Pune
The real estate landscape along Airport Road has experienced a notable shift, with average property prices climbing to ₹10,200 per sq ft. This upward momentum is largely driven by a strong appetite for residential apartments, which have recorded a substantial 42.6% growth. The rental market remains stable, with many surrounding localities maintaining an average rental rate of ₹50 per sq ft, providing reliable income potential for property owners. Localities like Yerawada and Tingre Nagar continue to serve as key anchors in this micromarket, offering varied choices for prospective residents.
As of March 2026, the average asking price in Airport Road is ₹10,200 per sq ft. This rate has remained stable, showing no change in value during the most recent assessment period.
Property prices in the Airport Road micromarket have shown a distinct upward trajectory, reaching ₹13,400 per sq ft as of March 2026. This reflects a significant increase from the ₹10,400 per sq ft recorded in June 2025, signaling growing demand and a robust real estate environment in this corridor over the last nine months.
Property rates vary significantly across the vicinity of Airport Road. As of March 2026, premium areas like Boat Club Road command the highest rates at ₹24,700 per sq ft, while more accessible options like Dhanori are priced at ₹9,700 per sq ft. Other notable neighbourhoods include Kalyani Nagar at ₹22,650 per sq ft, which saw a depreciation of 2.62% compared to previous periods, and Yerawada, which has experienced a substantial appreciation of 58.05%.
Apartments remain the primary residential asset class in Airport Road, with an average asking price of ₹10,200 per sq ft as of March 2026. This segment has demonstrated strong market performance, having appreciated by 42.6% compared to earlier tracking periods, reflecting high buyer interest in apartment-style living in this location.
Rental rates in the areas surrounding Airport Road are currently consistent at ₹50 per sq ft across most localities, including Shastrinagar, Yerawada, and Vishrantwadi, where rates have remained stable. However, Sakore Nagar stands out with a notable rental appreciation of 15.91% compared to previous cycles. Conversely, Kalyani Nagar has seen a rental depreciation of 6.67%, suggesting a slight softening in rental demand or an adjustment in supply-side pricing in that specific pocket.
Investors looking at the Airport Road vicinity should note that while many localities maintain a steady rental rate of ₹50 per sq ft, the varying appreciation trends indicate localized demand shifts. For instance, the 15.91% appreciation in Sakore Nagar highlights a potential growth area for rental income, whereas the 6.67% depreciation in Kalyani Nagar suggests that investors should carefully evaluate current vacancy levels and competition before making acquisition decisions in that specific neighbourhood.
Users can leverage this data to benchmark property values against the broader Airport Road market and its surrounding neighbourhoods. By observing the trend from June 2025 to March 2026, buyers can identify whether a specific area is experiencing price appreciation, which may indicate long-term value growth, or depreciation, which might offer a better entry point for value-conscious investors. Always compare the average asking price of ₹10,200 per sq ft against your budget and the specific growth trajectory of the chosen micromarket.
