Avg. Rate
₹ 10,548.25/sq. ft
Locality Rating
4.4/10
Parandwadi is a serene suburban locality located on the outskirts of Pune, within the Pimpri Chinchwad region of Maharashtra. Nestled amidst agricultural fields, rolling hills, and lush greenery, it offers a tranquil escape from the urban chaos of central Pune. The area retains its rural character with traditional dwellings and open landscapes, making it ideal for those seeking a peaceful, nature-centric lifestyle. Despite its remote feel, Parandwadi is gradually evolving as a residential destination due to its proximity to industrial hubs and affordable land prices. The real estate landscape in Parandwadi is still in its early stages, with only a single residential project currently developed, reflecting the area’s transitional phase from rural to semi-urban. Properties here are primarily independent homes and plots, catering to buyers looking for spacious living at lower costs compared to central Pune. While modern amenities are limited, the availability of large plots ensures privacy and room for customization. The area is attracting interest from investors and end-users seeking value-for-money options on the city’s periphery. Connectivity to key employment and commercial centers like Hinjewadi IT Park and Pimpri Chinchwad is facilitated via the Pune-Nagar Road and the Mumbai-Pune Expressway. However, public transportation remains sparse, and residents often depend on personal vehicles. Basic infrastructure such as schools and healthcare facilities are located in nearby localities like Chinchwad and Akurdi. As Pune continues to expand outward, Parandwadi is poised for gradual development, though it still maintains its rustic charm and environmental appeal.
Region
Pimpri Chinchwad
City
Pune
District
Pune
State
Maharashtra
Pincode
410506
Population
The population of Parandwadi is estimated to be under 5,000, primarily consisting of rural households and a growing number of residential settlers, based on 2021 census extrapolations for small settlements in PCMC jurisdiction.
Nearest Airport
Pune Airport (PNQ)
The cost of living in Parandwadi may be relatively lower, making it an affordable option for individuals and families looking to own property or rent homes in a peaceful rural setting.
Parandwadi is connected to nearby towns and cities through road networks.
Parandwadi provides residents with ample space and privacy, with larger plots of land and fewer neighbors compared to densely populated urban areas.
Transportation Challenges.
Timeline
Average Rate
₹ 10,548.25/sq. ft
Average Price Range
₹ 3,050 – ₹ 12,900
Trend (5Y)
▲ 65%
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