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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.

Renuka Nagar is a growing residential locality situated in the southern part of Pune, bordered by Vadgaon Budruk, Dhayari, and Ambegaon Budruk. The pin code of Renuka nagar is 411041. This peaceful suburb primarily houses working professionals and families who appreciate its quiet residential character near the scenic Taljai Hills. Families here rely on ORCHIDS The International School and seek medical care at Navle Hospital. Swargate Metro Station on the Purple Line is the nearest metro station, located 8 km away. Residents travel via Sinhagad Road and Katraj-Dehu Road Bypass to reach Pune Junction Railway Station in 35 minutes. The average property rate in 2026 ranges from Rs. 5,500 to Rs. 7,500 per sq ft, dominated by mid-rise apartments, driven by affordable housing options.
| Locality | Property Price per sq ft* |
|---|---|
| Renuka nagar pune | Rs. 5,500 to Rs. 7,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 8,000 to Rs. 10,000 |
| 2 BHK for rent | Rs. 11,000 to Rs. 14,000 |
| 3 BHK for rent | Rs. 15,000 to Rs. 18,000 |
The residential market in Renuka Nagar shows positive growth in both buying and renting segments. Property values have rebounded significantly, with a 36.8% increase in sale prices over the past year. Buyers can expect average property rates to range from Rs. 5,500 to Rs. 7,500 per sq ft. Meanwhile, the rental market experienced a healthy 17.6% growth, pushing monthly rents to a range of Rs. 8,000 to Rs. 18,000 depending on the configuration. This upward trend is driven by the demand for affordable housing near major transit routes. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Navale Bridge is a prominent landmark in Renuka nagar. Some more include:
Renuka nagar is accessible through Sinhagad Road and the following roads:
Swargate Metro Station on the Purple Line is the closest public transit option, located 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:
Renuka nagar has access to numerous top educational institutions, such as ORCHIDS The International School - CBSE School in Ambegaon and Podar International School, along with:
Some reputed healthcare places near Renuka nagar include Navle Hospital, and others:
You can access Abhiruchi Mall & Multiplex and D-Mart easily from Renuka nagar pune. Some more include:
These localities are located around Renuka nagar:
Here are some of the major employment centres near Renuka nagar:
The popular landmarks within Renuka nagar are:


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Vidyashree Developers LLP 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.
