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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.

Pargaon is a developing semi-rural residential locality situated in the southern outskirts of Pune near Shirwal and Khandala. The pin code of Pargaon is 412801. Industrial workers and local families live in this quiet neighborhood near the Veer Dam reservoir. Residents send children to New Era English Medium School Pargaon Khandala and visit Manasi Memorial Hospital for medical care. Swargate Metro Station on the Purple Line is the nearest metro option located 60 km away. National Highway 48 links the area to Lonand Railway Station which is a 30 minutes drive. Average property rates range from Rs. 2,500 to Rs. 3,800 per sq ft for local plots. Industrial growth in the nearby MIDC areas drives the real estate demand here.
| Locality | Property Price per sq ft* |
|---|---|
| Pargaon pune | Rs. 2,500 to Rs. 3,800 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 3,000 to Rs. 4,500 |
| 2 BHK for rent | Rs. 4,500 to Rs. 6,500 |
| 3 BHK for rent | Rs. 6,500 to Rs. 8,000 |
Pargaon is emerging as an affordable residential hub near the expanding industrial zones of Satara and Pune. The locality has seen a steady property appreciation of 6% over the past year due to industrial relocations. Buyers can find residential plots and apartments priced between Rs. 2,500 and Rs. 3,800 per sq ft. The rental market is also growing with monthly rents ranging from Rs. 3,000 to Rs. 8,000 depending on the property size. This growth is driven by workforce demand from the nearby Shirwal MIDC. (* As of August 22, 2026)
Veer Dam is a prominent landmark in Pargaon. Some more include:
Pargaon is well-connected through National Highway 48 and the following roads:
Swargate Metro Station on the Purple Line is the closest public transit option, located 60 km away. Some more include:
The nearest railway station and airport are Lonand Railway Station, which is located 22 km away, and others:
Pargaon is well-equipped with numerous top educational institutions, such as Z P Primary School and New Era English Medium School Pargaon Khandala, along with:
Some reputed healthcare places near Pargaon include Manasi Memorial Hospital, and others:
You can access Shirwal Weekly Market and Destination Center easily from Pargaon pune. Some more include:
These localities are located around Pargaon:
Here are some of the major employment centres near Pargaon:
The popular landmarks within Pargaon are:


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