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Property Rates in Lulla Nagar, Pune

Comprehensive Market Snapshot

Lulla Nagar in Pune presents a dynamic real estate landscape with an average asking price of ₹9,120 per sq ft, closely aligning with the registration rate of ₹9,329 per sq ft, indicating a stable market. The quarter ending March 2025 saw the location's rate at ₹9,120 per sq ft, notably outperforming the micromarket rate of ₹7,532 per sq ft. While direct rental data for Lulla Nagar is not specified, nearby areas like Nibm Road command average rental rates of ₹39 per sq ft. This robust activity is supported by significant government registrations and strong performance in premium projects.

  • The asking price in Lulla Nagar stands at ₹9,120 per sq ft, with the registration rate at ₹9,329 per sq ft.
  • The Mar 2025 quarter shows Lulla Nagar's rate at ₹9,120 per sq ft, significantly higher than the micromarket's ₹7,532 per sq ft.
  • Ready To Move properties dominate the market with 33 units, averaging ₹9,983 per sq ft.
  • Bramhacorp Bramha Memories is a top project, commanding ₹17,681 per sq ft with a robust 24.35% increase.
  • Government registrations recorded 16 transactions totaling ₹19 Cr between Apr 25 and Mar 26, at an average of ₹9,350 per sq ft.

  • Asking Sale Price₹ 9,120 /sq.ft
  • Govt. Registration Prices₹ 9,329 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Other Property Rates

Insights for Lulla Nagar, Pune Real Estate Market

Lulla Nagar, Pune, demonstrates a resilient property market characterized by a competitive asking price of ₹9,120 per sq ft, aligning closely with the registration rate of ₹9,329 per sq ft. The market's performance in the Mar 2025 quarter, with a location rate of ₹9,120 per sq ft, notably exceeded the broader micromarket average of ₹7,532 per sq ft. While specific rental yields for Lulla Nagar are not detailed, adjacent localities like Nibm Road show promising rental rates of ₹39 per sq ft, with some areas like Kondhwa experiencing rental adjustments. The government registration data highlights a healthy transaction volume, reinforcing investor confidence in the area.

  • Lulla Nagar's asking price of ₹9,120 per sq ft positions it competitively, especially when compared to nearby Market Yard at ₹19,437 per sq ft or Salisbury Park at ₹17,979 per sq ft.
  • Apartments in Lulla Nagar average ₹9,120 per sq ft, despite a slight decline of -2.17%, indicating a stable segment within the property type.
  • The Ready To Move segment is the most active with 33 units at ₹9,983 per sq ft, while New Launch projects also show positive momentum with a 2.08% price increase.
  • Top projects like Bramhacorp Bramha Memories lead the premium segment with prices reaching ₹17,681 per sq ft and a significant 24.35% growth, showcasing high-value investment opportunities.
  • Rental rates in surrounding areas vary, with Nibm Road seeing a 2.63% increase to ₹39 per sq ft, contrasting with declines in Nibm Annexe (-3.12%) and Kondhwa (-8.57%).

Market Strengths Market Strengths
  • Lulla Nagar's asking price of ₹9,120 per sq ft is competitive and holds well against a registration rate of ₹9,329 per sq ft.
  • The locality's property rate for Mar 2025 stands at ₹9,120 per sq ft, notably higher than the micromarket's ₹7,532 per sq ft.
  • Ready To Move properties are abundant (33 units) and show a positive price change of 0.89%.
  • New Launch projects are experiencing a 2.08% price increase, indicating fresh market confidence.
  • Bramhacorp Bramha Memories, a top project, boasts a strong current rate of ₹17,681 per sq ft and an impressive 24.35% growth.
  • The government registration data shows 16 transactions worth ₹19 Cr, reflecting a healthy and active sales market.
  • Nibm Road, a nearby area, exhibits a positive rental rate change of 2.63% at ₹39 per sq ft.
Market Challenges Market Challenges
  • Salisbury Park, a nearby locality, experienced a substantial -7.98% decline in average rates.
  • Wanwadi also saw a -2.49% decrease in its average rates.
  • Under Construction projects in Lulla Nagar recorded a slight price dip of -0.37%.
  • The apartment segment in Lulla Nagar has seen a minor decline of -2.17%.
  • Rental rates in Nibm Annexe and Kondhwa show negative trends, with declines of -3.12% and -8.57% respectively.
Investment Opportunities Investment Opportunities
  • Lulla Nagar's asking price of ₹9,120 per sq ft is significantly below some prime neighbors, offering relative affordability.
  • The location's rate of ₹9,120 per sq ft in Mar 2025 outperformed the micromarket rate of ₹7,532 per sq ft, indicating strong local demand.
  • Ready To Move properties, with 33 units and an average price of ₹9,983 per sq ft, offer immediate possession and stable value.
  • New Launch projects show positive growth of 2.08% at ₹9,946 per sq ft, suggesting future appreciation potential.
  • Bramhacorp Bramha Memories has seen a remarkable 24.35% price increase, making it a high-growth project.
  • Nearby Nibm Annexe and Kondhwa have seen significant price increases of 23.42% and 18.48% respectively, pointing to potential spillover growth.
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Property Price Trends in Lulla Nagar, Pune

Asking Price Trends

For the quarter ending Mar 2025, Lulla Nagar's property rates stood at ₹9,120 per sq ft. This rate demonstrates a strong performance for the locality, significantly outpacing the broader micromarket's average rate of ₹7,532 per sq ft. The quarter's trend indicates Lulla Nagar is maintaining a premium position within its larger market.

Quarter City Rate
Dec 2025 0
Sep 2025 0
Jun 2025 0
Mar 2025 9120
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Price Trends by Property Type

Lulla Nagar's real estate market primarily features apartments, which currently average ₹9,120 per sq ft. This segment has experienced a slight adjustment with a -2.17% change. Despite this minor dip, apartments remain a fundamental offering, catering to a wide range of buyers looking for residential options in the locality.

Type Rate (₹/sq.ft) Change %
Apartment 9,120 -2.17
Price Trends by Project Status

The Lulla Nagar market offers properties across various development stages, catering to different buyer needs. Ready To Move properties are the most abundant, with 33 units available at an average price of ₹9,983 per sq ft, showing a modest 0.89% increase. Under Construction projects present 5 opportunities, averaging ₹8,510 per sq ft, though they have seen a slight -0.37% decline. Meanwhile, New Launch projects, with 4 units, are priced at ₹9,946 per sq ft and have experienced a positive 2.08% growth.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 37 9,835 0.81
Under Construction 5 8,510 -0.37
New Launch 4 9,946 2.08
Price Trends by Localities

Lulla Nagar's average asking price of ₹9,120 per sq ft positions it as an accessible yet promising market within Pune. This rate is notably lower than premium neighbors like Market Yard, which commands ₹19,437 per sq ft, and Salisbury Park at ₹17,979 per sq ft. However, it is competitive with Wanwadi at ₹10,266 per sq ft and Kondhwa at ₹10,488 per sq ft. Nearby Nibm Annexe has seen a remarkable 23.42% increase, averaging ₹11,220 per sq ft, signaling strong growth potential in the vicinity.

Location Rate (₹/sq.ft) Change %
Gangadham 14,914 -
Nibm Road 12,766 0.6
Salisbury Park 17,979 -8
Market Yard 19,437 4.9
Gultekdi 16,028 3.5
Nibm Annexe 11,220 23.4
Guru Nanak Nagar 16,997 10.9
Wanwadi 10,266 -2.5
Nibm 11,200 1.9
Kondhwa 10,488 18.5

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Lulla Nagar are commanding significant asking prices, reflecting their quality and location. Leading the segment, Bramhacorp Bramha Memories is priced at an impressive ₹17,681 per sq ft, having seen a substantial 24.35% increase. Bafna Arisha follows with a strong ₹16,714 per sq ft. New Front Isabella and Fly Essenciya also feature prominently, both hovering around ₹15,200 per sq ft, with New Front Isabella showing a 7.4% rise and Fly Essenciya a 6.57% increase. These projects exemplify the high-value offerings in Lulla Nagar.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Bramhacorp Bramha Memories 17,681 24.4
Bafna Arisha 16,714 -
New Front Isabella 15,271 7.4
Fly Essenciya 15,221 6.6
Suyog Crystal 15,221 6.6
Maruti Kripa Apartment 15,167 -
Nyati Elenor 13,484 0.8
Manikchand Malabar 11,864 -
Aditya Highland Winds 9,710 3.4
Moti Mansion 9,499 -

Government Registration in Lulla Nagar, Pune

  • Sales Transactions16
  • Gross Sales Value₹ 19 Cr
  • Registered Rate₹ 9,350 /sq.ft

Official registration data reveals robust transaction activity in Lulla Nagar. Between April 2025 and March 2026, the market recorded 16 transactions with a gross value of ₹19 Cr. The average registered rate for these properties stood at ₹9,350 per sq ft, indicating a healthy and active sales environment in the locality.

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