Avg. Rate
₹ 8,402/sq. ft
Locality Rating
9/10
Pimpri Chinchwad, a major industrial and residential hub, is part of the Pune Metropolitan Region in Maharashtra. Originally consisting of rural outskirts of Pune, it rapidly transformed into a planned urban center following India's independence, driven by post-1947 industrialization. The city's growth was further accelerated by the establishment of public sector units like Hindustan Antibiotics and private automotive giants, attracting a skilled workforce and fostering infrastructure development. Today, Pimpri Chinchwad is governed by the Pimpri Chinchwad Municipal Corporation (PCMC) and spans over 181 square kilometers. It forms a contiguous urban corridor with Pune, Khadki Cantonment, and Dehu Road, contributing significantly to the region’s economic output. The area hosts numerous MIDC industrial zones, making it a key player in Maharashtra’s manufacturing and automotive sectors. Real estate in Pimpri Chinchwad has seen consistent growth due to its affordability compared to central Pune, strong job connectivity, and improving civic amenities. With over 1,500 residential projects, the locality offers a wide range of housing options from budget apartments to premium townships, attracting both end-users and investors seeking value appreciation in a well-connected suburban node.
Region
Pune
City
Pune
District
Pune
State
Maharashtra
Population
Approximately 1.72 million as per the 2011 Census, with estimates suggesting growth to over 2 million by 2023 due to urban expansion.
Schools
4
Nearest Airport
Pune Airport (PNQ)
Strong employment opportunities in manufacturing and IT sectors
Well-developed civic infrastructure under PCMC
Good connectivity to Pune via Pune-Mumbai Highway and metro
Traffic congestion during peak hours on key roads like Pimpri-Ravet Road
Air quality concerns due to industrial emissions in certain pockets
Timeline
Average Rate
₹ 8,402/sq. ft
Average Price Range
₹ 2,450 – ₹ 10,300
Trend (5Y)
▲ 65%
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