In a remarkable journey of success, the trio comprising Ashish Jain, Dhanesh Mehta, and Rakshit Oswal have propelled their real estate venture, Kundan Spaces, to a formidable position, boasting an impressive turnover of Rs 100 crore. As visionary founders, they have not only left an indelible mark on Pune’s skyline but have also set a high standard for entrepreneurial achievement.
Founded in 1983, Kundan Spaces has become synonymous with reliability, commitment, and trust in the real estate sector. Nestled on the Old Mumbai-Pune Highway in Khadki, the company’s headquarters oversee an extensive real estate presence that spans Pune. The mission is clear – to craft architectural marvels that ensure value appreciation, thereby transforming Pune into an architectural haven.
The journey of Kundan Spaces is characterized by an unwavering commitment to excellence, emphasizing prime locations, innovative design, and superior customer service. The diverse portfolio encompasses residential, commercial, and redevelopment projects. Ongoing residential ventures like Presidia, Eternia 2.0, Praangan, and Espacio bear testament to Kundan Spaces’ dedication to shaping Pune’s urban landscape.

Commenting on Pune’s real estate growth, Dhanesh Mehta stated, “Pune has harnessed the favorable winds in the real estate sector, experiencing a 40% spike in sales compared to the pre-COVID era. This demonstrates the city’s resilience and potential as a vibrant real estate destination.”
With over 4 million square feet successfully delivered, 8 ongoing projects, and a satisfied clientele exceeding 6000, Kundan Spaces has received recognition through winning 15+ awards. The company’s commitment extends beyond business, actively participating in corporate social responsibility (CSR) initiatives – like sponsoring the CME Soliderathon Marathon.
Acknowledging the growing interest of Non-Residential Indians (NRIs) in Pune’s real estate market, Kundan Spaces has established a specialized segment known as “NRI Edge.” This branch caters to the unique needs of NRI investors, providing tailored services for a seamless investment experience.
Kundan Spaces has also launched Manasara Realty, an exclusive wing dedicated to redevelopment projects. The company believes in a mutually beneficial approach to redevelopment, considering factors such as experience, reputation, ongoing and completed construction quality, amenities, and value additions.
As Pune undergoes continual transformation, Kundan Spaces remains at the forefront, shaping the future of urban living in the city. The inspiring success story of these entrepreneurs serves as a testament to the notion that with vision, dedication, and a commitment to excellence, one can transform a passion for real estate into a thriving business empire.