Rental research

East Pune rental trends: Kharadi and Wagholi, 2021–2026

Published rental checkpoints for Kharadi and Wagholi, including a Kharadi asking-rent index, source dates, sample limits and the missing years.

Penthauz research desk · Reviewed 13 November 2026 · 7 min read

  • 01ANAROCK reported a 65% rise in Wagholi's standard 2 BHK rent from 2021-end to 2024-end.
  • 02Kharadi's published asking-rent checkpoints rose from ₹20,000 in Q2 2022 to ₹37,900 in Q1 2026.
  • 03Different samples and missing years mean the Kharadi index is a guide, not an official continuous series.

What this rental index covers

East Pune includes several distinct rental markets. This report focuses on Kharadi and Wagholi because public sources publish repeated figures for them. It does not claim to represent every home in Hadapsar, Viman Nagar, Kalyani Nagar, Wadgaon Sheri or neighbouring areas.

Asking rent is what a portal or researcher records from listings. Registered rent comes from leave-and-licence records. Achieved rent is what a tenant and owner finally agree. These can differ, and building, furnishing and unit size can move an average even when no individual rent changes.

Kharadi asking-rent checkpoints

Magicbricks published average asking rents for Kharadi in its top-searched locality tables. Setting the Q2 2022 figure to 100 gives a transparent way to compare the later published checkpoints.

Kharadi asking-rent index · Q2 2022 = 100
Q2 2022100

₹20,000 per month

Q4 2023130

₹26,000 per month

Q4 2024182.5

₹36,500 per month

Q1 2026189.5

₹37,900 per month

The index is calculated by Penthauz from the published Magicbricks figures below. It is not an official or continuous market index.

Source: Magicbricks Rental Index reports. Index calculated by Penthauz; Q2 2022 = 100.
Published periodAverage 2 BHK asking rentIndexPublished context
Q2 2022₹20,000/month100Unfurnished 2 BHK, about 900 sq ft
Q4 2023₹26,000/month1302 BHK in a top-searched locality table
Q4 2024₹36,500/month182.52 BHK in a top-searched locality table
Q1 2026₹37,900/month189.52 BHK in a top-searched locality table

Important limitation: the Q2 2022 report specifies an unfurnished 900 sq ft 2 BHK; the later tables do not repeat the same unit definition. The series can therefore reflect a different listing mix as well as market movement. No directly comparable 2025 figure was found, so no 2025 value has been inserted.

A separate JLL comment reported by the Times of India in January 2025 put Kharadi rental growth at 35–40% over the preceding three years. That is different from the portal checkpoint change and illustrates why the source and method matter.

Wagholi: the published five-year comparison

ANAROCK's comparison for a standard 1,000 sq ft 2 BHK placed Wagholi's average monthly rent at ₹14,200 at the end of 2021 and ₹23,500 at the end of 2024: a reported 65% increase over three years, not five annual observations.

ANAROCK standard-home and current quoted-range checkpoints
Source periodWagholi rentWhat it measures
2021-end₹14,200/monthAverage for a standard 1,000 sq ft 2 BHK
2024-end₹23,500/monthAverage for a standard 1,000 sq ft 2 BHK; 65% above 2021-end
Q3 2026₹20,000–₹31,000/monthQuoted range for a 1,000 sq ft 2 BHK; not an average

The Q3 2026 range should not be averaged and attached to the earlier series. It is shown separately as the latest published quoted range reviewed for this article.

Why registered Kharadi data is shown separately

Sanghvi Valuers publishes privacy-safe summaries of Kharadi registered leave-and-licence records. Its residential table has small yearly samples: 33 records in 2021, 30 in 2022, nine in 2023 and 21 in 2024. The share with usable area information is smaller still.

Those medians are valuable evidence of registered transactions, but a small and changing property mix can produce sharp jumps. This article therefore does not splice them into the Magicbricks asking-rent index or present them as a continuous Kharadi market index.

How renters and owners should use this

  • Renters: compare the exact building, carpet or built-up basis, furnishing, maintenance, deposit and lock-in—not only the headline rent.
  • Owners: use several current comparable listings and recent agreements; do not apply a 65% area figure directly to your flat.
  • Investors: calculate yield from achieved annual rent after vacancy, maintenance and other costs, not from an asking-rent index.

The latest public figures show that growth rates can slow even while rents remain higher than before. They do not establish a forecast for 2027.

Sources and further reading

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