Property Rates in Bhawani Peth, Pune 2026

Property prices in Bhawani Peth have shown a fluctuating trend throughout the recent quarters. As of Jun 2026, the micromarket rate stands at ₹16,650 per sq ft, up from ₹15,700 per sq ft in Mar 2026 and ₹16,150 per sq ft in Dec 2025. This upward movement from the previous quarter indicates a strengthening demand within the area.

Property rates in Bhawani Peth vary significantly when compared to surrounding areas in Pune. For instance, Sangamvadi commands a higher average asking price of ₹22,800 per sq ft, having appreciated by 14.22% over the observed period. Conversely, Fatima Nagar offers a more accessible entry point at ₹7,000 per sq ft, though it has seen a depreciation of 1.7%.

As of Jun 2026, Under Construction properties in Bhawani Peth are priced at an average of ₹15,600 per sq ft, which represents a significant 15.68% appreciation compared to previous data. In contrast, Ready To Move properties are currently priced at ₹12,700 per sq ft, having experienced a depreciation of 3.96% over the same period, reflecting distinct market dynamics between new supply and existing inventory.

Tej Nova leads the list of premium projects in Bhawani Peth with a current listing rate of ₹24,200 per sq ft, reflecting a notable 54.17% appreciation. Other prominent projects include Kumar Galaxy at ₹21,050 per sq ft (up 14.06%) and Mind Space MSR Regency at ₹17,600 per sq ft, which has seen a substantial appreciation of 65.65% as of Jun 2026.

Rental rates across the micromarkets surrounding Bhawani Peth are consistently positioned at ₹50 per sq ft as of Jun 2026. While the base rate is uniform, areas like Somwar Peth have seen significant rental growth, appreciating by 30.23%, while Gultekdi and Market Yard have also shown strong rental appreciation of 17.07% and 26.32% respectively, indicating robust demand for rental housing in these pockets.

The rental market in the vicinity of Bhawani Peth shows widespread stability in pricing, with most localities like Camp, Navi Peth, and Lulla Nagar maintaining an average rental rate of ₹50 per sq ft as of Jun 2026. The varying appreciation percentages, such as the 30.23% increase in Somwar Peth versus the 2% growth in Navi Peth, highlight that while the entry-level rental cost is similar, the growth trajectory of rental income differs based on the specific demand profile of each neighbourhood.

As of Jun 2026, the average asking price in Bhawani Peth is ₹10,300 per sq ft, while the Government Registration Rate is recorded at ₹8,300 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when calculating total acquisition costs and potential stamp duty liabilities.