- 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.
₹20,000 per month
₹26,000 per month
₹36,500 per month
₹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.
| Published period | Average 2 BHK asking rent | Index | Published context |
|---|---|---|---|
| Q2 2022 | ₹20,000/month | 100 | Unfurnished 2 BHK, about 900 sq ft |
| Q4 2023 | ₹26,000/month | 130 | 2 BHK in a top-searched locality table |
| Q4 2024 | ₹36,500/month | 182.5 | 2 BHK in a top-searched locality table |
| Q1 2026 | ₹37,900/month | 189.5 | 2 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.
| Source period | Wagholi rent | What it measures |
|---|---|---|
| 2021-end | ₹14,200/month | Average for a standard 1,000 sq ft 2 BHK |
| 2024-end | ₹23,500/month | Average for a standard 1,000 sq ft 2 BHK; 65% above 2021-end |
| Q3 2026 | ₹20,000–₹31,000/month | Quoted 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
- Rental Index, April–June 2022Magicbricks Research · Kharadi table, page 28
- Rental Index, October–December 2023Magicbricks Research · Pune table, page 27
- Rental Index, October–December 2024Magicbricks Research · Pune table, page 27
- Rental Index, January–March 2026Magicbricks Research · Pune table, page 27
- India's top cities where rents have surged since 2021CNBC-TV18, reporting ANAROCK Research · 2021-end and 2024-end standard 2 BHK comparison
- Pune Q3 2026 Residential Market ViewpointsANAROCK Research · Latest Wagholi quoted range
- Employees and students back, rents soar across PuneTimes of India, including JLL commentary · Published 19 January 2025
- Kharadi registered rental dataSanghvi Valuers · Updated 22 July 2026; validated records through 2024