8 Posh (best residential) areas in Pune to live in in 2023 - MyGate (2024)

Pune, Maharashtra’s cultural capital, is gaining importance in terms of property values over time. The number of most posh areas in Pune has also increased as a result of new start-ups and multimillionaires looking to invest in these areas.

If you’re looking for the best residential areas in Pune for your family or simply want to know which are the best residential areas in Pune, keep reading!

1. Shivaji Nagar

Shivaji Nagar, one of the best residential areas in Pune, rose to prominence when some of the city’s top developers purchased land here to build high-end housing societies to meet the city’s growing housing demand in affluent and greener areas. The neighbourhood also houses some important government offices, educational institutions, and the city court. Due to rising demand and a lack of new constructions in the area, residential prices in this area are expected to rise even further.

Key points:

• Best Restaurants: Skol Kitchen & Bar, Puran Da Dhaba, Pop Tate’s, Oriental Fusion, X- Tasy, Retro Madhushala, Casa Blanca, TGI Friday’s, Sabores Bistro And Bar, It’s Mirchi
• Best Cafes: German Bakery Wunderbar, Chimichurri, Open Window Cafe Bistro, Eat & Repeat Cafe, Chirp, Oriental Connextions, Madeline, World Of Veg
• Average Property Price: INR 13,228 per sq-ft.

2. Koregaon Park

Koregaon Park is a well-known and prominent locality in Pune that is known for its lush greenery and cleanliness. To meet the needs of the residents, a number of commercial establishments have sprouted up in the area. Restaurants, retail outlets, a few nightclubs, and mini-shopping complexes are included. This posh area of Pune has now been transformed into a wholesome shopping and entertainment destination, attracting the city’s young office-going crowd.

Key points:

• Best Restaurants: Purphies, Malaka Spice, The Liquor Garage, Coriander Kitchen, Sorriso, Toscano, The Sassy Spoon, QORA- co*cktail Bar & Kitchen. Spice Factory, Publiq, Pimlico, Talli, Effingut Brewerkz, Savya Rasa, Zeera, Pune Sugar Box, Koji
• Best Cafes: Beetroot Bistro, Chaurahe Ke Paar, Chafa Cafe & Studio, The Divine Cafe, Cafe Durga, Jimmy’s Cafe & Bakery, Boho Boho Cafe, The Burger Barn Cafe, Cafe Peter
• Average Property Price: INR 12,464 per sq-ft.

3. Boat Club Road

Boat Club Road is located on Pune’s eastern outskirts and is known for its ultra-luxury housing societies. The area has become a popular residential destination for wealthy start-up owners due to its proximity to the Pune-Mumbai Highway and prominent IT areas in Pune. The majority of amenities, including the renowned Royal Connaught Boat Club, are within a two-kilometre radius. Because of the high demand for residential properties in the area, rentals are also very high, with a 2BHK flat fetching up to Rs 1 lakh depending on the facilities and interiors.

Key points:

• Best Restaurants: Sweet Bengal, The Place To Be Restaurant, Asia Kitchen By Mainland China, Rasida’s Kitchen, Blind Tiger
• Best Cafes: Cafe Peter, La Bouchee D’Or, Vohuman Cafe, The TTMM Cafe, Friends cafe
• Average Property Price: INR 12,372 per sq-ft.

4. Kothrud

Kothrud, is one of the most popular residential areas of Western Pune. It offers a mix of old-age tranquillity and new-age hustle and bustle. The Kothrud area is well-known for housing some of the most well-known Bollywood celebrities and sports personalities, including Radhika Apte, Mrinal Kulkarni, and Kedar Jadhav, among others. It is a prominent address that every home-seeker in Pune desires.

Key points:

• Best Restaurants: Jalsa Restaurant & Bar, Hippie @Heart, Code The Speakeasy Bar, Fusion Kitchen, Sailor’s And Co, The 3 Musketeers Sky Gallery, Swad Paratha House, Classico Kitchen & Bar, Global Punjabi, Janjira Seafood Restro,
• Best Cafes: Yin Yang Bistro, La Sicilia Bistro & Patisserie, Cafe Community, La Shaay Restro Cafe, Cafe Raahi, Pimlico, Waari Book Cafe, Granny Cake’s & Cafe, Community Cafe, Yolkshire, The Doner Company, Krazy Cafe
• Average Property Price: INR 10,200 per sq-ft.

5. New Kalyani Nagar

New Kalyani Nagar is an extension of Kalyani Nagar, and is experiencing significant residential and commercial growth. For a newcomer to the city, Kalyan Nagar is the best neighbourhood in Pune. New Kalyani Nagar is easily accessible to other popular areas of Pune. This location is among the best in Pune, and it is also close to the airport and railway station. It is also an IT hub, it has gained popularity among the IT crowd and has become the best area to live in Pune for families. Koregaon Park, another posh locality in Pune, is next door to New Kayani Nagar.

Key points:

• Best Restaurants: Barbeque Nation, HAPAA- Asian Stir, ABs- Absolute barbecues, Oceanic, Baan Tao- Exotic Oriental, Zayk-E-Awadh, Mineority By Saby, Eighty Eight, Mix, Raasta, FML- Food Music Love, The Houz, The Flour Works, Independence Brewing Company, Steakhouse Bar & Grill,
• Best Cafes: RocoMamas, Café Paashh, Café Columbia, Le Flamington, The Flour Works, 27 Deli, Sorted. Delicatessen, Scossa
• Average Property Price: INR 10,984 per sq-ft.

6. Erandwane

Erandwane is home to many film schools, including the renowned Film and Television Institute of India. This area is considered the most expensive in Pune, and it has grown significantly over the last 3-5 years. It is one of the most prestigious residential areas in Pune, with well-established amenities and infrastructure. Erandwane is the first choice of people looking to purchase large and luxurious villas. There are options for large bungalows, luxury apartments, housing complexes, and so on. It is very convenient to commute here because it is close to both the railway station and the airport.

Key points:

• Best Restaurants: Origins Oriental, Classico Kitchen & Bar, Rolls mania, Vishnuji Ki Rasoi, Roti Shoti Aur Kabab, Surmay
• Best Cafes: Nitrobuzz, Cafe Metromix, On The Woods, Coffee And Bread Art Cafe, Cafe creamyday, Cafe Bread N Butter,
• Average Property Price: INR 13,769 per sq-ft.

7. Senapati Bapat Road

Senapati Bapat Road is a well-known posh area in Pune, located on the west side of the city. It grew in popularity as a result of Symbiosis College. This is a straight street lined with malls, hospitals, temples, and tall buildings. The neighbourhood connects Aundh, Model Colony, Baner, Pashan, Pune University, Shivaji Nagar, and many other neighbourhoods. You can rent villas, bungalows, and apartments for a luxurious lifestyle.

Key points:

• Best Restaurants: Agent Jack’s Bar, SKYE at Eternia RoofTop, Tales & Spirits, Mainland China, High Garden, Shakahari, Spice Kitchen, Paasha,
• Best Cafes: The Poppa Cafe, Pune Baking Company, The Farm Life- Cafe & Store, Cafe SiAa, Kiosk Kaffee, Bistro Cafe, Cafe Deja Vu,
• Average Property Price: INR 13,229 per sq-ft.

8. Model Colony

Model Colony is located very close to the railway station, many other educational institutions, hospitals, schools, colleges, markets, malls, and so on. As a result, this is one of Pune’s most affluent neighbourhoods. Also, it has all the basic amenities covered. This is the first choice of home buyers because it has a large number of eateries, hotels, shopping malls, markets, theatres, and so on.

Key points:

• Best Restaurants: Oregano, South And More, Aroma, Eatsome, Bhai Jans, Mini Wok Oriental Kitchen, Rachana, Delhi Down Town
• Best Cafes: Shiroz Bistro, Bistro Nutrifood, Cafe Meet & Eat, Butter Brews Bistro, Sujata Mastani, New Poona Bakery
• Average Property Price: INR 15,155 per sq-ft.

Pune is a wonderful place to live because of its thriving IT sector, pleasant climate, tourism, educational opportunities, and much more! Its luxurious lifestyle, educational facilities, healthcare, eateries, etc have you well-covered. We hope you have a great time here!