5 Localities to Lookout When Finding a House on Rent in Pune

Pune is witnessing great strides in infrastructure developments and hence the Queen of Deccan has become an attractive location for professionals and students to reside. With many companies shifting to Pune, especially in the IT industry, the realty market is also picking up.

If you are also one of the professional looking for different options for renting a house, you should rundown the following options and then choose one:

Koregaon Park

One of the most elite and prestigious address in Pune, Koregaon Park has developed as a successful suburb with many residential and commercial coming in picture. It also boasts a number of restaurants and housing cafes, attracting a lot of young professionals and students. With its evolution in to a commercial centre, Koregaon Park is a sought after place for expatriates for residency.

The area witnesses high property rates and you should look out for this one if you are willing to shell out good money.

The average rent for a 2BHK apartment in this area is ₹ 40,458.

Kalyani Nagar

Talking about the prime locations, Kalyani Nagar is another prime location in Pune. The area has witnessed a major rise in construction and development sector and houses many IT hubs. This is why Kalyani nagar is sought after by professionals. The good infrastructure offers connectivity to other major parts of the city.

The average rent for a 2BHK apartment in this area is ₹ 30,523.

Hadapsar

Known as the IT/ITES hub of Pune, Hadpasar has witnessed immense growth in recent times. The locality at one time catered to only farmhouses have now turned into a commercial and residential development. It houses many big corporates such as IBM, Accenture, TCS and SAS.

The average rent for a 2BHK apartment in this area is ₹ 25,000.

Wagholi

This developing suburb of Pune is witnessing new residential developments. The area is more known for returns on investment. Rent wise, the locality is well connected to major other suburbs of the city and hence becomes a viable option to choose.

The average rent for a 2BHK apartment in this area is ₹ 15,000.

Wakad

Another suburb of Pune that has witnessed transformation and has come out as a major urban area is Wakad. The key points that make Wakad as one of the most sought after locality are top notch infrastructure, continuous water and power supply.

The locality also has many builders developing housing societies and hence, finding a flat on rent in Wakad is not a tough job.

The average rent for a 2BHK apartment in this area is ₹ 18,500.

 

 

 

 

 

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