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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.

Bhandarkar Road is a premium residential locality in central Pune, bordered by Deccan Gymkhana, Shivajinagar, and Erandwane. The pin code of Bhandarkar Road is 411004. This quiet, tree-lined neighbourhood is home to academicians and professionals, featuring the historic Bhandarkar Oriental Research Institute. Residents frequently send children to Fergusson College and visit Sahyadri Super Speciality Hospital for medical needs. Deccan Gymkhana Metro Station on the Aqua Line is the nearest transit point, located 1.5 km away. Key roads like Senapati Bapat Road connect the area, keeping Pune Junction railway station just 15 minutes away. In 2026, average property rates range from Rs. 19,000 to Rs. 27,000 per sq ft, dominated by luxury apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Bhandarkar Road pune | Rs. 19,000 to Rs. 27,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 20,000 to Rs. 28,000 |
| 2 BHK for rent | Rs. 32,000 to Rs. 45,000 |
| 3 BHK for rent | Rs. 50,000 to Rs. 65,000 |
Bhandarkar Road has witnessed exceptional real estate growth, with property values appreciating by 68.3% over the past year. The average buying price for residential apartments ranges from Rs. 19,000 to Rs. 27,000 per sq ft, driven by high demand for premium redeveloped projects. The rental market is equally strong, showing a 22.2% increase in rates, with monthly rents ranging between Rs. 20,000 and Rs. 65,000 depending on the configuration. This upward trend is supported by upcoming transit projects like the Pune Metro Line 3, making it a highly sought-after residential destination in central Pune. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Bhandarkar Oriental Research Institute is a prominent landmark in Bhandarkar Road. Some more include:
Bhandarkar Road is well-connected through Senapati Bapat Road and the following roads:
Deccan Gymkhana Metro Station on the Aqua Line is the closest public transit option, located 1.5 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 5.5 km away, and others:
Bhandarkar Road is well-equipped with numerous top educational institutions, such as Fergusson College and Symbiosis College Of Arts & Commerce, along with:
Some reputed healthcare places near Bhandarkar Road include Poona Hospital And Research Centre, and others:
You can access Pavilion Mall and Central Mall easily from Bhandarkar Road pune. Some more include:
These localities are located around Bhandarkar Road:
Here are some of the major employment centres near Bhandarkar Road:
The popular landmarks within Bhandarkar Road are:


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Lagoo Apte Developers 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.
