Top Rental Income Areas in PCMC
If you’re planning to invest in real estate for rental income, location is everything. Among Pune’s thriving regions, Pimpri-Chinchwad (PCMC) has emerged as one of the most promising zones for rental returns. With rapid urbanization, IT hubs, and industrial growth, PCMC offers strong rental demand and stable appreciation potential.
In this blog, let’s explore the best areas for rental income in PCMC, expected yields, and what makes each suburb ideal for property investment in 2025.
Why PCMC is Ideal for Rental Income
PCMC is home to hundreds of manufacturing and IT companies, ensuring a steady tenant base year-round.
Connectivity is improving fast — with the new Pune Metro, Mumbai-Pune Expressway, and Hinjewadi IT Park nearby.
Entry costs are still relatively lower than Pune city, making it attractive for first-time investors.
📍 Best Rental Income Areas in PCMC
1.Kiwale
Kiwale is fast becoming a preferred rental hotspot in PCMC due to its excellent connectivity to Hinjewadi IT Park and the Mumbai–Pune Expressway. Property prices are still affordable, making it ideal for first-time investors. Rental demand is driven by IT employees and families seeking peaceful living near work hubs.
Average rental yield: 3.8–4.5%
Close to Punawale, Ravet, and Tathawade
Many RERA-approved projects offer good long-term returns
2. Ravet
Ravet is one of the fastest-growing residential zones in PCMC. Its affordable property rates and connectivity to the Mumbai-Pune Expressway make it a smart investment choice.
Ideal for long-term appreciation
Rental demand from professionals working in Pimpri, Chinchwad & Hinjewadi
Well-planned roads and growing infrastructure
3. Wakad
Wakad tops the list for rental income due to its proximity to Hinjewadi IT Park. The area attracts thousands of working professionals, giving consistent occupancy and rental yield.
Average rental yield: 4–5%
1 & 2 BHKs are in high demand
Excellent social infrastructure (schools, malls, metro connectivity)
4. Tathavde
Tathavde and punvale is rapidly emerging as a residential hub offering excellent returns for mid-budget investors. Close to Wakad and Tathawade, it has seen significant growth in the last five years.
Entry price is lower than Wakad, but rental yields are catching up
Consistent tenant inflow from nearby IT hubs
High appreciation potential in 2025
5.Hinjewadi (Edge of PCMC)
Technically part of Pune but highly relevant to PCMC rental demand, Hinjewadi remains the epicenter of rental activity.
Massive employment hub with 150,000+ professionals
Premium yields for well-maintained properties
Ideal for both short- and long-term investment
6.Baner
Baner is one of Pune’s most premium localities that also offers strong rental demand and steady appreciation. With its close proximity to Balewadi High Street and Hinjewadi IT Park, Baner attracts IT professionals, corporate tenants, and young families. Although property prices are higher than in other PCMC areas, rental returns remain impressive due to consistent occupancy.
Average rental yield: 4.5–5%
Premium location with top schools, malls, and cafés
High demand for 1 & 2 BHK rental flats among working professionals
💰 Rental Yield Expectations
PCMC rental yields are typically 3.2% to 5.2%, depending on the area, project quality, and tenant profile.
Here’s a general overview:
| Area | Avg. Rent (2 BHK) | Approx. Yield | Tenant Type |
|---|---|---|---|
| Wakad | ₹22,000–₹28,000 | 4.5–5% | IT Professionals |
| Ravet | ₹16,000–₹20,000 | 3.8–4% | Families, Students |
| Punawale | ₹15,000–₹18,000 | 3.5–4.2% | Mid-income tenants |
| Tathawade | ₹14,000–₹17,000 | 3.4–3.8% | Students, Working Couples |
📞 Looking to Invest in a Rental Property?
At Vastu Choice Properties, we help investors find RERA-approved flats that deliver strong rental returns in Pune’s PCMC region.
Let us guide you toward the right project for your goals.
Get in Touch with Vastu Choice Properties
Vastu Choice Properties — your trusted real estate consultant in Pune PCMC, offering RERA-approved flats, rentals, investments, and expert property guidance.