Property Rates in Lulla Nagar, Pune

Property prices in Lulla Nagar have shown an upward trend in the micromarket rate over the past year. From ₹7,669 per sq ft in June 2025, the micromarket rate appreciated to ₹11,979 per sq ft by March 2026, marking a significant increase. The location rate remained at ₹0 per sq ft throughout this period.

Property rates vary significantly across neighborhoods in and around Lulla Nagar as of March 2026. Gangadham shows the highest average rate at ₹17,473 per sq ft, appreciating by 17.16%. Market Yard is also strong at ₹20,000 per sq ft with a 7.93% increase. In contrast, Nibm Road has seen a depreciation of 6.94% to ₹11,811 per sq ft, and Salisbury Park experienced a substantial depreciation of 26.88% to ₹14,286 per sq ft.

As of March 2026, the average price for apartments in Lulla Nagar is ₹9,120 per sq ft. This represents a depreciation of 2.17% compared to the previous period, suggesting a slight softening in apartment prices.

In Lulla Nagar, Ready To Move properties are priced higher than Under Construction properties as of March 2026. Ready To Move units average ₹9,983 per sq ft, showing a slight appreciation of 0.89%. Under Construction properties are priced at ₹8,510 per sq ft, with a minor depreciation of 0.37%.

As of March 2026, Bramhacorp Bramha Memories in Lulla Nagar leads with the highest listing rate at ₹17,681 per sq ft, appreciating by 24.35%. Bafna Arisha follows with a rate of ₹16,714 per sq ft. Other projects like New Front Isabella and Fly Essenciya also command premium rates above ₹15,000 per sq ft, with varying appreciation percentages.

The average rental rate in Lulla Nagar is ₹34 per sq ft as of March 2026. This average is derived from various micromarkets within the locality, with some areas like Netaji Nagar and Salisbury Park showing higher rental rates at ₹41 and ₹40 per sq ft respectively, while Nibm Annexe is at ₹30 per sq ft.

The data provided does not explicitly state the rental yield for Lulla Nagar. However, understanding rental yield is crucial for investors as it represents the annual return on investment from rental income relative to the property's value. A higher rental yield generally indicates a more attractive investment for income generation.

Rental rates in the Lulla Nagar area show variation across micromarkets as of March 2026. Netaji Nagar and Gultekdi command the highest average rents at ₹41 per sq ft, followed closely by Salisbury Park at ₹40 per sq ft and Gangadham at ₹39 per sq ft. Nibm Road has seen a depreciation of 7.89% in rental rates, currently averaging ₹35 per sq ft, while Nibm Annexe is at ₹30 per sq ft after a 6.25% depreciation.

As of March 2026, Anchorage Apartment in Lulla Nagar has the highest reported rental rate at ₹41 per sq ft. Other projects like Aditya Towers Lulla Nagar and Manikchand Malabar are also listed with a rental rate of ₹34 per sq ft. These rates reflect the demand and pricing for rental properties within specific projects in the locality.

The Government Registration Rate in Lulla Nagar is ₹9,329 per sq ft, while the average asking price is reported as ₹0 per sq ft as of March 2026. This significant difference suggests that the registered values are substantially higher than the current asking prices, which could be influenced by various market factors or data reporting nuances.

The provided data indicates 10 property transactions registered in Lulla Nagar between May 2025 and April 2026, with a gross value of ₹12 Cr. This suggests a moderate level of activity in the resale market. The average registered rate during this period was ₹9,350 per sq ft.

As of March 2026, 'Ready To Move' properties in Lulla Nagar are priced slightly higher than 'New Launch' properties. 'Ready To Move' units average ₹9,983 per sq ft with a 0.89% appreciation, while 'New Launch' properties are priced at ₹9,946 per sq ft, showing a 2.08% appreciation. Both segments indicate a stable to growing price trend.