Pun, with over 4 million people in the city, is an economic hub filled with different sectors. However, on the one hand, the city has a vast student population; on the other hand, Pune attracts working professionals. Especially, with its rich cultural heritage, booming IT sector, and multiple educational institutions, Pune offers the perfect blend of modern infrastructure and historical charm. Needless to say, the city has become a magnet for real estate investments! If you are moving to Pune and looking into the best areas, we have got you covered. In this guide, we will tell you all about the posh areas in Pune you should consider. Let’s take a look below! 

Trending Posh Localities in Pune You Should Consider 

Also known as Oxford of the East, Pune is arguably one of the most cost-effective yet rapidly growing cities in Maharashtra. Whether you are planning to invest for the future or thinking of buying or renting now, the city seems to be the perfect place. Below, we mention the popular posh localities in Pune with nearby transport options, hospitals, and more.

1. Koregaon Park 

Malls: Kopa Phoenix Marketcity, and SGS Mall
Schools: Army Public School, St. Felix High School, and The Lexicon International School 

Among many posh localities in Pune, Koregaon Park always tops the list. Well-connected with the airport and Viman Nagar via Aga Khan Bridge, the area offers a range of amenities and facilities. Beyond the commercial and residential establishments, Koregaon Park is covered with greenery. The locality is also home to numerous restaurants and pubs, making it a hotspot among working professionals and youth. Plus, the Osho Garden, a beautifully landscaped garden, offers respite from the hustle and bustle of life. 

Property Type  Average Sale Price Average Rent Price  
3  BHK  Rs. 1.98 Cr.- 2.19 Cr. (200 sqft)  Rs. 18-48 per sqft 
4 BHK  Rs. 2.64 Cr.- 2.92 Cr. 

2. Aundh 

Malls: Westend Mall
Schools: D A V Public School, Suryadatta National School, and Vidya Vallery World School 

If you are looking for posh residential areas in Pune, Aundh should be on your list. This locality is where you can find luxury, peace, and comfort. Beyond the serene environment, you can find notable educational institutions such as the Birla Institute of Technology and Science, one of the best technical institutes for engineering in India. Moreover, the area shares proximity to Aundh Station on the Central Railway Line. The Mumbai-Pune Bangalore Highway also passes through Aundh, establishing a connection between Maharashtra and Karnataka. 

Property Type  Average Sale Price Average Rent Price  
2  BHK  Rs. 1.26 Cr.- 1.39 Cr.  Rs. 21- 34 per sqft
3 BHK  Rs. 1.68 Cr.- 1.86 Cr. 

3. Kalyan Nagar 

Malls: Phoenix City Mall, Kopa Mall
Schools: The Bishop’s Co-Ed School, The Lexicon International School, Dr Mrs Erin Nagarvala School 

Another posh area in Pune, Kalyani Nagar ensures good connectivity and is home to many celebrities. The area shares proximity to the airport and is home to several restaurants and cafes. Also, it is one of the prime residential and commercial localities in Pune. Kalyani Nagar has smooth access to the Pune-Mumbai Expressway and is close to Pune Junction Railway Station. Hadapsar and Pune Junction are two railroad stations. 

Property Type  Average Sale Price  Average Rent Price  
3  BHK  Rs. 1.68 Cr.- 1.86 Cr.  Rs. 28- 46 per sqft 
4 BHK  Rs. 2.25 Cr.- 2.48 Cr. 

4. NIBM Road   

Malls: Dorabjee’s Royale Heritage Mall,
Schools: Amanora Schools, Maharashtra Arogya Mandal School, and Vidyashilp Public School 

Offering luxurious apartments amidst greenery, NIBM Road is one of the posh localities in Pune for families and working professionals. Away from the hustle and bustle, the area is suitable for luxury living. Vishwakarma Institute of Technology and the National Institute of Bank Management are also situated in the area. The area has several high-rise apartments that fit the budget of students, too.

Property Type  Average Sale Price  Average Rent Price  
2  BHK  Rs. 1.02 Cr.- 1.12 Cr.  Rs. 14- 23 per sqft 
3 BHK  Rs. 1.36 Cr.- 1.50 Cr. 

5. Model Colony 

Malls: Kakade Mall, The Pavillon
Schools: SPM Public English Medium School, Vikhe Patil Memorial School 

Model Colony is one of the best places to live in Pune for many reasons. This posh area boasts smooth connectivity to FC Road, Baner Road, and Law College Road. Plus, Deccan Multispeciality Hardikar Hospital is located in the area. Being one of the posh localities in Pune, Model Colony offers upscale living options and well-planned infrastructure. 

Property Type  Average Sale Price  Average Rent Price  
3  BHK  Rs. 2.66 Cr.- 2.93 Cr.  Rs. 25- 43 per sqft 
4 BHK  Rs. 3.54 Cr.- 3.91 Cr. 

6. Magarpatta City 

Malls: Amanora Mall and Seasons Mall
Schools: Vidya Pratisthan’s Magarpatta City Public School, VIBGYOR High School 

Well-connected via Kharadi-Hadapsar road, Magarpatta City is a posh area of Pune. The area is dotted with residential complexes, hospitals, schools, and colleges. Moreover, the locality comes with reasonable security arrangements including CCTV cameras installed and police patrolling. It is also one of the popular residential areas in Pune, owing to the IT hub. 

Property Type  Average Sale Price Average Rent Price  
2  BHK  Rs. 1.18 Cr.- 1.50 Cr.  Not available 
3 BHK  Rs. 1.44 Cr.- 2.10 Cr. 

Pune, often referred to as the “Oxford of the East,” boasts a diverse array of posh localities that cater to the discerning tastes of its residents. These upscale areas offer a perfect blend of luxury, convenience, and cultural vibrancy. From the serene environs of Koregaon Park to the bustling Aundh, posh localities in Pune have something to offer everyone. Whether you’re seeking a tranquil retreat or a dynamic urban lifestyle, these neighbourhoods provide an exceptional living experience. As Pune continues to evolve as a global city, its posh areas remain at the forefront of luxury and sophistication. In case, you are in Pune and have found a sweet place for yourself, you should check out Rentomojo and get furniture on rent! 

Frequently Asked Questions

1. Which is the most clean area in Pune?
Aundh is the cleanest residential area, as everyday sweepers clean the road in the morning and household waste gets collected daily

2. Which area is the safest in Pune?
Baner and Kothrud are safe areas with great infrastructure and strict security measures. 

3. What is the rank of Pune in living?
In 2023, Pune ranked second among India’s best cities for quality of living. 

4. Is Kothrud expensive?
On average, the price of properties in Kothrud is Rs. 12,890 per sqft. The most expensive property listed in Kothrud is priced at Rs. 24,000 per sqft.

5. Is Balewadi a posh area?
Yes, Balewadi is a posh area in Pune and is close to IT hubs and the Mumbai-Pune Expressway. 

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Last Update: October 25, 2024