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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.

Lonikand is a developing semi-urban residential locality situated in northeastern Pune, bordering Wagholi, Bakori, and Perne. The pin code of Lonikand is 412216. This area has a quiet rural-urban character populated mostly by industrial workers and families. Prominent local landmarks include the historic Lonikand Police Station and the ancient Bhairavnath Temple. Residents send their children to Holy Spirit Convent School and visit the nearby Imax Multispeciality Hospital for healthcare. Ramwadi Metro Station on the Aqua Line is the nearest metro option located 15 km away. The locality sits along the Pune-Ahmednagar Road, which links to Pune Junction Railway Station in 45 minutes. Average property rates range from Rs. 3,500 to Rs. 4,800 per sq ft, dominated by budget apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Lonikand pune | Rs. 3,500 to Rs. 4,800 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 5,000 to Rs. 7,000 |
| 2 BHK for rent | Rs. 7,000 to Rs. 9,500 |
| 3 BHK for rent | Rs. 9,500 to Rs. 12,000 |
Lonikand has emerged as an affordable residential hub in northeastern Pune. Property values have risen steadily, showing a cumulative sale growth rate of 41.31% over recent years. Buyers can find apartments priced between Rs. 3,500 and Rs. 4,800 per sq ft. The rental market is also growing, showing an average annual growth rate of 4.19%. Monthly rents for typical apartments range from Rs. 5,000 to Rs. 12,000. This growth is driven by the demand for budget housing near major employment hubs. The upcoming Pune Outer Ring Road will further boost these values. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Bhairavnath Temple is a prominent landmark in Lonikand. Some more include:
Lonikand is well-connected through Pune-Ahmednagar Road and the following roads:
Ramwadi Metro Station on the Aqua Line is the closest public transit option, located 15 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 21 km away, and others:
Lonikand is well-equipped with numerous top educational institutions, such as Zilla Parishad school, Lonikhand and Holy Spirit Convent School, along with:
Some reputed healthcare places near Lonikand include Imax Multispeciality Hospital, and others:
You can access Phoenix Marketcity and Inorbit Mall easily from Lonikand pune. Some more include:
These localities are located around Lonikand:
Here are some of the major employment centres near Lonikand:
The popular landmarks within Lonikand are:


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