Jhamtani Elevate: pre-leased co-living in Pune with 7% rental ROI, 9-year lease security, and maintenance-free ownership.
- Premium pre-leased co-living project in Jadhav Nagar, Mundhwa
- RERA registered (P52100078567)
- Price: ₹48 lakhs
- Possession: December 2027
- 9-year lease with 5-year lock-in, 7% average rental ROI
- Fully operator-managed, maintenance-free ownership
Property details
Configuration
- Configuration
- Studio
- Property type
- Residential
- Project category
- residential
Building & layout
- Power backup
- Full
Move-in & status
- Status
- UNDER CONSTRUCTION
- Possession
- December 2027
Floor plans
About this listing
Koregaon Park Annex – premium residential zone.
Surrounded by over 15 million sq. ft. of commercial development.
Minutes from EON IT Park, Kharadi.
Well-connected to Magarpatta, Hadapsar, and Kalyani Nagar.
Excellent social infrastructure including malls, hospitals, and schools.
With Pune’s co-living market gaining immense traction, especially among students, IT professionals, and young entrepreneurs, Jhamtani Elevate stands out as a stress-free, fully managed investment option. This project offers an average Rental ROI of 7%, life-time maintenance-free ownership, and a guaranteed rental income through long-term lease agreements. As a real estate asset, it combines stability with consistent yield, making it ideal for investors seeking predictable returns with minimal effort.
Fully pre-leased asset with long-term tenants.
9-year lease with 5-year lock-in = secure income.
No maintenance costs – operator managed.
Entry-level price for high-end, sustainable yield.
Perfect for NRI and first-time investors.
Location
Jhamtani Elevate is located in Jadhav Nagar, Mundhwa — Pune's rapidly transforming commercial zone. The project is minutes from EON IT Park in Kharadi, adjacent to Koregaon Park Annex (premium residential zone), and well-connected to Magarpatta, Hadapsar, and Kalyani Nagar. The locality is surrounded by over 15 million sq. ft. of commercial development and backed by excellent social infrastructure including malls, hospitals, and schools.
Living in Mundhwa
Mundhwa is a fast-growing eastern Pune suburb on the Mula-Mutha riverbank, wedged between the Kharadi and Magarpatta-Hadapsar IT corridors.
It offers comparatively affordable homes with strong rental demand from IT/ITES professionals, while a metro-linked flyover, riverfront road and other PMC works are underway to fix long-standing traffic and civic gaps.
- Within 4-4.5 km of the Kharadi (EON IT Park) and Magarpatta City/Cybercity IT-ITES hubs, making it a convenient, relatively affordable base for East Pune's tech and BPO workforce (CommonFloor).
- Home prices run cheaper than neighbouring Kharadi, Koregaon Park and Magarpatta for similar access, with values up roughly 25% over five years (99acres).
- Well-stocked social infrastructure: schools (Orbis School, Sarthi Vidya Mandir), hospitals (Columbia Asia, Manipal, Noble) and malls (Amanora, Seasons) all sit within the locality.
- Ramwadi/Kalyani Nagar Metro stations plus PMPML and Rainbow BRTS bus routes give growing mass-transit options, with a metro-linked flyover approved at Mundhwa Chowk.
- Riverside location on the Mula-Mutha, with a PMC promenade/road project linking Bund Garden to Mundhwa underway, adding walkable green riverfront space.
- Strong rental demand from the IT workforce supports healthy yields (~4.3% p.a. per Square Yards).
- Mundhwa Chowk (Mahatma Phule Chowk) and approach roads to Kharadi/Magarpatta see serious peak-hour congestion -- bad enough that PMC approved a Rs 126 crore flyover in 2026 (Times of India, via Square Yards).
- Resident reviews on 99acres cite occasional water-supply shortages in parts of the locality.
- Road encroachment and inadequate/haphazard parking are recurring complaints in 99acres resident reviews.
Mundhwa lies on the Pune-Ahmednagar road corridor between Kharadi and Magarpatta-Hadapsar, served by Ghorpadi and Magarpatta roads plus PMPML and Rainbow BRTS buses. Ramwadi and Kalyani Nagar are the nearest Pune Metro stations (Vanaz-Ramwadi corridor).
A Rs 126-crore double-decker flyover integrated with a future metro line is approved at Mundhwa Chowk to ease Kharadi-Mundhwa traffic. Pune Junction and the airport are both roughly 8 km by road (CommonFloor, 99acres).
Mundhwa has a mature K-12 base: Orbis School, Sarthi Vidya Mandir/English Medium School, Zilla Parishad Primary School, Lonkar High School and pre-school chains (Kidzee, EuroKids, KLAY) all sit within the locality (99acres, Square Yards, CommonFloor).
CommonFloor also lists nearby colleges -- Pune Zilha Shikshan Mandal's Law College, K J Somaiya College and Shanti College of Commerce -- with Pune's wider university belt a short drive away via Koregaon Park and Viman Nagar.
Mundhwa's own industrial area anchors local manufacturing/engineering jobs, while the locality abuts three major East Pune employment hubs -- Kharadi's EON IT Park and Commerce Zone IT Park, Magarpatta City/Cybercity, and Hadapsar Industrial Estate -- all within about 4-5 km (99acres, CommonFloor).
This mix of IT/ITES and industrial employment drives steady housing and rental demand from working professionals.
Mundhwa itself is residential-industrial rather than a tourist draw, but it borders Koregaon Park and sits only a few kilometres from the Aga Khan Palace -- a 19-acre, 1892-built national monument where Mahatma and Kasturba Gandhi were interned in 1942-44 (Wikipedia) -- and the Osho International Meditation Resort.
PMC's riverfront promenade works along the Mula-Mutha add walkable recreational space nearby.
Amanora Mall, on Mundhwa-Kharadi Road, sits within the locality with a multiplex, bowling alley, kids' zone and dining options; Seasons Mall (Hadapsar) and Central Mall are a short drive away (CommonFloor, 99acres, Square Yards).
Amanora Park Town's retail strip and Magarpatta/Cybercity's food and leisure options add further dining and weekend choices nearby.
PMC has approved a Rs 126-crore double-decker flyover at Mundhwa Chowk, designed to carry a future metro line above road traffic (Times of India, via Square Yards). A 30-metre riverfront road and promenade from Bund Garden to Mundhwa is under construction along the Mula-Mutha under a PPP, part of a broader river-rejuvenation push (PMRDA's parallel pollution-abatement project for the river is costed at about Rs 977 crore).
Resident reviews flag intermittent water-supply gaps.
Project & building
Questions about this listing
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Gwjc+3Jv, Jadhav Nagar, Mundhwa, Pune, Maharashtra 411036
About Jhamtani Developers
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Frequently asked questions
What is Jhamtani Elevate and who is the developer?
Jhamtani Elevate is a premium pre-leased co-living project in Jadhav Nagar, Mundhwa, Pune, developed by Jhamtani Group.
Is Jhamtani Elevate RERA registered?
Yes, the project is RERA registered with registration number P52100078567.
When is the possession date for Jhamtani Elevate?
Possession is scheduled for December 2027.
What is the rental income guarantee at Jhamtani Elevate?
The project offers a 9-year lease agreement with a 5-year lock-in period, ensuring secure rental income with an average rental ROI of 7%.
What amenities are available at Jhamtani Elevate?
Amenities include gymnasium, visitor parking, 24/7 security, swimming pool, cafeteria, club house, theatre, power backup, lift lobby, parking, Wi-Fi connectivity, maintenance staff, and door-step delivery.
Is maintenance included in the Jhamtani Elevate investment?
Yes — the project offers lifetime maintenance-free ownership with the operator managing all upkeep.