Posh Areas in Pune – 15 Richest Localities to Live!

September 12th, 2024

Top 15 Posh Areas in Pune for Luxury Living and Upscale Amenities

From the elite Kothrud to tech-driven Hinjewadi, explore the top 15 posh areas in Pune. Luxurious living awaits in these expensive residential localities in Pune – such as Viman Nagar, Koregaon Park, and New Kalyani Nagar – offering prime real estate and modern amenities.

A city known for its rich history, Pune has world-class educational institutions and is a rapidly growing IT hub. Many posh areas in Pune have become sought-after destinations for luxury living. When it comes to settling down, choosing the right locality is key to experiencing a truly refined lifestyle. This blog will highlight the top 15 posh areas in Pune, focusing on the most expensive residential localities in Pune where premium real estate meets high-end living.

Top 15 Posh Areas to Live in Pune

Certain locales offer a unique blend of luxury, comfort, and convenience – catering to those seeking a high-end lifestyle. Whether you are drawn to the city’s historic charm, its rapidly growing tech industry, or the allure of upscale living, Pune’s premium real estate options are unmatched.

From the modern allure of New Kalyani Nagar to the cultural vibrancy of Koregaon Park, each of these expensive residential localities in Pune has a distinct personality. Here is a closer look at 15 of the top posh areas in Pune, making it easier for you to find the perfect luxury home for your family.

  1. New Kalyani Nagar

    Overview: Rapidly developing as an extension of Kalyani Nagar, this area is emerging as a modern residential hotspot. With excellent connectivity to key areas of the city and large IT hubs, New Kalyani Nagar is an ideal location for professionals and families. One of the most expensive residential localities in Pune, it is a promising investment destination due to high demand and rapid urbanisation.

    Features:
    Modern residential complexes in this locale have top-notch amenities, catering to the needs of the urban elite. One of the posh areas in Pune, New Kalyani Nagar’s proximity to IT parks and business districts enhances its appeal for working professionals.

    Real Estate
    : Property prices are rising, with many luxury projects in the pipeline averaging ₹12,900 per sq ft.

    Lifestyle:
    Malls, restaurants, and entertainment options, make this area ideal for high-end living

    Schools:
    Symbiosis International School

    Malls:
    Phoenix Marketcity

    Hospitals:
    Manipal Hospital

    Business Parks:
    Eon IT Park, Cybercity Magarpatta

  2. Shivaji Nagar

    Overview: Centrally located, Shivaji Nagar offers a perfect blend of commercial and residential spaces, making it a highly coveted address. One of the most expensive residential localities in Pune, it is well-connected by road and rail, and its central position helps with convenient commutes across the city.

    Features:
    Home to heritage properties and upscale apartments, Shivaji Nagar provides an array of housing options. Its proximity to major educational institutions and corporate hubs adds to its appeal as a residential hotspot.

    Real Estate:
    Being one of the posh areas in Pune, property prices here are high, averaging ₹16,650 per sq ft – with many notable developments adding to its charm.

    Lifestyle:
    Close to renowned educational institutions, hospitals, and shopping avenues, catering to a premium lifestyle

    Schools:
    Loyola High School, Fergusson College

    Malls:
    The Pavilion Mall

    Hospitals:
    Sancheti Hospital

  3. Koregaon Park

    Overview: Known for vibrant culture and luxurious living, Koregaon Park is a hub for those seeking a lavish lifestyle. The area is synonymous with exclusivity and is home to some of Pune’s most luxurious residences, frequented by celebrities and high-profile individuals.

    Features:
    One of the most posh areas in Pune, Koregaon Park is the perfect setting for those looking for privacy and serene living environment. High-end villas, expansive green surroundings, and tree-lined avenues add to the charm and tranquillity of this locale.

    Real Estate:
    Koregaon Park is one of the most expensive residential localities in Pune, with property prices averaging ₹15,050 per sq ft and iconic residential complexes setting the benchmark for luxury living.

    Lifestyle:
    Upscale lifestyle with premium options for dining, shopping, and nightlife.

    Schools:
    St. Joseph’s High School, The Bishop’s School

    Malls:
    Nitesh Hub

    Hospitals:
    Ruby Hall Clinic, Jehangir Hospital

  4. Kothrud

    Overview: A well-established residential area, Kothrud is known for its balance between modern infrastructure and peaceful living. One of the most expensive residential localities in Pune, Kothrud has transformed into a self-sustained residential area with its own malls, schools, and other facilities.

    Features:
    This area offers a mix of modern apartments and traditional homes, making it a favourite for families and professionals alike. The availability of reputable housing projects, such as SOBHA Nesara, makes it a highly sought-after residential locale in the city.

    Real Estate:
    Being one of the posh areas in Pune, property prices are on the higher side, with the average at ₹13,200 per sq ft.

    Lifestyle:
    Proximity to top educational institutions, shopping malls, and parks makes it one of the best places to live in Pune

    Schools:
    City International School

    Malls:
    Kothrud Central

    Hospitals:
    Deenanath Mangeshkar Hospital

    Parks & green spaces:
    Pandit Bhimsen Joshi Udyan, NDA Hills, Vetal Tekdi

    Read More: Kothrud, Pune – All You Need to Know!

  5. Hinjewadi

    Overview: Known as the IT hub of Pune, Hinjewadi is a bustling locality that has seen rapid growth in both commercial and residential sectors. Home to leading MNCs, the area attracts a large workforce and is one of the expensive residential localities in Pune.

    Features:
    The area is home to modern townships, with gated communities and premium residential complexes – making it a highly desirable residential destination. Hinjewadi’s tech parks, recreational areas, and retail spaces cater mainly to IT professionals and their families. Being one of the posh areas in Pune makes it an ideal place to settle down.

    Real Estate:
    Premium developments with competitive prices averaging ₹7700 per sq ft.

    Lifestyle:
    Close to tech parks, shopping complexes, and recreational areas

    Schools:
    Blue Ridge Public School

    Malls:
    Xion Mall, Phoenix Mall of the Millennium

    Hospitals:
    Lifepoint Multispeciality Hospital

    Tech Parks:
    Rajiv Gandhi Infotech Park

  6. Viman Nagar

    Overview: A premium area near the airport, Viman Nagar is one of the city’s fastest-developing localities. Excellent connectivity and thriving commercial environment make it a top choice for both residential and commercial investments.

    Features:
    High-rise apartments and well-maintained roads make it one of the posh areas in Pune. It has an array of luxury residential and commercial spaces, making it ideal for business professionals seeking convenience, exclusivity, and serenity.

    Real Estate:
    Being one of the expensive residential localities in Pune, property prices are on the higher side – i.e. ₹10,900 per sq ft on an average.

    Lifestyle:
    Shopping malls, business centres, and premium dining options

    Schools:
    The Lexicon International School

    Malls:
    Phoenix Marketcity

    Hospitals:
    Cloudnine Hospital

    Business Parks:
    Weikfield IT Park, Cybercity Magarpatta

  7. Aundh

    Overview: Aundh strikes the right balance between residential and commercial spaces, making it one of the most desirable neighbourhoods in the city. Known for its excellent social infrastructure, the area is popular among families and professionals alike.

    Features:
    One of the posh areas in Pune, Aundh has luxury homes and excellent connectivity, providing residents with easy access to all parts of Pune. Proximity to retail outlets, parks, and entertainment zones makes it a well-rounded locality for families.

    Real Estate:
    Property prices are moderate to high, with the average rate being ₹11,000 per sq ft.

    Lifestyle:
    Access to educational institutions, retail outlets, and entertainment zones

    Educational institutions:
    DAV Public School, City International School, Savitribai Phule Pune University

    Malls:
    Westend Mall

    Hospitals:
    Sanjivani Medipoint Hospital, Ankura Hospital

  8. Magarpatta City

    Overview: A well-planned township spread across 450 acres, Magarpatta City offers an integrated living experience that combines luxury with sustainability. One of the expensive residential localities in Pune, this award-winning township is self-sufficient.

    Features:
    Known for being one of the most posh areas in Pune, Magarpatta City offers a secure, peaceful environment for families and professionals. Lush green spaces and integrated development including Cybercity, make it an ideal choice for tech professionals.

    Real Estate:
    Moderately high property prices, averaging ₹11,200 per sq ft.

    Lifestyle:
    Equipped with malls, parks, and schools

    Schools:
    Magarpatta City Public School

    Malls:
    Seasons Mall, Amanora Mall

    Hospitals:
    Noble Hospitals & Research Centre

    Business Parks:
    Cybercity

  9. Kharadi

    Overview: Emerging as a prominent IT and residential hub, Kharadi is a rapidly developing area with a mix of high-end residential complexes and commercial establishments. Home to International Tech Park Pune and Eon IT Park, this area has many software companies – making it a highly sought-after location for professionals. Kharadi is on its way to becoming one of the expensive residential localities in Pune.

    Features:
    With modern residential complexes, gated communities, and excellent connectivity, Kharadi is one of the posh areas in Pune and a rapidly growing neighbourhood in the city. Its proximity to major business parks adds to its attractiveness.

    Real Estate:
    Property prices average around ₹10,000 per sq ft.

    Lifestyle:
    Close to business centres, malls, and fine dining

    Schools:
    Victorious Kidss Educares

    Malls:
    Global Highstreet

    Hospitals:
    Manipal Hospital

    Business Parks:
    International Tech Park Pune (ITPP), Eon IT Park

  10. Hadapsar

    Overview: A blend of tradition and modernity, Hadapsar is becoming one of Pune’s most dynamic upscale localities. The area is home to gated communities, IT parks, and industrial zones – providing a well-rounded living experience.

    Features:
    One of the posh areas in Pune, Hadapsar offers diverse housing options from modern apartments to upscale villas. Its proximity to industrial and IT hubs makes it an attractive residential choice for working professionals.

    Real Estate:
    Property prices are moderate, with the average being ₹7350 per sq ft.

    Lifestyle:
    Proximity to Magarpatta City, shopping complexes, and schools

    Schools:
    Vibgyor High

    Malls:
    Amanora Mall

    Hospitals:
    Sahyadri Superspeciality Hospital

  11. NIBM Road

    Overview: An upscale residential community, NIBM Road is known for tranquil and serene environment. With a blend of modern infrastructure and peaceful surroundings, it is one of the posh areas in Pune. NIBM Road is preferred by families & professionals looking for a retreat from the bustle of the city. One of the expensive residential localities in Pune, its greenery and high-end housing options make it an attractive destination for luxury living.

    Features:
    NIBM Road offers luxurious apartments set amidst green surroundings, providing a calm atmosphere for residents. The locality has seen significant development, with various upscale residential projects in the works, further enhancing its appeal.

    Real Estate:
    Property prices here are moderate, averaging ₹7150 per sq ft, with many prominent developments underway.

    Lifestyle:
    Close to educational institutions, shopping areas, and restaurants

    Schools & Colleges:
    Vibgyor High, Vishwakarma Institute of Technology (VIT), National Institute of Bank Management

    Malls:
    Royale Heritage Mall, Dorabjee’s NIBM

    Hospitals:
    Ruby Hall Clinic Wanowrie

  12. Wadgaon Sheri

    Overview: Wadgaon Sheri is a fast-growing residential area that offers an ideal balance between modern living and convenient access to nearby business hubs. Located close to Kalyani Nagar and Viman Nagar, this area is becoming one of the expensive residential localities in Pune.
    A range of upscale residential projects are being developed here, making it an emerging hotspot for professionals. Seamless connectivity to key areas and rapid development make Wadgaon Sheri a top choice for those seeking luxury homes.

    Features:
    Modern residential complexes and excellent infrastructure have made Wadgaon Sheri one of the posh areas in Pune. Its proximity to major business centres, combined with an array of luxury housing options, appeals to families and professionals alike.

    Real Estate:
    Property prices are currently averaging ₹8400 / sq ft, with upscale residential options available.

    Lifestyle:
    Close to business hubs, shopping malls, and dining spots

    Schools:
    Symbiosis International School

    Malls:
    Phoenix Marketcity

    Hospitals:
    Manipal Hospital

  13. Senapati Bapat Road

    Overview: Known for its commercial importance and proximity to the heart of Pune, Senapati Bapat Road has become a prime location for high-end residential options. One of the most posh areas in Pune, it is a key commercial and business district in the city – making it a highly desirable address for professionals working nearby. Its strategic location ensures quick access to all major areas of the city.

    Features: The area features luxury apartments, offering convenience and comfort to its residents. Its proximity to major commercial centres like ICC Trade Tower, combined with excellent residential projects, makes it one of the most sought-after and expensive residential localities in Pune.

    Real Estate: Property prices are high at around ₹14,138 per sq ft, with renowned residential projects.

    Lifestyle: Close to educational institutions, hospitals, and shopping centres, offering a premium lifestyle

    Schools: Symbiosis College Of Arts & Commerce, Fergusson College

    Malls:
    The Pavilion Mall

    Hospitals:
    MMF Ratna Memorial Hospital, Cloudnine Hospital

  14. Model Colony

    Overview: Model Colony is a peaceful and premium residential area in the heart of Pune. Known for its calm surroundings and central location, the area is ideal for families and professionals looking for upscale living options. One of the most posh areas in Pune, Model Colony has well-planned infrastructure and proximity to key areas of the city – making it a popular choice for those seeking a tranquil yet connected lifestyle.

    Features:
    The area is home to upscale residences with well-maintained surroundings, making it one of the most desirable residential locations in Pune. With access to parks, educational institutions, and shopping malls, Model Colony provides the perfect blend of convenience and tranquillity.

    Real Estate:
    At ₹14,900 per sq ft, Model Colony is one of the most expensive residential localities in Pune – with luxurious housing options.

    Lifestyle:
    Close to schools, hospitals, and shopping areas

    Schools:
    St. Joseph’s High School, Aksharnandan School

    Malls:
    The Pavillion Mall

    Hospitals:
    Sancheti Hospital

  15. Sopan Baug

    Overview: Known for its luxurious environment and tranquil surroundings, Sopan Baug is one of Pune’s most exclusive and serene residential localities. Set away from the city’s noise & bustle, the area offers a retreat-like atmosphere for those seeking a high-end lifestyle. Its proximity to Pune Race Course and key facilities makes it one of the most posh areas in Pune.

    Features: The area has high-end villas and lush green surroundings, offering a sense of exclusivity and privacy. The elite clubs and recreational facilities nearby make Sopan Baug one of the most expensive residential localities in Pune. Sopan Baug is a top destination for those who value luxury living in a peaceful environment.

    Real Estate: Property prices are on the higher side, at around ₹12,550 per sq ft, with exclusive residential projects catering to luxury home seekers.

    Lifestyle: Close to the Race Course, elite clubs, and shopping areas, providing a premium lifestyle

    Schools: The Bishop’s School

    Malls: Amanora Mall, Dolphin Mall

    Hospitals: Noble Hospitals & Research Centre

    Read More: 10 Things to Check Before Buying an Apartment in Pune!

Conclusion

Top 15 posh areas in Pune – including some of the most expensive residential localities in Pune such as Koregaon Park, Kothrud, and Hinjewadi – offer luxury homes, excellent infrastructure, and high-end lifestyle. While exploring posh areas in Pune and evaluating luxury homes in Pune, key factors such as proximity to schools, colleges, hospitals, business parks, transport hubs, and malls should guide your investment decisions.

Exploring some of these expensive residential localities in Pune will help you find the perfect residence suited to your lifestyle needs. To experience luxury living at its finest, visit SOBHA Nesara in Kothrud or call 08046464500 for more details. Explore the SOBHA Nesara project here.

FAQs

1. What makes a residential area in Pune considered posh?

A residential area in Pune is considered posh based on factors such as premium real estate, luxury housing options, excellent infrastructure, proximity to business hubs, upscale amenities, and high standard of living. Some of the most expensive residential localities in Pune such as Kothrud, Koregaon Park, and Kalyani Nagar offer exclusivity and serene environment, attracting affluent buyers.

2. Which is the most expensive area to live in Pune?

The most expensive areas to live in Pune are Koregaon Park, Kothrud, Kharadi, and Senapati Bapat Road, with property prices ranging from ₹12,000 to ₹15,000 per sq ft. These posh areas in Pune offer luxury living with access to high-end facilities.

3. Are there good schools and hospitals in these posh areas in Pune?

Yes, there are good schools and hospitals in these posh areas in Pune; for example, The Bishop's School and Ruby Hall Clinic near Koregaon Park, Symbiosis International School in Viman Nagar, Cloudnine Hospital in Kalyani Nagar, and more. Most of the expensive residential localities in Pune have excellent social facilities such as schools, colleges, hospitals, workplaces, malls, multiplexes, metro connectivity, highway access, and more.

4. What are the average property prices in these upscale localities?

Average property prices in posh areas in Pune are ₹6000 to ₹15,000 per sq ft, depending on the locale and facilities. Expensive residential localities in Pune such as Koregaon Park, Kothrud, and Kharadi are at the higher end, while areas like NIBM Road and Wadgaon Sheri offer affordable luxury options.

5. How do these posh areas compare in terms of connectivity to major hubs in Pune?

Posh areas in Pune have excellent connectivity to major hubs in the city; for example Kharadi and Hinjewadi are close to prominent tech parks like EON IT Park and Rajiv Gandhi Infotech Park, while Aundh and Shivaji Nagar have easy access to the city centre and business districts. Expensive residential localities in Pune usually enjoy seamless connectivity due to flyovers, highways, metro lines, and more.

6. Are there luxury apartments available for rent in these areas?

Yes, luxury apartments are available for rent in these areas, offering premium amenities and modern infrastructure. Some of the most sought-after expensive residential localities in Pune include Koregaon Park, Kothrud, Kalyani Nagar, and Viman Nagar.

7. Which posh area in Pune is best for families?

Posh areas in Pune that are best for families include Kothrud, Aundh, and NIBM Road, due to their proximity to top schools, colleges, hospitals, and parks. These expensive residential localities in Pune offer a mix of peaceful living and modern facilities.

8. What kind of amenities can I expect in the luxury residential complexes in Pune?

Amenities that you can expect in luxury residential complexes in Pune are swimming pools, clubhouses, gyms, landscaped gardens, 24/7 security, gated community, sports facilities, recreational spaces, children’s play areas, and more.

9. How safe are these posh localities for residents?

Posh areas in Pune are generally considered safe, with gated communities, CCTV surveillance, and round-the-clock security services. Expensive residential localities in Pune like Koregaon Park, Kothrud, Viman Nagar, and Kharadi are well-maintained and secure – making them ideal for families and professionals.

10. Are there any upcoming luxury projects in these areas?

Yes, there are upcoming luxury projects in posh areas in Pune, such as Viman Nagar, Kothrud, Kharadi, and Kalyani Nagar. Developers with a national footprint – such as SOBHA – are introducing high-end projects like SOBHA Nesara in Kothrud, offering premium housing options for luxury seekers.

You might also like