Best Localities in Pune for Long-Term Living

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List of Top Best Localities in Pune For Ideal Long-Term Living

Pune, known as the Oxford of the East, is home to reputed universities and international schools that attract students from across the country. Along with its strong academic presence, the city has also grown into a major IT and Corporate hub.??

After doing meticulous research, here is the curated list of the best localities in Pune for ideal long-term living, selected based on in-depth analysis of key real estate factors and market trends.

Best Localities in Pune

Hinjewadi ??? The heart of Pune???s IT growth

Hinjewadi is one of the best localities in Pune, and its property prices have gone up around 12% in the last year. The major factor for the growth is mainly because Hinjewadi has become Pune???s biggest IT hub, with over 500 IT sectors and technology companies operating here, including Infosys, Wipro, and Capgemini.??

The residential properties hold around 89% of the market share in Hinjewadi, and 11% include commercial shops, office spaces, and other non-residential projects.

Infrastructure & Connectivity??

The Hinjewadi-Shivaji Nagar Metro Line?? The Hinjewadi-Shivaji Nagar Metro Line decreases travelling time by 20-30%.
Connectivity?? Hinjewadi connects to Pune Junction within 45 minutes.

The Pune International Airport is connected within 50 minutes by road.??
Highways?? Hinjewadi connects directly to the Mumbai-Bengaluru Highway and also to Mumbai via the Mumbai-Pune Expressway.
Roads?? It is also linked through Hinjewadi-Wakad Road, Hinjewadi-Aundh Road and Maan Road that connects Baner, Wakad and Pimpri-Chinchwad.??

Property Price Trend of Hinjewadi

Best Localities in Pune

Top Real Estate Projects in Hinjewadi

Project Name Price??
Godrej Evergreen Square?? 60 Lakhs onwards??
Gera Joy On The Tree Tops?? 75 lakhs onwards??
Kolte Patil Life Republic?? 39 lakhs onwards??
Lodha Sylvan 1.1 crore onwards??
Lodha Magnus?? 2.35 crore onwards

Baner ??? Premium Gateway offering the Best Properties in Pune

Baner property prices have increased by 8-10% in the last year. The key reason for this growth is Baner’s emergence as one of the best properties in Pune is because of its well-developed social infrastructure and vibrant mix of cafes, restaurants, and healthcare facilities.??

Residential properties hold nearly 80-85% of the market share in Baner, while the remaining 15-20% consists of commercial offices, retail outlets, and high-street developments.

Infrastructure & Connectivity

Pune International Airport?? Baner enjoys strong air connectivity through Pune International Airport located in Lohegaon. The airport handles 9-10 million passengers annually and offers extensive domestic routes and select international flights.??
Connectivity??
  • The Mumbai-Bengaluru Highway
  • Baner Road – connects to Aundh, and the Baner-Pashan Link Road.
  • Baner-Balewadi Road connects to Balewadi High Street.??
Upcoming Metro Stations and nearest railway stations.?? Baner Metro Station, Baner Gaon Metro Station, Balewadi Phata Metro Station.
Pune Junction, Shivajinagar Railway Station and Khadki Railway Station.??

Property Price Trend of Baner

The current average property rate in Baner, Pune, is approximately 6529 per sq. ft. Baner has consistently delivered 8-10% YOY return over the past few years.??

The table below shows property price appreciation from 2020 to 2025. In this period, there is a total of 25% property price appreciation.

Best Localities in Pune

Real Estate Projects in Baner

Project Name Price??
Lodha Massimo 3.99 crore onwards??
Kolte Patil 24K Ultura?? 2.25 crore onwards??
Nyati Emerald?? 1.18 crore onwards??
VTP Skylights 52 lakhs onwards??
ANP Privado?? 2.7 crore??

Kharadi ??? Where Pune???s Future is Taking Shape

Kharadi is emerging as Pune???s fast-growing IT hub and commercial sector. The property prices have increased by around 8-10% over the last year. The locality is home to major business landmarks such as EON IT Park and the World Trade Centre in Pune.??

Leading companies like Cognizant, Wipro, TCS, Zensar Technologies, and Credit Suisse make a strong presence in the locality.??

Residential properties dominate the market in Kharadi with 85-90% of the market share, and the remaining 10-15% consists of commercial offices, retail shops, and other spaces.

Infrastructure & Connectivity in Kharadi??

Upcoming Pune Metro Phase 2?? Kharadi-Hadapsar-Swargate metro line. It will give direct access from the Kharadi IT belt to central Pune.??
Connectivity?? The Nagar Road connects to Airport, Yerwada and Viman Nagar.

 

Main Roads?? Kharadi Bypass, Mundhwa-Kharadi Road, Magarpatta Road and Old Mundhwa Road.??
Railway Stations?? Hapadpar railway station connects within 15 minutes and the Manjari-Budruk Railway Stations connects within 20 minutes.??

Property Price Trend In Kharadi

The current average property rate in Kharadi, Pune, is approximately 10,900 per sq. ft. Kharadi has consistently delivered a 5-8% YOY return over the past few years.??

The graph below shows property price appreciation from 2020 to 2025. In this period, there is a total of 25% property price appreciation.

Best Localities in Pune

Real Estate Projects in Kharadi??

Project Name Price??
VTP Pegasus 59.17 Lakhs onwards??
Godrej Ivara 1.17 crore onwards??
Godrej Rivercrest?? 75 lakhs onwards??
Gera Land of Joy?? 81 lakhs onwards??
Godrej Rivergreens?? 70.79 lakhs onwards

Koregaon Park ????? One Of The Best Residential Localities In Pune

Koregaon Park is one of Pune’s most well-recognised and premium residential areas known for its classy and cosy vibe. The locality is located near Airport and commercial hubs. The property price has risen about 12-14% YOY growth that reflects a strong demand for luxury real estate projects.??

Infrastructure & Connectivity in Koregaon Park

Airport Koregaon Park enjoys strong connectivity to the Pune International Airport approximately 10 km away.
Connectivity It connects to main roads like North Main Road, South Main Road, Bund Garden Road, Mundhwa-Kharadi Road, Kalyani Nagar Road and Pune-Ahmednagar Highway.

 

Metro and Railway Stations Ruby Hall Clinic Metro Station and Bund Garden Metro Station are hardly 3 km from Koregaon Park.

The Pune Junction Railway Station is reachable within 15 minutes.

Property Price Trend in Koregaon Park??

The current average property rate in Koregaon Park, Pune, is approximately 11,200 to 1800 per sq. ft. Kharadi has delivered an annual appreciation of about 8-12% year-on-year supported by limited supply of land and location.??

The table below shows property price appreciation from 2020 to 2025. In this period, there is a total of 35-45% property price appreciation.

Best Localities in Pune

Real Estate Projects in Koregaon Park??

Project Name Price??
Marvel Aurum 6.17 crore onwards
Godrej Skyline 3.39 crore onwards
Adani Atelier Greens 1.76 crore onwards
Ajmera Aria 8.95 crore onwards

FAQs??

Which is the most expensive suburb in Pune?
Koregaon Park is the most expensive suburb in Pune, offering ultra-luxury residential properties.??

Which are the best places in Pune to buy a plot?
The best areas for property investment in Pune are Hinjewadi, Baner, and Mundhwa.??

Who are the top builders in Pune?
The top builders in the city of Pune include Godrej Properties, Panchshil Realty, Lodha Group, and VTP Realty.

Which is the developing area in Pune?
Hinjewadi is the most developed area in Pune.

Is Pune considered a Tier 1 City in India?
Yes. Pune is considered a Tier 1 City in India because of its economic hub, growing IT corridor, and well-known educational institutions.??

Disclaimer: With 12+ years of experience & expertise in the real estate industry, Homebazaar provides end-to-end property-buying solutions. Hundreds of 100% verified RERA-registered residential & commercial properties are listed on our website. We provide facilities like Zero brokerage, 360?? virtual street view, effortless site visit services, end-to-end property buying agreements & documentation guidance, and low-interest home loan assistance. This helped us gain the trust of 1,25,000+ clients across India & sold 9,500+ homes of top reputed developers while saving Rs. 210+ Crores of brokerage.
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