Pune
The real estate landscape in Manjari is characterized by steady pricing and active development, balancing immediate occupancy needs with future growth potential. Current market data shows a consistent interest in residential apartments, with ready-to-move projects providing reliable options for those looking to settle quickly. The rental market is equally dynamic, offering an average yield of 4.21% and diverse unit configurations to suit different tenant profiles. Developers continue to focus on quality, as seen in the premium pricing of high-end projects that attract significant attention.
As of June 2026, the average asking price in Manjari is ₹10,250 per sq ft. This figure reflects an appreciation of 2.67% compared to the previous period, signaling sustained demand and positive market sentiment for residential apartments in this locality.
Property rates in Manjari have shown a fluctuating trajectory, moving from ₹10,400 per sq ft in September 2025 to ₹9,950 in December 2025, before rising to ₹10,250 in March 2026 and settling at ₹10,200 per sq ft as of June 2026. This trend indicates a resilient market that has successfully absorbed price adjustments, providing a stable environment for both end-users and long-term investors.
As of June 2026, Ready To Move properties in Manjari are priced at an average of ₹8,800 per sq ft, having appreciated by 3.21% over the observed period. In contrast, Under Construction projects command a higher premium at ₹11,950 per sq ft, which has seen a significant appreciation of 7.04%, reflecting buyer confidence in upcoming developments and the value of modern amenities in newer projects.
The current rental yield in Manjari stands at 4.21% as of June 2026, with an average rental rate of ₹36 per sq ft. This yield is a key metric for investors, as it represents the annual return on investment from rental income relative to the property's purchase price, suggesting a balanced income-generating potential for those looking to invest in this locality.
As of June 2026, rental rates in Manjari vary by configuration: Studio apartments average ₹16,500 per month, 1 BHK units average ₹17,150 per month, 2 BHK units average ₹24,750 per month, and 3 BHK units average ₹31,100 per month. These figures help tenants and landlords understand the market entry points for different family sizes and housing needs in the area.
As of June 2026, the top projects by rental rates in Manjari include ARG Eastern Elegance and Manjri Greens Annexe, both commanding ₹45 per sq ft. Other premium options include Godrej Park Ridge at ₹39 per sq ft (which saw a depreciation of 2.5% compared to the previous period) and Shiv Zen World at ₹34 per sq ft. These rates reflect the project-specific amenities and location advantages that attract tenants to these particular developments.
Rental rates across the broader region are consistently around ₹50 per sq ft in areas like Hadapsar, Kharadi, and Keshav Nagar as of June 2026. While Manjari maintains its own competitive rental structure, investors should note that surrounding hubs like Magarpatta Road have seen significant rental growth, such as a 41.86% increase, indicating high demand for rental housing in the wider Pune East micromarket.
Apartments in Manjari are currently priced at an average of ₹10,200 per sq ft as of June 2026. This rate has experienced a marginal depreciation of 0.51% compared to the previous period, which suggests a period of price consolidation in the apartment segment, offering potential buyers a stable entry point into the market.
As of June 2026, the projects with the highest listing rates in Manjari include Godrej Rivergreens at ₹14,950 per sq ft (up 27.16%) and Godrej River Crest at ₹14,650 per sq ft (up 19.53%). Other notable projects include Godrej Boulevard Manjri at ₹12,750 per sq ft, which has seen a substantial appreciation of 32.73%, highlighting the premium positioning of these developments within the locality.
Price appreciation, such as the 51.33% increase seen in Atharva Shrushti (currently at ₹10,900 per sq ft as of June 2026), generally signals strong demand and limited supply for specific high-value projects. Buyers should use these trends to gauge the growth potential of a project, while also considering that projects with stable or depreciating rates, such as Godrej Urban Retreat at ₹10,600 per sq ft (down 13.44%), may offer different value propositions depending on their investment goals.
