Pune
Koregaon Park continues to be a premium residential destination in Pune, characterized by a steady average asking price of ₹15,050 per sq ft. The market exhibits a healthy mix of ready-to-move and under-construction projects, catering to both immediate occupiers and long-term investors. Rental activity remains robust, with an average rental rate of ₹54 per sq ft and a notable rental yield of 4.31%. Government registration data reflects active market participation with 43 transactions recorded recently. The area shows a balanced supply chain, with established projects setting high value benchmarks for the region.
The average asking price in Koregaon Park is ₹15,050 per sq ft as of March 2026. This figure reflects a depreciation of 3.46% when compared to previous market periods, indicating a slight softening in price expectations within this premium locality.
Property prices in Koregaon Park have shown a mixed trajectory leading up to March 2026. The average asking price stood at ₹15,050 per sq ft in March 2026, down from ₹15,550 per sq ft in December 2025, following a period of fluctuation that saw prices at ₹15,250 per sq ft in September 2025 and ₹15,700 per sq ft in June 2025. This quarter-over-quarter movement suggests a period of price consolidation for the area.
As of March 2026, the average asking price in Koregaon Park is ₹15,050 per sq ft, which sits above the Government Registration Rate of ₹11,750 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common characteristic in established, high-demand residential hubs where premium amenities and location value command a significant market premium.
As of March 2026, Ready To Move properties in Koregaon Park are priced at an average of ₹15,600 per sq ft, having appreciated by 6.77% over the observed period. In contrast, Under Construction projects command an average of ₹17,000 per sq ft, which has seen a notable appreciation of 18.29%. The higher price point for under-construction units often reflects the inclusion of modern specifications and newer project launches in the area.
Rental rates in Koregaon Park vary by unit size, with 1 BHK apartments averaging ₹25,000 per month, 2 BHK units at ₹41,200 per month, 3 BHK units at ₹55,550 per month, and 4 BHK units at ₹62,000 per month as of March 2026. These figures provide a clear range for tenants and investors, showing how monthly rental income scales with the size and configuration of the property.
The rental yield in Koregaon Park is 4.31% as of March 2026, supported by an average rental rate of ₹54 per sq ft. This yield represents the annual rental income relative to the property's capital value, serving as a key metric for investors looking to balance capital appreciation with consistent monthly cash flow in this established residential market.
As of March 2026, premium rental projects in Koregaon Park include Sham Sharan at ₹63 per sq ft, followed by Clover Dale, Karia Konark Residency, and Goel Ganga Fortune, all averaging ₹61 per sq ft. Notably, Clover Dale has seen a significant rental appreciation of 35.56% compared to prior periods, highlighting the strong demand for well-maintained residential complexes in the locality.
Property prices in Koregaon Park are segmented by type, with showrooms currently averaging ₹61,600 per sq ft, which has remained stable. Villas are priced at ₹23,200 per sq ft, reflecting a depreciation of 18.25%, while apartments are the most common residential asset, priced at ₹15,050 per sq ft with a depreciation of 3.46% as of March 2026.
The projects with the highest listing rates in Koregaon Park include Jhamtani Biz Core at ₹23,850 per sq ft and Godrej Skyline at ₹22,800 per sq ft, the latter of which has appreciated by 32.39% as of March 2026. These projects represent the premium segment of the local market, often attracting buyers looking for high-end amenities and strategic positioning within the city.
A buyer should view the current average asking price of ₹15,050 per sq ft in March 2026 as a reflection of a mature, high-value market. With Ready To Move properties showing a 6.77% appreciation and Under Construction properties showing an 18.29% appreciation, the data suggests that while the overall market has seen a slight correction of 3.46%, specific segments—particularly new or premium developments—continue to demonstrate strong growth potential.
