Rent Property in
Wakad, Pune
Find verified 1 BHK, 2 BHK and 3 BHK rental flats in Wakad — ideal for IT professionals near Hinjewadi. Zero brokerage and free assistance from Nexovastu.
Rs 12K+
Rent Starting
8 km
From Hinjewadi
0%
Brokerage
Why Wakad
Why Rent in Wakad, Pune?
Wakad is one of Pune's most popular rental destinations, especially for professionals working in Hinjewadi IT Park and surrounding commercial zones. Its position in the western belt of Pune puts it within easy reach of major employment hubs while offering a residential environment that is calmer and more practical than central city areas.
Rental demand in Wakad is driven by a consistent inflow of IT professionals, young families, and relocating employees. This steady demand has created a healthy rental market with a wide variety of options — from compact 1 BHK apartments for single occupants to spacious 3 and 4 BHK homes in premium gated societies.
Compared to neighbouring areas like Baner and Balewadi, Wakad often offers better value for money on rentals without compromising on connectivity or quality of life. Most residential projects in Wakad include amenities such as clubhouses, gyms, security, and parking — making them suitable for long-term tenancy.
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Close to Hinjewadi
Wakad is 8–10 km from Hinjewadi IT Park — one of the shortest commutes for tech professionals in Pune.
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Good connectivity
Multiple bus routes, cabs, and autos connect Wakad to Baner, Balewadi, Aundh, and the Mumbai–Pune Expressway.
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Schools & hospitals nearby
VIBGYOR High, Blue Ridge, Jupiter Hospital, and Aditya Birla Hospital are all within 5–10 minutes.
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Daily conveniences
D-Mart, Westend Mall, Xion Mall, pharmacies, cafes, and gyms are easily accessible across Wakad.
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Gated communities
Most rental properties in Wakad are in well-maintained gated societies with security, parking, and amenities.
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IT-friendly infrastructure
High-speed internet, co-working spaces, and modern apartments designed for working professionals.
Rental Options
Rental Configurations & Price Ranges
* Rental prices are indicative and vary by society, floor, furnishing, and current market conditions. Contact us for live availability.
Our Process
How Nexovastu Helps You Rent
Tell us what you need
Share your budget, BHK requirement, preferred locality within Wakad, and move-in date. We note every detail.
Get a verified shortlist
We send you a curated list of available rental properties matching your requirements — all verified by our team.
Schedule property visits
We arrange visits at your convenience including weekends. Our team accompanies you to every property.
Agreement & move-in
We help you review the rental agreement, negotiate terms with the landlord, and complete documentation smoothly.
Where to Rent
Popular Rental Areas in Wakad
Dange Chowk Road
High demand among Hinjewadi professionals. Good connectivity, cafes, and daily conveniences nearby.
Wakad–Hinjewadi Road
Shortest commute to Hinjewadi Phases 1 and 2. Many gated societies with modern amenities.
Wakad–Balewadi Link
Close to Balewadi High Street for dining and entertainment. Good schools and hospitals in the area.
Common Questions
Frequently Asked Questions
Is there any brokerage for renting through Nexovastu?
Nexovastu aims to provide zero or minimal brokerage rental assistance. Our focus is on helping tenants find the right property without unnecessary fees. Contact us to discuss current available options.
What is the average rent for a 2 BHK in Wakad?
A 2 BHK apartment in Wakad typically rents for Rs 20,000 to Rs 35,000 per month depending on the society, floor, furnishing level, and amenities. Furnished flats and those in premium gated communities command higher rents.
What documents are needed to rent a flat in Wakad?
Typically required: Aadhaar card, PAN card, last 3 months salary slips or bank statements, employment ID, and passport-size photographs. Some landlords may also ask for a letter from your employer.
How much security deposit is standard in Wakad?
The standard security deposit in Pune is 2–3 months of rent for unfurnished flats and 3–5 months for furnished ones. This is refundable at the end of the tenancy subject to no damage.
Is Wakad a good area for IT professionals to rent?
Yes — Wakad is one of the most preferred rental destinations for IT professionals in Pune. Its proximity to Hinjewadi Phases 1, 2, and 3, combined with good social infrastructure and reasonable rents compared to Baner, makes it a practical and popular choice.
What is the notice period for vacating a rental flat in Wakad?
Most rental agreements in Pune require 1–2 months notice period before vacating. This is specified in the leave and licence agreement signed at the time of moving in. Always read this clause carefully before signing.
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in Wakad?
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