Where to live
Neighbourhoods, Housing Market, The IKAN Method. 8 min read.
01Neighbourhoods
Neighbourhoods we recommend
Pune has six clear premium areas, each with its own character and commute. The right one depends on where your office is, your family and how you like to live. These are the areas we rate highest for families moving from other Indian cities in 2026.
The map of Pune loads here.
Photo: Alexey Komarov, CC BY-SA 4.060 to 90 min to Hinjewadi
Photo: DesiBoy101, CC BY 4.0₹50k to 1L a month15 to 25 min to EON Park
Photo: DesiBoy101, CC BY 4.0₹50k to 1L a month
Photo: तुषार सरोदे, CC BY-SA 4.0₹35k to 90k a month25 to 45 min to Hinjewadi
Photo: HokuroN, CC BY-SA 4.0₹30k to 70k a month60 to 90 min from KP
Photo: Akshit 77, CC BY-SA 4.0₹25k to 90k a month10 to 15 min to Kharadi
02Housing Market
What rent costs in 2026
Pune's rental market is mature and well supplied.
Not every family wants Koregaon Park or Kalyani Nagar. Most families moving from other Indian cities settle in the IT and manufacturing corridors near their offices, where a gated 3BHK usually costs ₹50k to 1.5L/month. Rents there have risen 20-40% since 2023 with IT and infrastructure growth. The established premium areas of Koregaon Park and Kalyani Nagar have risen more slowly, roughly 8-15% over the same period. Coming from Mumbai, you will pay much less for the same space. From Bangalore or Hyderabad the gap is smaller, but still in your favour.
Your Typical Monthly Budget
A consolidated, indicative monthly budget for a sample relocating family of four, derived from the itemised ranges above. Schooling is the biggest swing; households without school-age children land well below these totals.
| Category | Indicative Monthly Cost | Basis |
|---|---|---|
| Rent, 3BHK gated (corridor-dependent) | ₹50,000 to 1,50,000 | IT / manufacturing corridors |
| Groceries & household | ₹13,000 to 20,000 | Family of four |
| Schooling (per child) | ₹10,000 to 58,000 | CBSE/ICSE ₹1.2L to 7L per year ÷ 12 |
| Full-time driver (optional) | ₹15,000 to 25,000 | Arranged via your building |
| Utilities, electricity, piped gas, water, internet | Budget separately | MSEDCL · MNGL · ACT/Jio/Airtel |
| Dining out, household help & leisure | Varies | Lifestyle-dependent |
| Indicative total | ≈ ₹0.9L to 2.3L / month | One child in CBSE/ICSE + driver; before utilities, dining-out & setup. Premium schooling pushes this higher |
| Corridor | 3BHK / Month | 4BHK / Month | Profile (unfurnished / limited furnished) |
|---|---|---|---|
| Hinjewadi | ₹30k to 70k | ₹40k to 1L | Ravet, Wakad, Bavdhan, Mann, Balewadi, Baner, Pune's main IT corridor |
| Chakan | ₹16k to 65k | ₹40k to 80k | Moshi, Nigdi, Chinchwad, Pimpri, Ravet, Bhosari, auto / PCMC manufacturing belt |
| Magarpatta | ₹25k to 90k | ₹50k to 1.2L | Amanora, Hadapsar, Kharadi, NIBM, planned townships, walkable amenities |
| Kharadi / EON | ₹40k to 75k | ₹50k to 1.2L | Wadgaon Sheri, Chandannagar, Kalyani Nagar, Magarpatta, Viman Nagar, EON IT corridor |
| Viman Nagar / Kalyani Nagar | ₹50k to 1L | ₹75k to 3.5L | Yerwada, Kalyani Nagar, Koregaon Park-adjacent, airport-side premium, Phoenix Marketcity, EON corridor access |
| Aundh / Baner | ₹35k to 90k | ₹70k to 2.6L | Balewadi, Pashan, Bavdhan, north-west premium, closest to Hinjewadi IT |
A tool
What a month costs
Pick a home and tick what you will pay for. Every figure is from this guide, as written.
3BHK Gated
₹78k to 1.9L a month
- Rent, 3BHK Gated₹50k to 1.5L
- Monthly Groceries₹13k to 20k
- Full-time driver (optional)₹15k to 25k
One off, before you move in: the deposit, three months' rent, ₹1.5L to 4.5L at this rent.
Indicative figures from this guide. Your IKAN consultant confirms rents and fees before you act on them.
- Security deposit: 3 months rent is standard in Pune
- Lease duration: Leave & License agreements (the standard Indian lease) run 11, 24 or 36 months, renewable with 5-10% escalation
- Furnishing: Semi-furnished accommodation is standard offering with built-in cupboards and kitchen. Fully furnished accommodation is rare and comes at a premium.
- Documentation: Aadhaar, PAN. IKAN helps negotiate and prepare your Leave & License agreement.
- Brokerage: One month's rent is the typical broker fee in Pune
- TDS: TDS applies when monthly rent exceeds ₹50,000
- Metro corridor effect: Properties within 1 km of operational Metro stations (Vanaz, Ramwadi, Civil Court, PCMC line) commanding 5-10% premium
- Metro Line 3 effect: The Hinjewadi-Shivajinagar line, now nearing completion, is lifting demand across Hinjewadi, Balewadi, Wakad and Baner
- Capital appreciation: Premium micro-markets have seen roughly 5-30% capital appreciation since 2023, led by Hinjewadi, Kharadi, Baner and Wakad, more measured than Mumbai/Bangalore
- New launches: Gera, Paranjape, Kasturi, Godrej, Panchshil, Kolte-Patil, Marvel, Kumar Properties, Vilas Javdekar and Lodha Group across Aundh-Baner-Balewadi and east Pune
- Rental yields: Pune runs 3-4% gross, higher than Mumbai or Bangalore, with Hinjewadi, Wakad and Kharadi at the top end on steady IT-tenant demand
- Best value segment: Ravet, Punawale, Tathawade and Moshi on the PCMC/Hinjewadi fringe offer the strongest price-per-sq-ft value as ready inventory there is still absorbing
- Corporate & NRI leasing: IT firms and global capability centres (GCCs, the in-house tech hubs of global companies) in Kharadi-EON and Hinjewadi take 24 to 36 month company leases at a premium; NRI investors (Indians living abroad) are concentrated in Baner, Balewadi and Kalyani Nagar
03The IKAN Method
How your move works
Every relocation runs on fixed clocks. These are the sequences your IKAN consultant drives for you, from the first viewing to the day you have keys in hand.
Move-in
How your move-in inspection works
Every fixture and meter is photographed in move.report, then locked as your baseline. See a sample report.
- 1Move-in inspection with IKAN consultant
- 2Check-in: meters, keys, fixtures photographed
- 3Record made in move.report
- 424 hours to comment from receipt
- 5Report locked as move-in baseline
Lease
From walk-through to keys
Your consultant runs the term sheet, review and registration for you.
- 1Shortlist walk-through with your IKAN consultant
- 2Term sheet agreed within 48 hours
- 3Six-Eyes review: lease vetted by three IKAN reviewers
- 4e-stamp paid and agreement registered
- 5Keys handed over on possession day
Where should you live in Pune?
A quick route to the right shortlist, built from the neighbourhoods in this guide.
What matters most?
- If you wantPremium, central, top schoolsLook atKalyani NagarAundh
- If you wantClose to work and the tech hubsLook atKoregaon ParkViman NagarHinjewadi
Already moving with IKAN?
Your homes, dates and papers are in i-Navigate, IKAN's app for families. It opens with the email address your IKAN consultant has for you, then sends you a six digit code.
Open your move Not moving with IKAN yet? Write to relo@ikan.com and a consultant will reply.