Top 10 Most Posh Areas in Pune (Best Residential Places & Localities)

By : Silky Malhotra

18 April, 2024

As a property owner, are you looking for the best area to live in Pune? The metropolitan boasts a strong social infrastructure and presents lucrative employment opportunities to residents. Located on the Western Ghats, Pune is a beautiful city shrouded by greenery. Millennials and corporate professionals love the dynamic experience of residing in Pune. Thanks to the economic prosperity of the city, it attracts residents from different parts of the country.

Affluent families are currently on the hunt for the most posh area in Pune to purchase their homes. The real estate market in Pune brings you all sorts of opportunities, ranging from apartments to villas and independent floors to bungalows. If you are willing to relocate to Pune, you might consider purchasing a property in one of these posh localities. 

In this guide, we have presented you with the best places to live in Pune. Read on and explore these localities where you can purchase a sophisticated home.

Which posh area in Pune should you invest in?

Known as the ‘Oxford of the East’, Pune is rapidly developing in terms of social infrastructure and connectivity. Although some localities in Pune are still cost-effective in terms of living, the price is likely to escalate in the next few years. From an investment perspective, Pune is a great place to buy your property.

From apartment complexes to villas, Pune brings you different types of properties in its popular localities. Check out these Pune top area names and explore the new projects in these places before purchasing.

1. Hinjewadi

Hinjewadi is known for its well-balanced residential and commercial infrastructure. This part of Pune stands out with a strong IT sector. The locality has witnessed a significant development in social infrastructure in recent years. Naturally, reputed builders have come up with luxury apartments in Hinjewadi that appeal to the lifestyles of millennials and corporate professionals.

With the demand for properties rising, real estate prices are rapidly scaling up. In Hinjewadi, residents love the seamless connectivity to other places around the city and strike a balance between work and fun.

2. Viman Nagar

For professionals looking for job opportunities in a posh Pune residential area, Viman Nagar will be the ideal place. This locality has several IT parks, offering lucrative career and business opportunities to professionals. Viman Nagar continues to be one of the most sought-after residential places in Pune. The enriched social infrastructure here ensures the availability of all sorts of amenities for comfort and convenience.

 Viman Nagar shares seamless connectivity to prominent areas around the city, including Lohegaon, Kalyani Nagar, and Dhanori.

3. Koregaon Park

When you look out for the best areas to live in Pune, you cannot possibly miss out on Koregaon Park. This part of the city boasts high-value real estate and many commercial projects have come up here in recent years. Since Koregaon Park is located in the central part of the city, residents can get across to other places with ease.

Residents at Koregaon Park enjoy lots of entertainment amenities, besides having fast access to the best restaurants and cafes around the city. An enriched public transportation system ensures fast reach to other localities and commercial zones. Seamlessly blending modern amenities with nature, this locality continues to attract affluent families looking for comfort and peace.

In Koregaon Park, reputed developers have come up with apartments in different configurations. While 2 and 3 BHK homes are the most popular in gated communities, you can also look out for villas and row houses to relocate to with your family.

4. Aundh

Aundh is currently one of the best places to live in Pune, offering comfort and luxury to homeowners. Mostly inhabited by affluent families, it is a popular choice for raising your family. Investors willing to purchase a property in a posh area in Pune often go for Aundh.

Aundh is connected to the main parts of the city through a dense network of roads. The residents can easily avail public transport to reach these places. This enables residents to get across to their workplaces and other important localities around Pune. Residing in Aundh, one can quickly access the reputed academic institutions and healthcare centres in Pune.

5. Kalyani Nagar

This is a top Pune residential area, known for the affluent lifestyle of the families and the aristocracy they celebrate. A large number of residential and commercial projects have been developed in Kalyani Nagar in recent years. Located close to the IT Parks, Kalyani Nagar is a highly sought-after locality in Pune for families. One can get across to the entertainment centres and shopping malls in the proximity.

In Kalyani Nagar, residents benefit from the strong public transportation system. Thus, commuting from this part of the city to your workplace or other areas in Pune turns out to be cost-effective. The proximity to Pune Junction further enhances connectivity.

6. NIBM Road

NIBM Road is one of the best places to live in Pune, thanks to its proximity to the railway station and the airport. Business professionals prioritizing connectivity to other parts of the city often look out for new properties on NIBM Road.

Property prices in this area are high due to the seamless connectivity to the rest of the city that it offers. Naturally, rental rates are also high, and property owners enjoy an impressive income on letting out their homes. For working professionals and students, NIBM Road continues to be a great place to live. In case you are looking for a locality to balance life and work, this will be a great place to go for.

7. Shivaji Nagar

Shivaji Nagar is yet another posh area in Pune where you can buy your new property in this city. In Shivaji Nagar, you have several government offices, along with a strong social infrastructure. Developers have launched several new projects here, which are attracting investors. With lots of commercial activities, Shivaji Nagar attracts working professionals and those willing to embrace an affluent lifestyle.

Its proximity to reputed schools and hospitals makes it one of the best places to live in Pune. A strong transit system further defines the elevated social infrastructure in Shivaji Nagar.

8. Magarpatta City

If you are looking for a posh area in Pune, Magarpatta City will be a recommended locality. Here, you will come across several luxurious properties, including apartments and bungalows. However, it houses a limited number of commercial properties. 

This part of the city is connected well to reputed schools, colleges, and hospitals. Security and safety are highly prioritized, with CCTV cameras installed in public places. The law enforcement department carries out regular patrolling during peak hours to ensure the safety of the residents.

9. Kharadi

Kharadi is located in the suburban areas of Pune, but it is known for its elegant lifestyle. It houses several IT parks and is located in the eastern part of the city. Besides, recent years have witnessed the development of small-scale industries in Kharadi, too. In Kharadi, real estate developers are coming up with new projects, that are quite expensive. The proximity to railway stations and the airport makes Kharadi one of the best places to live in Pune.

Navigating to other parts of the city is easy, with a strong transit network connecting it to the commercial zones. Kharadi also houses the IT Park World Trade Centre, which creates lots of employment opportunities in the locality.

10. Hadapsar

If you are looking for the best area to live in Pune, go for Hadapsar. It is known as the ‘'Gateway to the Western Ghats'. A posh locality in Pune, it is witnessing rapid development in terms of infrastructure. Several residential and commercial projects are being constructed in this part of the city.

Whether you buy a property in Hadapsar or rent it, the aristocratic lifestyle in this area looks alluring. Developers are prioritizing luxury living, which brings you both convenience and comfort.

Considering the easy reach to business zones, schools, hospitals, and places of entertainment around the city, this is among the best places to live in Pune. Investors can choose from residential apartments, independent floors, villas, bungalows, and plots in elegant gated communities in this area.

Conclusion

Pune has undergone a consistent development with superior infrastructure and tons of commercial prospects. If you are on the hunt for a posh area in Pune where you can purchase your property, you can now narrow down your choice. We have carefully curated this list, considering aspects like connectivity to commercial zones and civic infrastructure. 

Although Pune is an affordable city, the cost of living in some of its posh areas is higher than in certain localities in Bangalore or Mumbai. Beyond luxury, residents in Pune love the touch of nature and excellent living conditions. 

Once you have identified the best area to live in Pune, reach out to one of the reputed real estate brokers. With professional assistance, you can understand the price trends in the area. Embrace a blissful lifestyle with an elegant home in a posh locality in Pune.