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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Pimple Nilakh is a premium residential locality situated in the western part of Pune, bordering Baner, Aundh, and Pimple Saudagar. The pin code of Pimple Nilakh is 411027. This peaceful suburb primarily houses IT professionals and families, with the scenic Mula River and Jagtap Dairy serving as prominent local landmarks. Residents frequently send their children to Lexicon Kids and visit Umarji Mother and Child Care Hospital for medical needs. Balewadi Phata Metro Station on Pune Metro Line 3 is the nearest transit point, located just 2 km away. Key routes like New DP Road link the area to Pune Junction Railway Station, which is a 40-minute drive. The 2026 average property rate ranges from Rs. 7,500 to Rs. 10,500 per sq ft, dominated by multi-storey apartments driven by IT hub employment.
As of August 22, 2026, the property rate in Pimple Nilakh ranges between Rs. 7,500 to Rs. 10,500 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Pimple Nilakh pune | Rs. 7,500 to Rs. 10,500 |
*The property rate is subject to change.
As of August 22, 2026, the rental cost in Pimple Nilakh is between Rs. 16,000 and Rs. 35,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 16,000 to Rs. 19,000 |
| 2 BHK for rent | Rs. 20,000 to Rs. 25,000 |
| 3 BHK for rent | Rs. 28,000 to Rs. 35,000 |
*The rental rate is subject to change.
Property market trends in Pimple Nilakh show steady demand despite minor fluctuations. The average buyer price range for residential apartments sits between Rs. 7,500 and Rs. 10,500 per sq ft, reflecting a year-on-year sale price decline of 6.7% in 2026. Conversely, the rental market remains highly active due to the influx of working professionals. Monthly rental rates range from Rs. 16,000 to Rs. 35,000 depending on the configuration, showing a healthy rental appreciation of 5.0% over the past year. This makes the area highly attractive for long-term rental yields. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Jagtap Dairy Chowk is a prominent landmark in Pimple Nilakh. Some more include:
Pimple Nilakh is well-connected through New DP Road and the following roads:
Balewadi Phata Metro Station on the Pune Metro Line 3 is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Pune Junction Railway Station, which is located 12 km away, and others:
Pimple Nilakh is well-equipped with numerous top educational institutions, such as Lexicon Kids and Mount Litera Zee School, along with:
Some reputed healthcare places near Pimple Nilakh include Umarji Mother and Child Care Hospital, and others:
You can access Westend Mall and Balewadi High Street easily from Pimple Nilakh pune. Some more include:
These localities are located around Pimple Nilakh:
Here are some of the major employment centres near Pimple Nilakh:
The popular landmarks within Pimple Nilakh are:


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Excellaa Kalyanee Fortune Properties has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
