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Wakad is a rapidly growing residential suburb in western Pune, bordered by Hinjewadi, Tathawade, and Baner. The pin code of Wakad is 411057. This area houses mostly IT professionals and families, with Phoenix Mall of the Millennium serving as a major landmark. Families send children to Wisdom World School and visit Lifepoint Multispecialty Hospital for medical emergencies. The upcoming Wakad Chowk Metro Station on Pune Metro Line 3 is located directly within the locality. The Mumbai-Bengaluru Highway links the area to Chinchwad Railway Station, which is nine kilometres away. Property rates in 2026 average Rs. 7,500 to Rs. 9,800 per sq ft for multi-storey apartments, driven by the nearby Hinjewadi IT hub.
| Locality | Property Price per sq ft* |
|---|---|
| Wakad pune | Rs. 7,500 to Rs. 9,800 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 16,000 to Rs. 20,000 |
| 2 BHK for rent | Rs. 22,000 to Rs. 28,000 |
| 3 BHK for rent | Rs. 30,000 to Rs. 38,000 |
Wakad has transformed into a highly sought-after residential hub in western Pune due to its closeness to major IT corridors. Property values have shown steady growth, with buyer prices appreciating by 3.0% over the past year to reach Rs. 7,500 to Rs. 9,800 per sq ft. Simultaneously, the rental market has experienced a strong upward trend, registering a 10.1% annual increase. Monthly rentals now range from Rs. 16,000 to Rs. 38,000 depending on the society. This consistent demand from working professionals guarantees high occupancy rates and attractive yields for property investors. (* As of August 22, 2026)
Phoenix Mall of the Millennium is a prominent landmark in Wakad. Some more include:
Wakad is well-connected through Mumbai-Bengaluru Highway and the following roads:
Wakad Chowk Metro Station on the Pune Metro Line 3 is the closest public transit option, located 0.5 km away. Some more include:
The nearest railway station and airport are Chinchwad Railway Station, which is located 9 km away, and others:
Wakad is well-equipped with numerous top educational institutions, such as Podar International School and EuroSchool Wakad, along with:
Some reputed healthcare places near Wakad include Lifepoint Multispecialty Hospital, and others:
You can access Vision One Mall and Phoenix Mall of the Millennium easily from Wakad pune. Some more include:
These localities are located around Wakad:
Here are some of the major employment centres near Wakad:
The popular landmarks within Wakad are:


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