




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.

Old Wadarwadi is a dense residential pocket in central Pune bordering Shivajinagar, Gokhalenagar, and Model Colony. The pin code of Old Wadarwadi is 411016. This older neighborhood houses students and working professionals due to its placement near Fergusson College and Chatushrungi Hill. Residents frequently access Symbiosis College of Arts and Commerce and MMF Ratna Memorial Hospital for daily needs. Shivajinagar Metro Station on the Aqua Line is the closest transit point located 2 km away. Senapati Bapat Road links the area to Pune Junction Railway Station in 15 minutes. The 2026 average property rate ranges from Rs. 11,000 to Rs. 15,000 per sq ft, dominated by small apartments and independent houses driven by student rental demand.
| Locality | Property Price per sq ft* |
|---|---|
| Old Wadarwadi pune | Rs. 11,000 to Rs. 15,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 9,000 to Rs. 13,000 |
| 2 BHK for rent | Rs. 14,000 to Rs. 18,000 |
| 3 BHK for rent | Rs. 19,000 to Rs. 25,000 |
Property values in this central pocket have seen a massive upward shift. Buyer interest remains strong with a remarkable 244.8% appreciation in property values over the past year. Residential properties now command purchase rates between Rs. 11,000 and Rs. 15,000 per sq ft. Conversely, the rental market experienced a minor correction of -18.4% recently. Monthly rentals for typical apartments now range from Rs. 9,000 to Rs. 25,000 depending on the configuration. This shift reflects changing student housing preferences and new supply in neighboring areas. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Chatushrungi Temple is a prominent landmark in Old Wadarwadi. Some more include:
Old Wadarwadi is well-connected through Senapati Bapat Road and the following roads:
Shivajinagar Metro Station on the Aqua Line is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 5 km away, and others:
Old Wadarwadi 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 Old Wadarwadi include MMF Ratna Memorial Hospital, and others:
You can access The Pavillion Mall and Westside - FC Road, Pune easily from Old Wadarwadi pune. Some more include:
These localities are located around Old Wadarwadi:
Here are some of the major employment centres near Old Wadarwadi:
The popular landmarks within Old Wadarwadi are:


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