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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.

Shri shrungeri shankar math colony is a peaceful residential enclave in western Pune, bordered by Bhusari Colony, Kothrud, and Bavdhan. The pin code of Shri shrungeri shankar math colony is 411038. This quiet neighborhood primarily houses families and working professionals, centered around the revered Shri Sringeri Shankar Math temple. Residents frequently access nearby educational institutions like Millennium National School and medical facilities such as Sahyadri Hospital. Vanaz Metro Station on the Aqua Line is the nearest transit point, located just 1.8 km away. Paud Road provides direct access, making Pune Junction Railway Station reachable within thirty minutes. The 2026 average property rates range from Rs. 8,500 to Rs. 11,500 per sq ft, dominated by mid-rise apartments driven by the serene environment.
| Locality | Property Price per sq ft* |
|---|---|
| Shri shrungeri shankar math colony pune | Rs. 8,500 to Rs. 11,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 15,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 22,000 to Rs. 26,000 |
| 3 BHK for rent | Rs. 30,000 to Rs. 35,000 |
Property values in this pocket of Pune have experienced a noticeable correction recently. The buyer market saw a significant depreciation of 38.3% in property values, bringing the average purchase price range to Rs. 8,500 to Rs. 11,500 per sq ft. Conversely, the rental market remains highly resilient, showing a steady appreciation of 3.6% over the past year. Monthly rental rates for residential spaces now range from Rs. 15,000 to Rs. 35,000 depending on the configuration. This divergence highlights strong tenant demand driven by professionals working in nearby commercial hubs, even as sales prices stabilize. (* As of August 22, 2026)
Shri Sringeri Shankar Math Temple is a prominent landmark in Shri shrungeri shankar math colony. Some more include:
Shri shrungeri shankar math colony is well-connected through Paud Road and the following roads:
Vanaz Metro Station on the Aqua Line is the closest public transit option, located 1.8 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 11 km away, and others:
Shri shrungeri shankar math colony is well-equipped with numerous top educational institutions, such as Millennium National School and Jog High School, along with:
Some reputed healthcare places near Shri shrungeri shankar math colony include Sahyadri Hospital, and others:
You can access SGS Mall and Pavilion Mall easily from Shri shrungeri shankar math colony pune. Some more include:
These localities are located around Shri shrungeri shankar math colony:
Here are some of the major employment centres near Shri shrungeri shankar math colony:
The popular landmarks within Shri shrungeri shankar math colony are:


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SK Fortune Group 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.
