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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Kondhwa Road is a growing residential corridor in southern Pune bordered by NIBM, Bibwewadi, and Katraj. The pin code of Kondhwa Road is 411048. This area has a diverse multicultural population of working professionals and students living near Jyoti Restaurant. Families send children to PGKM School and visit Satyanand Multispeciality Hospital for medical needs. Swargate Metro Station on the Purple Line is the nearest transit point located 6 km away. Travel to Pune Junction Railway Station via the main Kondhwa Road takes about 25 minutes. The 2026 average property rate ranges from Rs. 6,200 to Rs. 8,500 per sq ft for multi-story apartments, driven by affordable housing options and close distance to commercial hubs.
| Locality | Property Price per sq ft* |
|---|---|
| Kondhwa Road pune | Rs. 6,200 to Rs. 8,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 11,000 to Rs. 14,000 |
| 2 BHK for rent | Rs. 16,000 to Rs. 20,000 |
| 3 BHK for rent | Rs. 22,000 to Rs. 26,000 |
Property values along this corridor have stabilized after minor fluctuations in recent years. The average buyer price range stands between Rs. 6,200 and Rs. 8,500 per sq ft, reflecting a cumulative sale growth rate of -4.48% over the last three years. Conversely, the rental market has experienced strong demand, showing a cumulative rental growth rate of 60.78%. Monthly rents for typical apartments now range from Rs. 11,000 to Rs. 26,000 depending on the configuration. This divergence highlights the area as a highly active rental market driven by students and working professionals. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Jyoti Restaurant is a prominent landmark in Kondhwa Road. Some more include:
Kondhwa Road is well-connected through Katraj-Kondhwa Road and the following roads:
Swargate Metro Station on the Purple Line is the closest public transit option, located 6 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 8 km away, and others:
Kondhwa Road is well-equipped with numerous top educational institutions, such as PGKM School and VIT College (Kondhwa Campus), along with:
Some reputed healthcare places near Kondhwa Road include Satyanand Multispeciality Hospital, and others:
You can access Royal Heritage Mall and Kumar Pacific Mall easily from Kondhwa Road pune. Some more include:
These localities are located around Kondhwa Road:
Here are some of the major employment centres near Kondhwa Road:
The popular landmarks within Kondhwa Road are:


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Alcon Realtors has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
