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Flats Under 2 Crore for sale in NIBM Kondwa Link Road Kondhwa, Pune
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About Properties In NIBM Kondwa Link Road, Kondhwa, Pune for Sale
Overview of Kondhwa
- Kondhwa is a thriving locality situated in the southern part of .
- It also comprises a good balance of Industrial and commercial hubs.
- There are a variety of residential properties in Kondhwa, catering diverse housing needs.
- It is known for a pleasant atmosphere with ample green spaces.
- Kondhwa is a well-connected suburb with good access to other parts of the city.
- Excellent connectivity and proximity to work hubs make Kondhwa an attractive real estate location for both homebuyers and investors.
- Kondhwa is experiencing rapid development and infrastructure, upgrading its lifestyle.
- The PIN Code of Kondhwa is 411048.
Kondhwa Residential Market Insights
- Kondhwa is a booming real estate market with growing demand and good infrastructure.
- Average price for a property in Kondhwa is ₹ 6,750 per sq. ft.
- There is are variety of residential options in Kondhwa with different price ranges.
- Average price for 1 BHK in Kondhwa can range from ₹ 20 lakh to ₹ 55 lakh.
- Average price for 2 BHK in Kondhwa can range from ₹ 55 lakh - ₹ 98 lakh.
- Average price for 3 BHK in Kondhwa can range from ₹ 97 lakh to ₹ 1.70 lakh.
- However, the prices may vary depending on factors such as the developer, amenities, location, and type of property.
- Due to easy access to major work hubs and good connectivity, Kondhwa is also an ideal rental location.
- The average monthly rental value in Kondhwa is ₹ 21,000 - 51,000.
- The major reason that attracts both homebuyers and investors to Kondhwa is the comparatively affordable property prices and high potential of the locality.
Connectivity and Transportation In Kondhwa
- Metro connectivity in Kondhwa is served by the Swargate Metro Station on the Purple Line, which is reachable in just 6 km.
- Railway stations near Kondhwa are Junction and Hadapsar Railway Station. These are just 8-10 km away.
- The key roadway that enables major transportation is Kondhwa Road.
- Other important roads in Kondhwa that offer vast connectivity are NH-60 (-Bengaluru Hwy), NIBM Road, Katraj-Kondhwa Road, and Bibwewadi Kondhwa Road.
- Kondhwa is in close connection to other major localities like Hadapsar Cantonment, and Swargate.
- Public transportation options like Buses, Autos, and Cabs are also readily available.
- International Airport is only 15 km away from Kondhwa.
Social Infrastructure In Kondhwa
- Kondhwa comprises good infrastructure that allows residents easy access to important social facilities.
- Reputed hospitals in Kondhwa include Care Hospital, Satyanand Hospital, Chintamani Hospital, and Chandralok Hospital.
- Popular Educational Institutes in Kondhwa include Blue Bells High School, Olive National, and New Grace English.
- NIBM, a renowned Government College is also located in Kondhwa.
- Mahalaxmi Market, Akash Market, and K K Market are some of the nearby markets that provide daily necessities to the locals in Kondhwa.
- Malls in Kondhwa such as Lighthouse Mall, Royal Heritage Mall, and CRU Mall, serve the shopping needs of the residents.
- Luxury hotels near Kondhwa, including Hotel Raj Mahal, Deccan 8 Hotel, Hotel Centro, JW Marriott Hotel, etc, offer highly comfortable stays.
Employment Opportunities In Kondhwa
- Kondhwa has good proximity to many major employment hubs. This includes various Industrial, Commercial, and IT Hubs.
- Some major Industrial areas, such as Tyni Audyogic Wasahat, Mundhwa, and Danny Mehata Nagar, are located within easy access. This offers a good employment opportunity in Kondhwa.
- Famous IT Hubs like Magarpatta and Kharadi are located within 10-15 km only.
- IT Corridors comprising several IT Parks and SEZs on the eastern side of are also within easy reach. It includes Cybercity, EON IT Park, SP Infocity Fursungi, Cerebrum IT Park, etc.
- Popular IT/ ITeS companies, such as TCS, Capgemini, Mphasis, HCL, and IBM, also operate in the nearby commercial zones.
Lifestyle In Kondhwa
- Kondhwa enjoys a balanced lifestyle. The locals have important facilities like schools, colleges, hospitals, work hubs, malls, markets, etc within easy reach.
- This locality is a high-value, metropolitan area; however, Kondhwa is not considered posh but a super convenient locality.
- Several recreational facilities in Kondhwa include Soul Essence - The Family Spa, PVR Icon, City Pride Multiplex, Pawana Camps, etc.
- There are many gardens and parks in Kondhwa that offer residents space to unwind, refresh, or simply enjoy a relaxing walk.
- Restaurants in Kondhwa, such as The Sea Secret, Aarvi's Pure Veg, A1 Darbar, Shiv Sagar Restaurant, etc, offer a fine dining experience.
- Sports centers near Kondhwa such as Parge Football Academy, MJP Badminton Court, Race Sports Club, etc, offer fitness opportunities to the locals.
Safety and Security In Kondhwa
- Kondhwa is a safe locality with the availability of essential facilities.
- Police stations are located close by to ensure the safety of the locals.
- Police patrolling is also conducted regularly to ensure the security of the region is maintained properly.
- It is a family-friendly neighbourhood with a welcoming and peaceful living environment.
Development and Future Prospects In Kondhwa
- The planned Swargate-Katraj Metro Corridor is expected to significantly benefit the daily commuters in Kondhwa.
- Katraj-Kondhwa Road is soon to be widened with an aim to reduce traffic and enhance travel time.
- Upcoming Ring Road will boost the connectivity of the region vastly.
Cultural and Community In Kondhwa
- Kondhwa is home to a vibrant community with a diverse population that lives harmoniously.
- People from different backgrounds celebrate different cultures and traditions together in Kondhwa, promoting diversity and unity.
- Various religious places in Kondhwa include Amba Mata Mandir, Shani Mandir, ISKCON Temple, Mahadev Mandir, and Gurudwara Guru Nanak Darbar.
- Some of the cultural centers in and near Kondhwa include Raah - A Literacy & Cultural Centre, Kalaayan Cultural Centre, and Kalachhaya Cultural Centre.
Environmental Factors In Kondhwa
- Kondhwa is known for its green and peaceful environment. This makes Kondhwa a highly desirable place to reside in.
- Several green spaces in Kondhwa such as Dr. Ambedkar Garden, Swami Vivekanand Garden, ISKCON NVCC Public Lawn, Anusaya Sadba Lonkar Garden, etc adds to the green belt of the locality.
- It is a well-maintained locality where cleanliness and hygiene are taken care of.
- The air quality in Kondhwa is between fair to moderate, considering ongoing developments in this locality.
Flat Configuration In Kondhwa
- Kondhwa offers flat configurations of 1 BHK, 2 BHK, and 3 BHK.
- 1 BHK is the most preferred flat configuration by homebuyers in Kondhwa among others.
- Besides flats/ apartments, this locality offers different types of housing properties such as Villas, Builder Floors, Independent Houses, and Plots.
Property Price Growth In Kondhwa
- Kondhwa has witnessed stable price growth driven by IT and Industrial Hubs, along with increasing housing demand.
- Properties in Kondhwa have experienced around 6.3% YOY price growth.
- In the last 3 years, properties in Kondhwa experienced total price appreciation of 13.5% approx.
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Frequently Asked Questions
What are the popular residential areas in Kondhwa?
Some of the top residential areas in Kondhwa include Kondhwa.
What types of properties are available in Kondhwa?
Kondhwa offers Apartment, Commercial Office, catering to various budget segments.
What is the average property price in Kondhwa?
The average property price in Kondhwa ranges from ₹6,600 to ₹6,750 per sq.ft., depending on the location and amenities.
Are there affordable housing options in Kondhwa?
Yes, areas like offer budget-friendly housing options in Kondhwa.
What are nearby locations in Kondhwa within 3KM?
Kondhwa is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Kondhwa
Are there luxurious housing options in Kondhwa?
Areas like NIBM Kondwa Link Road with price range above ₹1.28 Cr are known for luxurious residences in Kondhwa
Are there housing options in Kondhwa ranging from 60L to 1Cr?
Yes, Kondhwa offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 3 properties are:
Are there luxurious housing options in Kondhwa priced above ₹1 crore?
Yes, Kondhwa offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 1 properties are: