A Complete Guide Renting 3 BHK Apartments in Pune: Tips, Prices, and Best Locations
Renting a 3BHK flat in Pune has become a common housing choice for families, working professionals, and students alike. Pune’s growing reputation as a tech and education hub has brought a consistent demand for spacious rental housing. A 3BHK apartment — offering three bedrooms, a hall, and a kitchen — provides comfort and flexibility, especially for nuclear or joint families.
As of 2025, areas like Wakad, Baner, Kharadi, Hinjewadi, and Hadapsar continue to attract renters due to their proximity to IT parks, schools, hospitals, and malls. The rental market for 3BHK units is active in both central and suburban parts of Pune, with rates varying widely depending on amenities, locality, and connectivity.
Why Renting a 3BHK in Pune Matters
Who It Affects
Families: Need extra space for children and parents
Professionals: Share with colleagues to reduce costs
Students: Prefer shared living in locations near colleges
Migrants: Those moving to Pune for jobs often choose 3BHKs for shared living
Key Reasons for Demand
Work-life balance: Pune offers a better quality of life than metros like Mumbai or Bangalore.
Affordability: Pune offers competitive rent prices compared to other metro cities.
Infrastructure: Well-connected by road, metro construction in progress, and growing public services.
Problems It Solves
Overcrowded living: More rooms mean personal space for each member.
Cost-effective sharing: A 3BHK can be split among 3–5 tenants, lowering rent per person.
Multi-functional space: Extra rooms can serve as home offices or guest rooms.
Rental Market Trends and Updates (2024–2025)
Rent Prices
| Area | Average Monthly Rent | Key Features |
|---|---|---|
| Wakad | ₹30,000 – ₹45,000 | Near IT hub, new residential projects |
| Baner | ₹35,000 – ₹50,000 | High-end locality, cafes, schools |
| Kharadi | ₹30,000 – ₹50,000 | Close to EON IT Park, growing rapidly |
| Hadapsar | ₹25,000 – ₹40,000 | Proximity to Magarpatta, malls |
| Hinjewadi | ₹28,000 – ₹45,000 | IT corridor, affordable gated societies |
Market Movements
Rental appreciation: 3–6% annual increase observed in prime areas
More gated societies: Tenants now prefer societies with 24x7 security, power backup, and amenities
Furnished demand: A shift toward semi- or fully-furnished 3BHK units
Laws, Policies, and Rental Agreements in Pune
Understanding the legal side is essential before renting a 3BHK.
Rental Agreement Requirements
Must be in writing and typically for 11 months
Must be registered at a local registrar office
Must mention rent amount, security deposit, maintenance fees, and termination clause
Security Deposit Norms
Typically 2 to 3 months' rent in Pune
Refundable at the end of the lease, provided there’s no damage
Maharashtra Rent Control Act, 1999
Landlords must not hike rent arbitrarily
Tenants have the right to live peacefully without frequent eviction threats
Rent receipts must be provided monthly
RERA Maharashtra (Real Estate Regulatory Authority)
While RERA mainly governs property buying, it also indirectly ensures that the rented apartment in a registered project follows transparency in builder policies and handover timelines.
Useful Tools and Resources for Renters
Technology and legal services have made renting smoother and more transparent.
Online Rental Portals
99acres.com – Advanced search by area, furnishing, and price
MagicBricks.com – Verified listings and broker ratings
Housing.com – Offers 3D views and map-based filtering
NoBroker.in – Connects tenants directly with landlords
Rental Agreement Services
LegalDesk
RentMantra
NoBroker’s Agreement Service
These allow users to create online rent agreements, schedule e-signatures, and book registration appointments.
Mobile Apps
PinHouse – For roommate finding and rent splitting
Trovit Homes – Aggregates listings from multiple sites
Google Maps – Crucial for checking area safety, shops, schools, and commutes
Frequently Asked Questions (FAQs)
Q1: What is the average rent for a 3BHK in Pune?
It varies by area. Budget areas like Hadapsar or Wagholi offer 3BHKs starting at ₹25,000/month, while premium zones like Koregaon Park can go up to ₹70,000 or more.
Q2: Is it better to go through an agent or find listings online?
Both have pros and cons. Agents help negotiate and handle paperwork, but charge 1–2 months’ rent as commission. Online platforms offer direct listings but require careful verification.
Q3: What documents are needed to rent a 3BHK flat in Pune?
Aadhar Card or other valid ID proof
PAN Card
Recent passport-size photo
Employment proof or student ID
Police verification form (required in some societies)
Q4: Can I sublet one of the rooms in my rented 3BHK?
Only if the rental agreement permits it. Unauthorized subletting may lead to eviction or legal issues. Always get landlord consent in writing.
Q5: What are common extra costs apart from rent?
Monthly maintenance fees (₹1,000–₹5,000 based on society)
Electricity and water bills
Parking fees (if not included)
Brokerage fees (if applicable)
Furniture rental (for unfurnished units)
Final Thoughts
Renting a 3BHK in Pune continues to be a smart housing choice for many due to its flexibility, space, and value for money. With a clear understanding of rental trends, legal obligations, and available tools, tenants can make informed decisions. Whether you are relocating, upgrading, or sharing with flatmates, Pune offers a diverse rental landscape suitable for varied needs.
Keeping up with recent real estate changes and using online tools can ease the process and ensure legal safety. Always review your rental agreement thoroughly and understand your rights as a tenant under local laws.