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Locality Review of Mundhwa, Pune from Real Estate Perspective
Locality Review of Mundhwa, Pune from Real Estate Perspective
Mundhwa, situated in the eastern part of Pune, is a vibrant and well-connected locality with a lot to offer for anyone looking to invest in flats in Pune

Located in the eastern part of Pune, Mundhwa has a lot to offer If you are on the lookout for vibrant and well-connected properties in Pune. The area is surrounded by the Mula-Mutha River and has merged as one of the blooming micro-markets for homes in Pune.

The region's strong connectivity to prominent localities like the IT hub in Kharadi and Hadapsar has pushed the region's demand among IT professionals significantly.

The location is a hit among homebuyers looking for 2 BHK homes in Pune also because of the close proximity of Mundhwa with prominent areas like Magarpatta, Hadapsar, Viman Nagar, Keshav Nagar, Koregaon Park, Wadgaon Sheri, Manjri and many more. This has resulted in a plethora of residential projects in the area being developed by ace developers such as Adani Realty, Sukhwani Associates Promoters and Builders, Horizon Developers, A&A Group, Suvan Developers, and several others.

Mundhwa Properties offer a perfect blend of modern amenities and a serene environment, making it an attractive choice for both families and young professionals. In this locality snapshot, we will delve into the key aspects that make Mundhwa an excellent place to call home.

Map of Mundhwa, Pune

Also Read : A Locality Review of Pune's Best-Kept Secret - Manjri

To get a better idea of Mundhwa's positioning, refer to the locality map. It will help you identify the surrounding areas and the major landmarks nearby.


Locality Snapshot:

  • Area Size: 11.04 sq km
  • Pin code of Mundhwa: 411036
  • Population:10,5961
  • Police Station: Mundhwa Police Station, Ghorpadi Road (800 m)
  • Nearest Airport: Pune Airport (PNQ)
  • Nearest Railway Station: Hadapsar Railway Station


Nearby Localities:

  • Mundhwa shares proximity with some of the most sought-after neighborhoods in Pune, making it even more desirable. Residents can easily explore nearby areas for leisure and everyday needs.
  • Some of the key localilities near Mundhwa are :
  • Magarpatta City - 2.8 Km via Mundhwa Road
  • Hadapsar- 3.3 Km via Mundhwa Road
  • Viman Nagar - 5.9 Km via Old Mundhwa Road
  • Keshav Nagar - 1.6 km via Manjari road
  • Koregaon Park - 5 km via Ghorpadi road
  • Wadgaon Sheri - 3.1 km via Old Mundhwa Road


Demographics:

Mundhwa is a diverse locality that welcomes people from various backgrounds and age groups. The total population of Mundhwa is 10,5961 out of which 55379 comprise of males and 50582 are females. Due to a lot of employment opportunities in Mundhwa and its nearby localities, a mix of culture and language can be seen. The official language of Mundhwa is Marathi, however other languages are also spoken with English and Hindi being the second most spoken ones.


Connectivity:

One of the significant advantages of residing in Mundhwa is its excellent connectivity. The locality is well-served by various transportation options, including roads, railways, buses, and the metro. This ensures that commuting to work or exploring the city is a hassle-free experience.


Road Connectivity :

Mundhwa in Pune, enjoys excellent connectivity through its key arterial roads, making it a well-connected and accessible neighborhood. Two vital roads, N Main Road and Ghorpadi Road act as one of the key roads in the region.

Another major advantage of this locality is its proximity to Magarpatta Road, which is a crucial link between the Solapur-Pune Highway in the south and Pune-Ahmednagar Highway in the north. In this way, Pune's southern and northern regions are easily accessible.


PMPML Bus Connectivity:

There are direct buses to Pune from Mundhwa which goes via the Mundhwa- Kharadi road


Railway Connectivity

For those who need frequent access to railway station, the distance to Hadapsar Railway Station is a boon. Situated just 2 kilometers away from Mundhwa and is easily accessible via Ghorpadi Road.


Airport Connectivity

Pune International Airport is conveniently located within a 9-kilometer radius from Mundhwa. Accessible through the well-connected Beed - Ahmednagar - Pune Road.

Mundhwa's strategic location and connectivity to major roads, railway station, and the airport make it a sought-after locality for both residents and commuters.


Social Infrastructure:

Mundhwa boasts an array of amenities that cater to the needs of its residents. Here's a glimpse of what you can find:


Schools:

There are numerous reputable schools in and around Mundhwa, ensuring that children receive quality education without having to travel far. Some of the top schools in this locality are The Orbis School, St Oscar Convent High School, Amanora School, Army Public School, Oxford World School and many more.


Colleges:

For higher education, several well-known colleges are within easy reach, offering a wide range of courses. Some of the top colleges in this area are MCH - Magarpatta College of Hospitality, PDEA's Annasaheb Magar Mahavidyalaya, K. J. Somaiya College, Sai Balaji International Institue Of Management Studies and many more


Shopping Malls

Mundhwa includes many shopping, malls, and entertainment zones, ensuring that residents have access to retail outlets, restaurants, and entertainment venues for leisure and convenience. Top malls in Mundhwa are Amanora Mall, Seasons Mall, Phoenix Market City, Vascon Mariplex Mall and many more.


Popular Restaurants

Food enthusiasts will be delighted to find a variety of dining options, from local eateries serving regional delicacies to upscale restaurants offering international cuisines. Carnival Restaurant And Bar, Wah Marathi, TGI Fridays, The House of Medici, Mcdonalds are some of the top restaurants in Mundhwa.


Banks and ATMs

The presence of numerous banks and ATMs in the vicinity ensures easy access to banking services, adding to the convenience of residents' daily lives. Yes Bank, ICICI Bank, Union Bank are some fo the leading Banks present in Mundhwa.


Price Trend of Flats in Mundhwa:

The real estate market in Mundhwa has witnessed significant growth over the years. The demand for residential properties is on the rise, leading to a steady appreciation in property prices. Some of the most prominent sub-localities in Koregaon Park, Kirtane Baug, Keshav Nagar and in these region 1BHK and 2 BHK flats in Mundhwa Pune have seen strong price movements. The most searched projects in the region are Sukhwani Heroma Casa, Breeza, Atelier Greens, Horizon HighGroves and many more.

The Average price per carpet area of Mundhwa is Rs 10,800 sq ft. So far in 2023, the average price per sq ft has seen a 11.9% rise so far, while in 2022 it rose by 5.5%.

Presently there are more than 22 listed properties, out of which 16 properties are of 2 BHK configurations, 14 are of 3 BHK and 5 are 4 BHK flats in Mundhwa, Pune.

The Average Price of 2 BHK Flats in Mundhwa is Rs 95.51 Lakhs, while the average price of 3 BHK flats in Mundhwa Pune is Rs 1.50 Crores and that of 4 BHK is Rs 2.60 Crores.

The average monthly rental range in Mundhwa is ₹16700-34750, proving to be a good investment choice.


Upcoming Developments of Mundhwa:

The future of Mundhwa appears promising, as the locality continues to attract developers and investors. The locality is going to see further growth post the developmental plans are implemented. Some of the upcoming developments in Mundhwa are

  • In order to ease congestion on Mundhwa Bridge, Bund Garden will receive a new bridge
  • The proposed extension of the Vanaz-Ramwadi Pune metro line to Kharadi IT park will benefit Mundhwa citizens
  • Proposed Sewage Treatment Plant will help curb the water pollution in the nearby Mula and Mutha rivers. The Bridge on the Mula-Mutha river will also be widened between Mundhwa to Kharadi to ease traffic congestion.
  • A planned garbage depot in the Keshav Nagar-Mundhwa area to benefit the residents
  • The construction of an elevated road from Kalyani Nagar to Mundhwa is set to begin also on the cards

Post these developments Mundhwa is expected to evolve into a more sought-after residential destination.


Employment Hubs Nearby Mundhwa

Mundhwa's advantageous location ensures that residents have access to various employment hubs within a reasonable commute. Several business districts and IT parks are located nearby, offering ample job opportunities.


Some of the key employment hubs near Mundhwa are:

  • Magarpatta City (2.8km): Magarpatta City is a renowned IT and business park that houses numerous multinational corporations and IT companies. It offers a wide array of job opportunities in the IT, software development, and related sectors.
  • Kharadi IT Park (5.8 Km): Kharadi, a neighboring locality to Mundhwa, is a major IT hub in Pune. This IT park accommodates a plethora of IT companies, ranging from startups to established global players. Professionals from various IT-related domains find ample job prospects in Kharadi.
  • EON IT Park (4.1 km): Another significant employment hub located near Mundhwa is the EON IT Park in Kharadi. This sprawling complex is home to numerous multinational IT and tech companies, making it a preferred destination for IT professionals.
  • Hadapsar Industrial Estate (5.5km): Hadapsar, situated in the vicinity of Mundhwa, houses a bustling industrial estate. It hosts various manufacturing and industrial units, offering employment opportunities in the manufacturing and production sectors.
  • SP Infocity (7.6km): Located on the Pune-Solapur Highway, SP Infocity is a well-known IT and software park. It accommodates a mix of IT and tech companies, providing a diverse range of job openings.
  • Phursungi IT Park (10km): Phursungi, which is relatively close to Mundhwa, has emerged as an upcoming IT park with several IT and software companies setting up their offices here. This hub is witnessing continuous growth, creating more job prospects in the area.

Top 3 Popular Projects in Mundhwa:

Sukhwani Hermosa: Developed by Sukhwani Associates, Sukhwani Hermosa is one of the sought-after residential projects in the region. These 2 BHK flats in Pune serve as the perfect gateway to escape after a hard day at work. The project offers its residents top class amenities such as Practice Badminton Court, Yoga Deck, Meditation Area, Kids Play Area, Cricket Pitch, Football Practice Area, Outdoor Gym, Swimming Pool, Pool Deck, Creche among others.

  • Location- Kirtane Baug, Mundhwa
  • Possession Date- December 2027
  • Project Size- 4.75 Acres, 683 Units
  • Developer- Sukhwani Hermosa
  • Configurations- 2 BHK
  • Price- Starting From INR 83.5 Lakhs

Atelier Greens:Atelier Greens is another project which is in top demand in Mundhwa. The project is located in Koregaon Park Annexe and is perfect for individuals working in the Koregaon IT park and nearby areas. The project offers over 20 plus amenities to its residents some of which are Fully Equipped Gymnasium, 20 Seater Theatre Room, Banquet Hall, Yoga Area, 2 Club Houses, Kids' Play Area, Reflexology Path, Multipurpose Hall, Open Amphitheatre, Steam / Sauna Room. So if you are looking for a 2 BHK or 3 BHK flats in Mundhwa, Atelier Greens is a very good option.

  • Location- Koregaon Park Annexe
  • Possession Date- September 2024
  • Project Size- 2.98 Acres, 299 Units
  • Developer- Adani Realty
  • Configurations- 2&3 BHK
  • Price- Starting From INR 1.57 CR

Horizon Highgrove: Another stellar project in Koregaon Annexe Park, Mundhwa, Horizon Highgrove offers 2 BHK, 3 BHK and 4 BHK flats of various sizes. The project is very conveniently located on a 30 meter wide road which is an extension of North Main road. Some of the World class amenities residents of Horizon Highgrove can enjoy are Multipurpose Hall, Wi-Fi Provision,Indoor Games, Air-conditioned Gymnasium, Landscaped Terrace Garden, Walkway, Yoga Deck, Meditation Deck, Senior citizen Seating, Gazebo and many more.

  • Location- Koregaon Park Annexe
  • Possession Date- August 2025
  • Project Size- 0.98 Acres, 45 Units
  • Developer- Horizon Developers
  • Configurations- 2,3 and 4 BHK
  • Price- Starting From INR 1.10 CR

For those interested in investing in the real estate sector, Mundhwa offers a plethora of choices.

If you are interested in more information on the above projects in Mundhwa Pune, please call us at 022 6849 3649 or visit us at dwello.in.

In conclusion, Mundhwa in Pune is a thriving locality with excellent connectivity, robust social infrastructure, and a promising future. Whether you are looking for a place to settle down with your family or a strategic investment opportunity, Mundhwa ticks all the right boxes. With its seamless blend of modernity and serenity, this neighborhood is undoubtedly one of the most attractive destinations in Pune's real estate landscape.


Frequently Asked Questions (FAQs):


Where is Mundhwa in Pune?

Mundhwa is a well-established locality situated in Pune, known for its excellent connectivity and modern amenities.


What is the distance between Mundhwa to Pune ?

The distance from Mundhwa to other prominent areas in Pune varies, but its central location ensures that major parts of the city are easily accessible.


How to go to Mundhwa from Pune?

Mundhwa can be easily reached by road or public transportation from various parts of Pune.


Does Mundhwa come under PMC?

Yes, Mundhwa falls under the jurisdiction of the Pune Municipal Corporation (PMC).

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