Mundhwa is an eastern Pune neighbourhood that is making the right noises in the real estate market in recent times. Mundhwa is surrounded by the localities of Ghorpadi, Manjri and Hadapsar towards the west, east and south respectively while the Mula River borders it on the northern side. Mundhwa is steadily becoming a preferred residential destination and there are several premium projects being built here like Puravankara Silversands. Apart from affordable options for end-users and investors, there are a few luxury-housing choices in Mundhwa as well.
Mundhwa is benefiting from its close proximity to major IT zones in Pune including Magarpatta and Kharadi, which are the biggest IT clusters in the eastern part of the city. The residential market in Mundhwa has also been boosted by high demand from IT professionals and families who wish to live in close proximity to their workplaces. Mundhwa is just 5 kilometres away from the Kharadi and Magarpatta IT hubs and this ensures steady demand as far as residential properties and even rentals are concerned.
Mundhwa is also popular amongst prospective buyers on account of its comparatively affordable prices and rentals in comparison to neighboring areas such as Keshav Nagar. Mundhwa is also witnessing sizeable spillover demand from Keshav Nagar and other areas as a result. There are hassle free PMPML (Pune Mahanagar Parivahan Mahamandal Limited) bus services in the neighbourhood while the Pune Airport is located only 7.6 kilometres away from the locality. Mundhwa offers easy access to the New Airport Road and the Pune Railway Station, which is only 8 kilometres away, can be accessed through the Ghorpadi Road. The Hadapsar railway station is located only 2 kilometres away from Mundhwa. Traveling to the Airport via the New Airport Road will only take up 20 minutes while the Pune-Solapur Highway connects Mundhwa to the rest of the city with aplomb.
Mundhwa offers decent prospects for future appreciation and property rates, although still pretty affordable, have consistently gone up here in recent times. With further civic and social development, the rates may increase even more. In terms of social infrastructure and amenities, Mundhwa is home to several reputed educational institutions like the Orbis School, Rise High School, Lonkar School & High School, Jagriti Public School and the Rajashree Shahu Maharaj Vidyalaya. Shopping malls like the Seasons Mall, Amanora Town Centre, Inorbit Mall and Phoenix Market are located in the vicinity along with leading hospitals such as the Columbia Asia Hospital, Gaikwad Hospital, Himadri Himani Ganga Hospital and Bharti Hospital.
