Pune
Kondhwa has evolved into a robust residential hub in Pune, characterized by a steady average asking price of ₹10,750 per sq ft and active development across multiple stages. The rental market remains active, with an average yield of 3.57% and monthly rents for 3 BHK apartments reaching ₹39,250. Registration activity has been consistent, with 34 transactions recorded in the recent period amounting to a gross value of ₹26 Cr. The local supply mix is heavily weighted toward ready-to-move projects, providing immediate options for homebuyers. Developers continue to launch new phases, ensuring the market stays relevant for both end-users and investors.
As of June 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. This difference between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when evaluating property valuation and potential stamp duty implications.
The price trend in Kondhwa shows a trajectory of growth and stabilization, with the average asking price rising from ₹8,850 per sq ft in September 2025 to ₹10,750 per sq ft by June 2026. While the rate held steady at ₹10,750 per sq ft between March 2026 and June 2026, the overall upward movement from late 2025 reflects sustained demand in the area.
Among the areas surrounding Kondhwa, Indira Nagar currently commands the highest average asking price at ₹18,900 per sq ft, having appreciated by 11.35% from the previous period. Conversely, Undri offers a more accessible entry point with an average asking price of ₹8,100 per sq ft, which has appreciated by 3.61% over the same timeframe.
Property prices in Kondhwa vary significantly by type, with shops leading at an average of ₹29,800 per sq ft, which appreciated by 6.38% compared to the previous period. Office spaces are priced at ₹17,950 per sq ft, showing a depreciation of 1.66%, while villas average ₹13,150 per sq ft, reflecting an appreciation of 7.18%. Apartments, the most common residential choice, are priced at ₹10,750 per sq ft, with a marginal depreciation of 0.06%.
As of June 2026, Ready To Move properties in Kondhwa have an average price of ₹8,800 per sq ft, having appreciated by 5.54% from the previous period. In contrast, Under Construction projects are priced at ₹10,750 per sq ft, which represents a significant appreciation of 21.2% over the same period, suggesting strong investor confidence or premium positioning for newer developments.
The average rental rate in Kondhwa is ₹32 per sq ft, with a rental yield of 3.57% as of June 2026. This rental yield is a vital indicator for investors, representing the annual return on investment from rental income relative to the property's purchase price, and the rate has remained stable with a 0% change over the observed period.
Rental rates in Kondhwa vary by unit size, with 1 BHK apartments averaging ₹15,500 per month, 2 BHK units at ₹23,000 per month, and 3 BHK apartments at ₹39,250 per month as of June 2026. This tiered pricing allows tenants to select properties based on their space requirements and budget, while providing landlords with clear benchmarks for their specific asset class.
As of June 2026, the top projects for rent 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 command premium rental rates due to their specific location advantages and amenities, with most of these top-tier projects showing stable rental rates (0% change) compared to the previous period.
Buyers should view the listing rates of top projects like Silver Arch Pune (₹14,800 per sq ft) and Majestique Gigahomes LLP (₹14,750 per sq ft) as indicators of premium market segments in Kondhwa. For instance, Majestique Gigahomes LLP has seen a notable appreciation of 52.89% compared to the previous period, which signals high demand and potential value growth for properties within such prominent developments.
