Runwal Realty brings Phase III of The Central Park to Chinchwad, Pune

Runwal Realty, the residential brand of Runwal Developers Limited, has introduced the third phase of Runwal The Central Park in Chinchwad, Pimpri-Chinchwad. The phase was launched in November 2025 and is registered with MahaRERA under number P52100032101. It consists of a single 40-storey tower, and the developer is now taking expressions of interest, which it describes as refundable, with early-buyer benefits attached.

Phase III is part of a 26-acre integrated township that Runwal is developing in stages. The phase accounts for 152 sanctioned units on a plot of about 0.19 acres, adding a vertical component to a larger community planned with 12 towers, more than 1,300 homes and over 5 acres of open space. For buyers, the launch is a chance to enter an established township at an early stage of construction.

Homes, prices and key specifications

The township offers 2 BHK, 3 BHK, 3.5 BHK and 4 BHK residences with expansive decks and Vastu-compliant layouts. Across the project, the published sizes are as follows.

• 2 BHK: 671 to 747 sq ft
• 3 BHK: 978 to 1,199 sq ft
• 4 BHK: 1,935 sq ft

The developer lists starting prices of 1.28 crore for 2 BHK, 2.03 crore for 3 BHK, 2.40 crore for 3.5 BHK and 3.28 crore for 4 BHK. The current asking rate for the project is Rs 15,250 per sq ft. Quoted prices generally exclude floor-rise charges, preferential location charges for park or podium-facing units, parking, GST, stamp duty and registration.

Interiors include a granite countertop on a platform with a stainless steel sink, provision for a chimney and a water purifier, and branded sanitary fittings. Electrical work uses branded modular concealed copper wiring, with provision for air conditioning in the living room and all bedrooms. Each home has a video door phone.

The clubhouse spans about 40,000 sq ft and includes an indoor pool, banquet hall and wellness zone. The township also has a central recreational podium, a jogging track, a cycling track, tennis and badminton courts, a yoga deck, a meditation hall, an amphitheatre and a children's play area with a toddlers pool. Services include 24-hour water supply, 24-hour power backup for common areas, CCTV surveillance, a gated entrance with a security cabin, fire-fighting systems, rainwater harvesting, a sewage treatment plant, solar water heating and electric vehicle charging points.

Possession is targeted for June 2027. For more details on this phase, see the Runwal The Central Park Phase III project page.

Location and connectivity

The site lies close to the Old Mumbai-Pune Highway (NH-48), about two minutes away by road. The Pimpri-Chinchwad Municipal Corporation metro station is roughly three minutes away. It is the northern terminal of the elevated Purple Line of the Pune Metro, which has been fully operational from PCMC to Swargate since 29 September 2024. Chinchwad railway station is about five minutes away on the Pune suburban network, and Pune International Airport is around 30 minutes away. The airport's new terminal opened on 14 July 2024.

Daily needs are close at hand. City One Mall, Premier Plaza Mall, Aishwaryam One, Gems Crystal Mall and a Star Bazaar and DMart store serve the surrounding area. The Pune International Dental Hospital is about 90 metres away, and Lokmanya Hospital and Sterling Multispecialty Hospital are in nearby Nigdi.

Several infrastructure projects are shaping the corridor. The PCMC to Nigdi metro extension, a 4.4-km corridor with stations at Chinchwad, Akurdi, Nigdi and Bhakti Shakti Chowk, has about 75 percent of its viaduct complete. The Pune Ring Road is in its nine-stage construction, with around 45 percent of the work done and a March 2028 completion target. The proposed Purandar International Airport is at the land acquisition stage, with construction expected to begin in December 2026. Chinchwad's average locality price is about Rs 15.2K per sq ft, and estimated rents for project-level units range from Rs 35.6K to Rs 46.5K per month.

About the developer

Runwal Group was founded in 1978 by Subhash Runwal, who serves as Chairman. Sandeep Runwal leads the Runwal Realty brand, and Subodh Runwal is also a director. The group has completed 35 projects, delivering about 11.22 million sq ft, and has served more than 20,000 families. Its work is concentrated in Mumbai, the Mumbai Metropolitan Region and Pune.

In Pune, the group's projects include Runwal Swaranjali in Baner, Runwal Sankalp in Kothrud and Runwal Park in Gultekdi, which is ready to move in. In Mumbai, the group operates R City Mall, which opened in 2009 as a 50:50 joint venture. In May 2023, Runwal Realty acquired GIC's 50 percent stake in the mall for Rs 1,000 crore.

What comes next

Phase III is at an early stage of construction, and buyers can now register interest through the developer. The next milestones are the progress of tower construction toward the June 2027 possession target, and the progress of the metro extension, the Pune Ring Road and the Purandar airport plan, which will affect access to the Chinchwad area in the coming years.