Choosing yield vs appreciation, exit liquidity, micro-market signals.
Quick answer
Pune residential yields run 2.5–3.5% gross (well-bought Hinjewadi / Wagholi / Magarpatta units can do 3.5–3.8%). Commercial 6–9%. Appreciation 6–9%/year average, higher when infrastructure unlocks.
Yield vs appreciation matrix
For yield: Hinjewadi Phase 2, Wakad, Wagholi, Magarpatta. For appreciation: pre-metro Mahalunge, post-ring-road Wagholi, central-rim Mundhwa. For both: Kharadi.
Exit liquidity check
Before buying, ask: would a salaried buyer want this unit in 4 years? If only an investor, exit is shallow. Stick to corridors with end-user demand.
Frequently asked questions
What is a good rental yield in Pune?
2.5–3.5% gross is normal for residential, 6–9% for commercial. Yields >3.5% on residential need a closer look — they often signal a stressed corridor.