Raymond Three Jewels: An Upcoming Address by Raymond Realty on Katraj Kondhwa Road, Pune
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Raymond Three Jewels is an upcoming residential development by Raymond Realty on Katraj Kondhwa Road in Pune, carrying forward a name that traces back to the Raymond Group's founding in 1925. The Group built its reputation over nearly a century in fabric and apparel before Raymond Realty was formed to apply that same discipline to real estate, debuting with a project in Thane in 2019 before expanding into Mumbai's Bandra, Sion and Wadala pockets.
The Pune entry represents a deliberate step for a developer that has so far concentrated its residential footprint around the Mumbai Metropolitan Region. Raymond Realty has publicly signalled its intent to enter the Pune market with an emphasis on the mid-to-premium price band, positioning developments where established social infrastructure meets improving civic connectivity, precisely the profile of the Katraj Kondhwa corridor.
Design language across Raymond Realty's existing developments in Thane and Mumbai has leaned on the Group's textile-era ethos of understated quality over ornamentation, favouring efficient layouts, natural light and ventilation, and a restrained material palette. That same philosophy is expected to inform Raymond Three Jewels as it takes shape in Pune, a city where buyers increasingly weigh construction discipline as heavily as location.
Pune's southern residential belt has drawn sustained developer interest precisely because it combines livability rankings the city has earned nationally with a corridor now receiving direct state investment for road widening. Entering at this point in the corridor's development cycle allows Raymond Three Jewels to benefit from infrastructure upgrades that are already underway rather than merely promised.
Raymond Three Jewels stands as an early marker of Raymond Realty's arrival in Pune, an address built on a name the country has trusted for a century, now taking root on Katraj Kondhwa Road.
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Katraj Kondhwa Road, Pune, Maharashtra · Kondhwa Budruk · Pune
Katraj Kondhwa Road sits in Pune's fast-growing southern belt, a corridor that has steadily transformed from a quiet arterial stretch into one of the city's active residential and retail micro-markets. The road links the Katraj junction on the Mumbai-Pune Bypass with the Kondhwa and Market Yard belt, placing it within reach of established institutions, hospitals and neighbourhood commerce that have grown up around it over the past two decades. A state-funded widening of this stretch, connecting two national highways, is underway to ease what has become a heavily trafficked corridor carrying thousands of vehicles an hour. This ongoing civic investment is reshaping the everyday experience of the address even as new residential developments take shape along it.
For Raymond Three Jewels, this address places the project within a locality that already has functioning social infrastructure rather than one still waiting to be built out. Educational institutions such as Vishwakarma Institute of Technology, Bharati Vidyapeeth's engineering and medical campuses, and NIBM lie within the surrounding belt, alongside hospitals including Bharati Hospital, Noble Hospital and Inamdar Hospital. The road's proximity to both the Katraj and Kondhwa sides of Pune South gives residents a base that is neither peripheral nor overcrowded, with the city's core commercial districts and the Pune-Solapur highway both accessible without a long detour.
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A state-funded first phase of the long-pending Katraj-Kondhwa road widening, targeted for completion around mid-2026, is set to convert this corridor into a 50-metre-wide stretch, easing daily congestion on a road that carries over 15,000 vehicles an hour.
The proposed Pune Ring Road passes through the Ambegaon-Katraj stretch as part of its southern arm, with the western section targeted to open in late 2026 or mid-2027, improving regional bypass connectivity for the Katraj Kondhwa belt.
The Pune Municipal Corporation has sanctioned new metro extension routes including Katraj to Khed Shivapur and Katraj to Undri, aimed at improving public transit access to the city's expanding southern residential pockets.
An NHAI flyover under construction at Rajas Chowk, extending to roughly 260 metres along with supporting service roads, is intended to smooth traffic flow at a key junction along the Katraj-Kondhwa corridor.
Pune Municipal Corporation's 2026-27 draft budget has earmarked substantial funding for arterial road projects, including a dedicated allocation for the Katraj-Kondhwa bypass, signalling continued civic investment in this corridor.
Raymond Three Jewels carries the weight of the Raymond Group's name, a brand that has stood in the Indian market since 1925, giving buyers a degree of institutional recall uncommon among newer entrants to Pune's residential market.
Raymond Realty has expanded from its 2019 debut project in Thane into Mumbai's Bandra, Sion and Wadala pockets, and Raymond Three Jewels represents the brand's step into Pune, building on that expanding delivery base.
Katraj Kondhwa Road is currently the subject of a state-funded widening project connecting two national highways, meaning residents of Raymond Three Jewels stand to benefit from infrastructure upgrades already underway rather than merely proposed.
The surrounding Katraj Kondhwa belt already hosts recognised institutions such as Vishwakarma Institute of Technology, Bharati Vidyapeeth and several multi-specialty hospitals, giving residents access to schooling and healthcare without waiting for the neighbourhood to mature.
With the Pune Ring Road's southern arm routed through the nearby Ambegaon-Katraj stretch and metro extension routes sanctioned toward Katraj, the broader connectivity around this address is set to improve meaningfully over the coming years.
Katraj Kondhwa Road has been an active residential corridor in Pune South for over a decade, and Raymond Three Jewels enters a locality with demonstrated buyer demand rather than an unproven or purely speculative address.
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