum IT Park (11 km).
• Major IT/ITeS businesses, including 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