Pune
The Kondhwa real estate market maintains a steady growth trajectory, with average residential property prices currently at ₹10,750 per sq ft. Market interest remains high across both ready-to-move and under-construction segments, providing diverse entry points for home buyers. Rental activity is equally vibrant, supported by a healthy rental yield and a consistent demand for apartment living across various unit configurations. Recent registration data confirms steady transaction momentum in the region, reflecting sustained buyer confidence in this established Pune south locality.
As of September 2026, the average asking price in Kondhwa is ₹10,750 per sq ft. This rate has depreciated by 0.06% compared to the previous period, indicating a period of relative price stability in the local residential market.
The average asking price in Kondhwa is currently ₹10,750 per sq ft, which sits above the Government Registration Rate of ₹8,050 per sq ft as of September 2026. This gap between the market-driven asking price and the government-benchmarked registration value is a common feature in the area, reflecting the premium buyers pay for market-ready residential assets.
As of September 2026, rental rates in Kondhwa vary by unit size: 1 BHK apartments average ₹15,500 per month, 2 BHK units average ₹23,000 per month, and 3 BHK apartments command an average of ₹39,250 per month. These figures provide a clear baseline for tenants and landlords looking to understand the monthly occupancy costs across the locality.
The rental yield in Kondhwa stands at 3.57% as of September 2026. For property investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key metric for evaluating the income-generating potential of residential assets in the area.
Property prices in the vicinity of Kondhwa show significant variation as of September 2026. For instance, Indira Nagar commands the highest average asking price at ₹18,900 per sq ft (which has appreciated by 11.35% from the previous period), while Undri offers a more accessible entry point at ₹8,100 per sq ft, having appreciated by 3.61%. Other areas like NIBM show strong growth, with rates at ₹12,350 per sq ft, reflecting a 15.05% appreciation, whereas Gangadham has seen a depreciation of 15.13% to reach ₹14,850 per sq ft.
As of September 2026, Ready To Move properties in Kondhwa are priced at an average of ₹8,800 per sq ft, having appreciated by 5.54% from the previous period. In contrast, Under Construction projects are currently priced at ₹10,750 per sq ft, which reflects a significant appreciation of 21.2% over the same timeframe, suggesting strong developer confidence and demand for newer inventory.
As of September 2026, several projects in Kondhwa feature premium listing rates, led by Silver Arch Pune at ₹14,800 per sq ft (up 14.41%) and Majestique Gigahomes LLP at ₹14,750 per sq ft (up 52.89%). Other notable high-value projects include Gagan Unnati at ₹14,550 per sq ft (up 17.63%) and Clover Palisades at ₹14,300 per sq ft (up 2.87%), reflecting the diverse pricing landscape for premium residential developments in the locality.
As of September 2026, the rental market in Kondhwa shows distinct trends by property type. Apartments maintain an average rental rate of ₹50 per sq ft, with rates remaining stable at 0% change. Meanwhile, shops command a significantly higher average rental rate of ₹100 per sq ft, having appreciated by 16% compared to the previous period, signaling robust demand for commercial rental spaces in the area.
As of September 2026, premium rental projects in Kondhwa include Parmar Residency at ₹43 per sq ft, Clover Hills at ₹41 per sq ft, and Acropolis Purple Nine Hills at ₹40 per sq ft. These projects represent the higher end of the rental market, where rates have remained stable at 0% change, except for Raichandani Swarna Vatika, which is at ₹36 per sq ft after a 10% depreciation.
A buyer should view the price trends in Kondhwa as a reflection of market maturity and supply-demand dynamics. As of September 2026, the location rate has fluctuated from ₹10,400 per sq ft in December 2025 to ₹10,750 per sq ft by June 2026. Observing these quarterly shifts helps buyers identify whether the market is in a growth phase or a correction, allowing for more informed timing when entering the Kondhwa real estate market.
