Kondhwa has an average asking price of ₹10,750 per sq ft. Market trends show a steady upward trajectory, with rates rising from ₹8,850 in late 2025 to their current level. The area supports a diverse real estate landscape, with residential apartments remaining a primary focus for buyers. Meanwhile, a healthy rental yield of 3.57% continues to attract investors seeking consistent returns in this established southern Pune suburb.
Insights for Kondhwa, Pune Real Estate Market Overview
Kondhwa’s property market has demonstrated significant growth, with current residential apartment rates averaging ₹10,750 per sq ft. The market reflects a blend of ready-to-move and under-construction inventory, catering to diverse buyer timelines and budgets. Rental activity remains robust, supported by a 3.57% yield, while commercial and villa segments offer higher premium price points. Recent government registration data confirms steady transaction momentum, highlighting the area's ongoing appeal to both homeowners and long-term investors.
Residential apartments currently average ₹10,750 per sq ft, showing a positive price trend over the last two quarters.
Rental rates for 3 BHK units average ₹38,900 per month, providing strong income potential for property owners.
The ready-to-move segment features 291 units, offering immediate occupancy options for buyers.
Top projects like Kumar Palmgrove and Carnation CHS continue to drive significant transaction interest in the region.
Commercial shops command a premium average of ₹29,800 per sq ft, reflecting high demand for retail space.
Market Strengths
Consistently rising residential property values, now averaging ₹10,750 per sq ft.
Strong demand for villa properties with an 11.62% price increase.
High transaction volume with 169 registrations in the last year.
Diverse inventory mix ranging from affordable ready-to-move units to premium new launches.
Significant rental demand for 2 BHK apartments, averaging ₹25,400 per month.
Active developer participation from trusted brands like Eisha Group and Kumar Properties.
Market Challenges
High-end commercial office space has seen a price decline of -1.66%.
Rental rates for Nibm Road have experienced a downward adjustment of -7.89%.
Undri rental rates have faced a -10% correction, impacting short-term yield expectations.
Nibm apartment rental rates have seen a decline of -8.57% YoY.
Select premium projects like Eisha Bella Vista have seen price fluctuations of -5.10%.
Investment Opportunities
Rental yield of 3.57% offers a stable income stream for residential investors.
3 BHK apartments provide an average monthly rental income of ₹38,900.
Commercial shop space presents a high-growth asset class with current rates of ₹29,800 per sq ft.
Under-construction projects at ₹8,950 per sq ft provide potential for capital appreciation upon completion.
Ready-to-move units at ₹8,350 per sq ft offer lower entry points for immediate rental deployment.
Top Localities in Kondhwa, Pune
Salunkhe Vihar Society
Avg Price₹ 8,100 /Sq.Ft.
Avg Rent₹ 33 /Sq.Ft.
YIELD
+ 4.89
LISTINGS
11
Katraj Kondhwa Road
Avg Price₹ 8,750 /Sq.Ft.
LISTINGS
4
Price Trend
Kondhwa, Pune Property Price Trends and Appreciation
Property rates in Kondhwa have seen a consistent climb over recent quarters. Starting at ₹8,850 per sq ft in September 2025, prices increased to ₹10,400 by December 2025. This momentum continued into March 2026, reaching the current average of ₹10,750 per sq ft.
The Kondhwa region encompasses several distinct pockets, each with unique pricing characteristics. Gangadham commands a premium at ₹17,450 per sq ft, while Bibwewadi follows closely at ₹17,100 per sq ft. More accessible options are available in areas like Salunkhe Vihar Society at ₹8,100 per sq ft and Undri, which averages ₹7,800 per sq ft. These variations allow buyers to choose between high-end central localities and more budget-friendly peripheral zones.
Kondhwa’s real estate market caters to diverse buyer preferences across property categories. Commercial shops lead the premium segment at ₹29,800 per sq ft, experiencing a growth of 6.38%. Residential apartments are priced at ₹10,750 per sq ft, while villa properties command an average of ₹12,300 per sq ft after an 11.62% increase.
The Kondhwa market offers properties across various development stages to suit different buyer timelines. Ready-to-move inventory, comprising 291 units, averages ₹8,350 per sq ft, appealing to those seeking immediate possession. Under-construction projects present 20 opportunities at ₹8,950 per sq ft, while new launches are priced at ₹8,900 per sq ft, reflecting the ongoing demand for fresh supply.
Project & Developer Insights
Top Residential Projects and Developers in Kondhwa
Top Projectsin Kondhwa
Kolte Patil Elixir is the top project in Kondhwa with prices from ₹ 1.70 Cr to 14.60 Cr.
Premium residential developments in Kondhwa command significant asking prices, reflecting their luxury positioning. Rajkamal Apartment leads the list at ₹15,650 per sq ft, followed by Clover Palisades at ₹13,900 per sq ft. Other notable projects such as Silver Arch Pune at ₹13,850 per sq ft and Acropolis Purple Nine Hills at ₹13,650 per sq ft represent the aspirational segment of the market.
High-value transactions in Kondhwa are concentrated in select premium developments. Kumar Palmgrove generated significant interest with a rate of ₹12,550 per sq ft, while Eisha Loreals and Gagan Avenue also feature prominently in the top-value list. These projects serve as key anchors for the local residential market.
Transaction volumes highlight strong buyer interest in established Kondhwa developments. Kumar Palmgrove and Carnation CHS both recorded notable registrations, underscoring their status as preferred choices. Eisha Mirelle and Kanchan Royal Exotica also attracted buyer attention, reflecting confidence in these residential projects.
Top projects in Kondhwa such as Parmar Residency and Clover Hills offer competitive leasing options at ₹43 and ₹41 per sq ft, respectively. Other well-regarded developments like Acropolis Purple Nine Hills and Hill Mist Harmony Apartment provide rental opportunities at ₹40 and ₹38 per sq ft.
The Kondhwa development landscape is shaped by established builders driving consistent transaction volumes. The Eisha Group leads with 3 registrations, followed by Kumar Properties with 2. Other active builders including Mittal Brothers, Shri Krishna Developers, and Karia Developers continue to play a vital role in the area's growth.
Government Registrations
Government Registration in Kondhwa, Pune
Official registration data reveals robust activity in Kondhwa, with 169 transactions recorded between August 2025 and July 2026. These deals represent a gross value of ₹135 Cr, with average registered rates at ₹7,550 per sq ft. Developer activity was led by the Eisha Group, while project-wise interest was particularly strong in Kumar Palmgrove and Carnation CHS.
Sales Transactions169
Gross Sales Value₹ 135 Cr
Registered Rate₹ 7,550/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Kondhwa, Pune
Rental demand across Kondhwa is strongest for 3 BHK apartments, which command an average of ₹38,900 per month. 2 BHK units remain a popular choice at ₹25,400 per month, while 1 BHK apartments are available for an average of ₹15,000 per month. Rental rates across the Kondhwa micromarkets are largely uniform, with locations such as Shivneri Nagar, Nibm Annexe, and Undri all averaging ₹50 per sq ft. While most areas remain stable, Nibm Road and Nibm have seen minor rental adjustments of -7.89% and -8.11% respectively. The rental market for apartments in Kondhwa is currently priced at an average of ₹50 per sq ft. This sector has seen a year-over-year change of -8.57%, reflecting the broader adjustment in residential leasing rates. Top projects in Kondhwa such as Parmar Residency and Clover Hills offer competitive leasing options at ₹43 and ₹41 per sq ft, respectively. Other well-regarded developments like Acropolis Purple Nine Hills and Hill Mist Harmony Apartment provide rental opportunities at ₹40 and ₹38 per sq ft.
Rental demand across Kondhwa is strongest for 3 BHK apartments, which command an average of ₹38,900 per month. 2 BHK units remain a popular choice at ₹25,400 per month, while 1 BHK apartments are available for an average of ₹15,000 per month.
Rental rates across the Kondhwa micromarkets are largely uniform, with locations such as Shivneri Nagar, Nibm Annexe, and Undri all averaging ₹50 per sq ft. While most areas remain stable, Nibm Road and Nibm have seen minor rental adjustments of -7.89% and -8.11% respectively.
The rental market for apartments in Kondhwa is currently priced at an average of ₹50 per sq ft. This sector has seen a year-over-year change of -8.57%, reflecting the broader adjustment in residential leasing rates.
Frequently Asked Questions About Property Rates in Kondhwa, Pune
What is the current average asking price in Kondhwa as of June 2026?
As of June 2026, the average asking price in Kondhwa stands at ₹10,750 per sq ft. This figure reflects an appreciation of 3.62% compared to previous periods, indicating a resilient demand for residential properties in this locality. For context, the Government Registration Rate in the area is currently ₹7,850 per sq ft, which provides a useful benchmark for buyers to compare against current market-driven asking prices.
How have property prices in Kondhwa trended over the last few quarters?
Property prices in Kondhwa have shown a positive trajectory, with the average asking price reaching ₹10,750 per sq ft by June 2026. Data from the preceding quarters shows a steady climb from ₹8,850 per sq ft in September 2025 to ₹10,400 per sq ft in December 2025, and further to ₹10,750 per sq ft in March 2026. This consistent upward movement suggests strong buyer confidence and sustained interest in the Kondhwa real estate market.
How do property prices vary across different neighbourhoods in Kondhwa?
Property prices in the neighbourhoods surrounding Kondhwa vary significantly based on local demand and infrastructure. As of June 2026, Gangadham commands the highest rate at ₹17,450 per sq ft, followed by Bibwewadi at ₹17,100 per sq ft, which has seen a notable appreciation of 43.31%. Conversely, more accessible options are available in Undri at ₹7,800 per sq ft (depreciating by 0.74%) and Salunkhe Vihar Society at ₹8,100 per sq ft, where prices have remained stable.
Are there significant price differences between property types in Kondhwa?
Yes, property prices in Kondhwa are segmented by type, with shops currently commanding the highest premium at ₹29,800 per sq ft as of June 2026, marking an appreciation of 6.38%. Office spaces are priced at ₹17,950 per sq ft, reflecting a slight depreciation of 1.66%, while villas are priced at ₹12,300 per sq ft, showing a strong appreciation of 11.62%. Apartments, which form the bulk of the residential supply, are priced at ₹10,750 per sq ft, having appreciated by 3.62%.
How does the status of a project affect its price in Kondhwa?
Project status significantly influences pricing in Kondhwa as of June 2026. Ready To Move properties are priced at ₹8,350 per sq ft (up 2.59%), while Under Construction projects are slightly higher at ₹8,950 per sq ft, reflecting a 3.73% appreciation. New Launch projects are currently trading at ₹8,900 per sq ft, showing a significant 7.31% appreciation, which often signals developer confidence in upcoming supply.
What is the average rental rate and rental yield for properties in Kondhwa?
As of June 2026, the average rental rate in Kondhwa is ₹32 per sq ft, which has seen a depreciation of 8.57% compared to previous periods. The locality currently offers a rental yield of 3.57%, a key metric for investors to evaluate the income-generating potential of their property relative to the capital investment required for a purchase.
What is the BHK-wise rental pattern in Kondhwa?
The rental market in Kondhwa caters to diverse needs, with monthly rates as of June 2026 averaging ₹15,000 for a 1 BHK, ₹25,400 for a 2 BHK, and ₹38,900 for a 3 BHK apartment. These figures help tenants and investors understand the entry-level costs and potential monthly income streams available across different unit configurations in the locality.
Which projects in Kondhwa command the highest rental rates?
As of June 2026, premium rental projects in Kondhwa include Parmar Residency at ₹43 per sq ft and Clover Hills at ₹41 per sq ft. Other notable projects include Acropolis Purple Nine Hills at ₹40 per sq ft, and Hill Mist Harmony Apartment and Kumar Urban Kubera Colony, both at ₹38 per sq ft. These projects generally maintain stable rental rates, reflecting their desirability and prime location within the Kondhwa market.
Which developers are most active in the Kondhwa real estate market?
Eisha Group leads the market in terms of transaction activity with 3 recorded transactions, followed by Kumar Properties with 2 transactions as of June 2026. Other developers contributing to the market's activity include Mittal Brothers, Shri Krishna Developers, Karia Developers, Kanchan Developers, Kumar Builders, and Devi Group, each maintaining a presence in the local project landscape.
How should a prospective buyer interpret the transaction data for top projects in Kondhwa?
Prospective buyers can use transaction data to gauge the liquidity and popularity of specific projects in Kondhwa. For instance, projects like Kumar Palmgrove (₹12,550 per sq ft) and Eisha Loreals (₹9,850 per sq ft) appear as top projects by both transaction volume and value as of June 2026. High transaction activity in these projects often serves as a signal of buyer trust and project viability, helping investors and end-users narrow down their search to established, high-demand developments.