Pune rental index: the five-year picture, 2022–2026

There is no single official Pune-wide residential rental index with a consistent public annual series for 2022–2026. Portal indices use their own listings and searches, while consultancies may quote different unit sizes or localities.

This page therefore reports the published change for each year and leaves the methods visible. It does not multiply quarterly and annual figures together or invent missing annual values. The result is a five-year evidence table rather than a synthetic Pune index.

Magicbricks' Q1 2025 reporting put the average rent for a 1,000 sq ft Pune home at ₹31,439 per month, compared with ₹27,951 in Q4 2024. That was a reported 12.5% quarterly increase. These are portal averages, not a valuation for a particular home.

In the Q1 2026 report, the average across Magicbricks' sought-after Pune localities was approximately ₹32,900 for a 2 BHK and ₹51,400 for a 3 BHK. That is a different locality and configuration mix, so it should not be used as the next point in the 1,000 sq ft city series.

The first part of the period included the return to offices and education after pandemic restrictions. Later reports continued to show rising rents, but the rate of increase moderated. NoBroker's 2026 comparison put Pune at 6%, down from 7% in the previous cycle and a 10–15% annual range during 2021–2024.

Slower growth does not mean rents fell. A 6% increase still leaves the average higher than the previous year. Nor does a city average describe every neighbourhood: East Pune's employment corridors can move differently from central, southern or western areas.

• Start with current listings in two or three acceptable buildings, not only a city average.
• Separate base rent from maintenance, furnishing premium, parking, deposit and moving costs.
• Ask when the rent last changed and what the proposed escalation and lock-in are.
• At renewal, compare the proposed increase with similar available homes before negotiating.

For owners, gross yield is annual rent divided by total acquisition cost. Net yield also accounts for vacancy, maintenance, repairs, taxes and other ownership costs. An asking-rent index alone provides neither figure.

Magicbricks defines rental demand as searches and supply as active listings on its platform. Its locality tables and city averages can cover different configurations and sizes. NoBroker's annual figures come from its own market research. These sources measure market activity, not every registered rental agreement in Pune.

We reviewed reports available on 13 November 2026. Where a consistent annual figure was unavailable, the table uses the nearest published checkpoint and names its exact period. Nothing has been back-filled.