Best Localities in pune 2024

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Often dubbed as the ‘Oxford of the East’, Pune is a rapidly developing city richly endowed with culture as well as education. From the architectural masterpiece that is the Aga Khan Palace to the beautiful Osho Ashram, the city beautifully fuses culture and modernity. Pune has started contributing towards the IT and manufacturing sectors which attracts both the investors as well the residents. Check out the best places to live in Pune, stand-out features, top things to do in the city and more here.

Top Localities in Pune

Pune is dotted with neighbourhoods, each offering distinct characteristics and amenities. Understanding property values and rental trends is essential whether you're looking to rent or invest. Here is a detailed list of the best localities in Pune, along with average rents and property rates.

Locality Name

Rent Range (per month)

Property Rates (per sq. ft.)

Hinjewadi

₹20,000 - ₹60,000

₹4,500 - ₹8,500

Kothrud

₹25,000 - ₹70,000

₹6,000 - ₹10,000

Baner

₹20,000 - ₹50,000

₹5,500 - ₹9,500

Wakad

₹15,000 - ₹40,000

₹3,500 - ₹6,500

Viman Nagar

₹18,000 - ₹45,000

₹4,500 - ₹8,000

Aundh

₹25,000 - ₹65,000

₹6,500 - ₹11,000

Koregaon Park

₹30,000 - ₹80,000

₹7,000 - ₹12,500

Pimpri-Chinchwad

₹15,000 - ₹35,000

₹3,000 - ₹5,500

Magarpatta City

₹22,000 - ₹55,000

₹5,000 - ₹9,000

Hadapsar

₹15,000 - ₹40,000

₹3,500 - ₹6,000

Factors to Consider When Choosing a Locality to Live in Pune

Choosing the best residential areas in Pune is determined by a number of factors that make living there successful. Factors such as connectivity, infrastructure, safety, and amenities are crucial to determine its livability. Let us take closer look what to pay attention to and those factors include:

Rent Range:

Pune has so many places that one can choose to live through every income criteria. For instance, those who wish to live ‘royally’ have high apartments meriting living standards in Koregaon Park and Kothrud areas. On the other hand, for affordable housing, you can check out properties in Pimpri-Chinchwad and Wakad areas.

Proximity to Workplace and Educational Institutions:

Access to workplaces and educational institutions is a crucial aspect for professionals, families and students. For instance, living in major IT hubs such as Hinjewadi where many tech companies are situated, is a good choice for tech professionals. Families with kids can explore Baner for prestigious schools and colleges.

Connectivity and Transportation

When looking for the best residential areas in Pune, the availability of quality public transport in the locality is key. Look out for the availability of buses, metro systems, highways and other means of transport. Areas such as Viman Nagar and Aundh are known for their excellent connectivity, making commuting easier for residents. A well-connected neighbourhood enhances overall convenience, especially for those working in IT or business sectors.

Availability of Basic Amenities:

Another important factor to consider while determining good residential areas in Pune is the availability of basic amenities. This may include social infrastructure such as hospitals, malls, local markets, etc. Areas like Magarpatta City and Wakad are widely popular for its many facilities including shopping malls, gardens and hospitals where almost all the needs of the residents are within reach.

Safety and Security:

You should also assess the safety and security arrangements while finding good places to live in Pune. Kothrud and Koregaon Park are the most sought-after suburbs with gated communities and low crime levels, quiet as most families would want. Check the neighbourhood and local incidents of crime and measures taken by the community to avert more crime, to gain a better appreciation of the security of a place you are contemplating for a neighbourhood.

Factors to Consider When Choosing a Locality to Invest in Pune

In recent years, Pune has emerged as one of the most popular real estate investment hubs in India. There is a great scope for residential projects with rapid infrastructural developments. In the last 5 years, many skyscrapers have found their place in the city. Based on the historical and current market trends, here are some key factors to consider when looking for best places to invest in Pune.

Real Estate Market Analysis and Growth Trends:

It is important to understand the different administrative units – city sectors, zones, and wards. Then move to analyse property appreciation, rental yields and other return on investment potential. Look for areas where the government is planning or executing infrastructure improvements, business centres, and industrial parks. Hinjewadi and Baner are growing and have shown great promise as they are closer to IT parks and even business parks.

Current or Future Planned Developments of Markets:

Next, look for infrastructural developments, metro extensions or improvements in mass transport provisions, as these will be beneficial for property market values. Investing in such areas will provide better results. Areas like Wakad and Magarpatta City could be valuable considerations.

Land Use and Environmental Planning Approval:

Of course, before investing in a property, familiarise yourself with the bylaws and real estate laws of the locality of interest. Do not violate zoning regulations as this puts you in danger of litigation and other adverse exposure. Before pinning a best area to invest in Pune check for restrictions in terms of building and land usage; if there are any.

Provisions in the Neighbourhood:

When looking for properties to invest in, check the surrounding communities and factor in social infrastructure and amenities such as schools, clinics, shopping malls and other entertainment centres. Areas like Koregaon Park and Kothrud are well-equipped with these amenities, contributing to a higher quality of life and increased property demand.

Affordability and Budget:

Factor in budget while looking for the best area to invest in property in Pune. Review the construction budget, cost of living, and tax obligations in the locality you wish to invest in. Areas like Pimpri-Chinchwad And Hadapsar provide relatively affordable investment options while offering great facilities.

Rental Demand:

Presence of many IT firms in Pune as well as educational institutions has increased the investors’ interest especially in areas close to IT parks. The areas of Hinjewadi and Viman nagar are in a great demand for renting thus are great areas for investment opportunities for people interested in rental returns. The rise of migrants for work purposes and studies helps boost the rental market. 

Pune’s real estate scene is ever evolving with many areas suitable for the various types of lifestyles and expectations for return on investments. Hinjewadi remains the best area for technology lovers, and Koregaon Park is a developed area preferred for high-class living. For the cheapest area to live in Pune, people turn to Pimpri-Chinchwad or Wakad. As development and growth continue to take place investing in Pune at the right time will assure a comfortable living experience.

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H Type quarters

Area: 19.33

Situated in: East Pune

Pincode: 411014

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

H Type quarters

Area: 19.33

Situated in: East Pune

Pincode: 411014

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Local temples
Pune IT Park
Green spaces
Residential communities
Parks
Local temples
Pune IT Park
Green spaces
Residential communities
Parks

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Atma Nagar

Area: 0.17

Situated in: West Pune

Pincode: 411057

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Atma Nagar

Area: 0.17

Situated in: West Pune

Pincode: 411057

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Atma Park
Vitthal Mandir
Vidya Valley School
Blue Ridge Park
Sai Society
Atma Park
Vitthal Mandir
Vidya Valley School
Blue Ridge Park
Sai Society

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Gandhi Nagar, Kharalwadi, Pimpri Colony

Area: 5

Situated in: North

Pincode: 411018

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Gandhi Nagar, Kharalwadi, Pimpri Colony

Area: 5

Situated in: North

Pincode: 411018

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Pimpri-Chinchwad College of Engineering
Gandhi Udyan
Nehru Memorial Hall
Hutatma Rajguru School
Pimpri Central Mall
Pimpri-Chinchwad College of Engineering
Gandhi Udyan
Nehru Memorial Hall
Hutatma Rajguru School
Pimpri Central Mall

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Nimbalkar Nagar, Thergaon

Area: 1.64

Situated in: North Pune

Pincode: 411033

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Nimbalkar Nagar, Thergaon

Area: 1.64

Situated in: North Pune

Pincode: 411033

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Nimbalkar Mandir
Local Parks
Community Centers
Schools
Markets
Nimbalkar Mandir
Local Parks
Community Centers
Schools
Markets

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Aloknagari, Kasba Peth

Area: 2.94

Situated in: Central Pune

Pincode: 411011

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Aloknagari, Kasba Peth

Area: 2.94

Situated in: Central Pune

Pincode: 411011

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Kasba Peth Market
Khanderao Market
Sangli Bank
Ganesh Mandir
Swargate Bus Depot
Kasba Peth Market
Khanderao Market
Sangli Bank
Ganesh Mandir
Swargate Bus Depot

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Bankar Colony

Area: 0.82

Situated in: North Pune

Pincode: 411015

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Bankar Colony

Area: 0.82

Situated in: North Pune

Pincode: 411015

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Bankar Park
Durga Mandir
Maruti School
Aryan Society
Suvarna Park
Bankar Park
Durga Mandir
Maruti School
Aryan Society
Suvarna Park

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Gurudatta Nagar, Fursungi

Area: 3.11

Situated in: East Pune

Pincode: 411025

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Gurudatta Nagar, Fursungi

Area: 3.11

Situated in: East Pune

Pincode: 411025

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Gurudatta Mandir
Fursungi Lake
Balaji Mandir
Ghorpadi Village
Fursungi College
Gurudatta Mandir
Fursungi Lake
Balaji Mandir
Ghorpadi Village
Fursungi College

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Tukai Nagar, Kale Padal, Hadapsar

Area: 0.66

Situated in: South-East Pune

Pincode: 411028

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Tukai Nagar, Kale Padal, Hadapsar

Area: 0.66

Situated in: South-East Pune

Pincode: 411028

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Tukai Nagar School
Shree Ram Mandir
Hanuman Mandir
Gajanan Mandir
Kale Padal Park
Tukai Nagar School
Shree Ram Mandir
Hanuman Mandir
Gajanan Mandir
Kale Padal Park

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Limayewadi, Sadashiv Peth

Area: 0.09

Situated in: North Pune

Pincode: 411030

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Limayewadi, Sadashiv Peth

Area: 0.09

Situated in: North Pune

Pincode: 411030

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Limayewadi Park
Nearby Grocery Stores
Ganesh Mandir
Local School
Community Center
Limayewadi Park
Nearby Grocery Stores
Ganesh Mandir
Local School
Community Center

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Posh Locality Commute Friendly Lush Environment Posh Locality
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Jagtap Dairy Chowk

Area: 1.2

Situated in: North-West

Pincode: 411018

Posh Locality Commute Friendly Lush Environment Posh Locality

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Rent:₹ 11,980 Per sq.ft

678 Flats for sale

Jagtap Dairy Chowk

Area: 1.2

Situated in: North-West

Pincode: 411018

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

Buy:₹ 11,980 Per sq.ft

378 Flats for sale

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Phoenix Market City
Aundh IT Park
Rajiv Gandhi Zoo
Balaji Mandir
Katraj Dairy
Phoenix Market City
Aundh IT Park
Rajiv Gandhi Zoo
Balaji Mandir
Katraj Dairy

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Posh Locality Commute Friendly Lush Environment Posh Locality

Properties For Rent in pune

2 BHK Independent House

Wakad

₹ 25000

2 BHK Independent House

Kharadi

₹ 24000

3 BHK Independent House

Baner

₹ 55000

1 BHK Independent House

Viman Nagar

₹ 18000

1 BHK Independent House

Kharadi

₹ 15000

2 BHK Independent House

Kharadi

₹ 22000

1 BHK Independent House

Viman Nagar

₹ 18000

2 BHK Independent House

Hinjawadi

₹ 16000

1 BHK Independent House

Hinjawadi

₹ 15000

3 BHK Independent House

Wakad Road

₹ 42000

1 BHK Independent House

Wakad

₹ 15000

Properties For Sale in pune

4+ BHK Independent House

Hadapsar

₹ 17500000

4+ BHK Independent House

Chinchwad

₹ 42500000

4+ BHK Independent House

Darumbre

₹ 15000000

4+ BHK Independent House

Fursungi

₹ 7000000

3 BHK Independent House

Handewadi Road-Hadapsar

₹ 5200000

3 BHK Independent House

Nagar Road

₹ 12500000

3 BHK Independent House

Hinjewadi Phase 2 Road

₹ 20000000

4+ BHK Independent House

Handewadi Road-Hadapsar

₹ 7199999

4+ BHK Independent House

Hinjawadi

₹ 17500000

4+ BHK Independent House

Hadapsar

₹ 13000000

2 BHK Independent House

Kharadi

₹ 7000000

New Projects in pune

Majestique Signature Towers

Majestique Memories Phase 4

VTP High Flyers

VTP Cielo

Godrej Skyline

Godrej Park Springs

Kolte 24K Sereno

Kolte Patil 24K Manor

Kohinoor Satori

Kohinoor Central Park

Kumar Prakruti

Kumar Codename Lighthouse

Lodha Palais

Lodha Magnus

Shapoorji Joyville Celestia

Shapoorji Pallonji Wildernest

Ganga Avanta

Ganga Platinum

Nyati Emerald

Nyati Esteban II

Blog Section

FAQs

Why is Pune Famous?

Pune is well associated with its historical places, educational institutes and varied cultures. Furthermore, it is also regarded as a prominent IT and industrial centre.

What is the best place to make an investment in Pune?

Important investment-friendly areas in Pune include Hinjewadi, Baner, Kothrud and a few others like Aundh.

Is Pune costly to live in?

Pune is relatively affordable in comparison to Mumbai. To analyse the cost of living in Pune, you should factor in your lifestyle choices, living arrangements and budget.

What are the factors to consider while selecting a place to make an investment in Pune?

The factors to take into account are market trends, infrastructure projects, legal issues, social aspects of the neighbourhood, price levels, rental possibilities and so on. For detailed information, please refer to the above mentioned article.

Which dialect is used in Pune?

Marathi language is predominant in Pune however English and Hindi languages are also used.

What is the old name of Pune?

Pune was previously referred to as Puna.

Pune is closest to which cities?

Pune is located nearby Mumbai and Nashik and Aurangabad in Maharashtra.

What is the biggest market in Pune?

The Tulshibaug Market, exhibiting various items and lively atmosphere, occupies the position of the biggest market in Pune.

What is special food in Pune?

Pune is famous for its Maharashtrian food including Misal Pav, Bhakarwadi, Poha, Pithla Bhakri and Pav Bhaji.

Which sweets are famous in Pune?

When in Pune, don’t forget to try Puran Poli, Shrikhand and Modak during Ganesh Chaturthi especially.