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.

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 

Property Price Trend of Hinjewadi

Top Real Estate Projects in Hinjewadi

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

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.

Real Estate Projects in Baner

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 

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.

Real Estate Projects in Kharadi 

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

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.

Real Estate Projects in Koregaon Park 

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. 

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