The heavy metal speciation analysis in sediments helps us understand and evaluate essential and unavoidable issues in terms of both health and environmental hazards imposed by these metals in our lives. Analyzing the total content of heavy metals enables us to understand only the quantity of the contaminants. To understand the different species or the chemical forms of heavy metals available in the sediments, we must study their speciation. Speciation studies help us determine their possible sources as well as their environmental stability in terms of availability to plants and other organisms. The heavy metals in this study were specified using four-stage sequential extraction, also known as the BCR technique. This study mainly highlights the quantification of metal contamination of Cu, Zn, Pb, Ni, Cd & Cr, and chemical forms as species in sediment samples collected from different Pune District, Maharashtra sites. Heavy metal contamination from the collected samples was analyzed with the use of flame atomic absorption spectrometry. This study indicated that Zn and Ni are among the most abundant metals in the sediment samples; however, Cu and Cd belong to the least abundant category. The oxidizable and residual forms (immobile and cannot be used by the organisms readily) appeared dominant for most heavy metals. Very significant differences were observed in the speciation of heavy metals from sample to sample, which was probably due to differences in water/soil composition and the agrochemicals like pesticides, weedicides, and fertilizers used in agricultural practices; the wastewater generated from different pharmaceuticals, chemical processing and manufacturing industries as well as the improper wastewater treatment methods.