Property Rates in Model colony, Pune

Property rates in Model Colony, Pune, have shown an upward trend over the past year. From ₹11,900 per sq ft in June 2025, the average rate increased to ₹13,250 per sq ft by March 2026 for the micromarket. The overall location rate saw a significant jump from ₹21,300 per sq ft in December 2025 to ₹23,150 per sq ft in March 2026.

Property prices vary across neighbourhoods near Model Colony, Pune. As of March 2026, Deccan Gymkhana has the highest average rate at ₹25,950 per sq ft, appreciating by 0.8%. Erandwane follows at ₹23,350 per sq ft with a 4.45% appreciation. Shivajinagar is priced at ₹22,950 per sq ft, up 1.33%, while Sangamvadi has seen a depreciation of 7.1% to ₹19,950 per sq ft. Sadashiv Peth shows a significant increase of 32.56% to ₹19,650 per sq ft.

In Model Colony, Pune, apartments are the predominant property type, with an average asking price of ₹23,150 per sq ft as of March 2026, showing an appreciation of 8.84%. Office spaces are also available, with an average price of ₹19,800 per sq ft, which has remained stable with no change percentage recorded.

In Model Colony, Pune, property prices vary significantly by construction status as of March 2026. 'New Launch' properties are priced at ₹24,650 per sq ft, appreciating by 7.7%, closely followed by 'Under Construction' at ₹24,550 per sq ft, which has seen a substantial 21.04% increase. 'Ready To Move' properties are priced at ₹18,600 per sq ft, up 13.11%, while 'Well Occupied' properties are at ₹16,800 per sq ft, showing a 16.67% rise, and 'Mid Stage' properties are at ₹16,150 per sq ft, with a notable 26.91% appreciation.

As of March 2026, the projects with the highest listing rates in Model Colony, Pune, include Yash Apartments Model Colony at ₹29,150 per sq ft, Chaphalkar Singh CHS at ₹28,250 per sq ft (appreciating by 9.53%), and Naman Eshaan at ₹27,350 per sq ft (appreciating by 31.85%). Other projects like Home Gulmohar and Chaphalkar Aarti Apartments also feature high listing rates.

The average rental rate in Model Colony, Pune, is ₹56 per sq ft as of March 2026, with no recorded change percentage. The area offers a rental yield of 2.90%. This yield indicates the potential return on investment for property owners based on current rental income relative to property values.

Rental rates in micromarkets near Model Colony, Pune, are generally consistent, with many areas averaging around ₹50 per sq ft as of March 2026 and showing no change. These include Shivajinagar, Senapati Bapat Road, Sadashiv Peth, and Gokhalenagar. This uniformity suggests a stable rental demand across these closely located neighbourhoods.

As of March 2026, projects in Model Colony, Pune, with the highest rental rates include Ahura Nishant at ₹73 per sq ft, Fortune Garud House Apartments at ₹65 per sq ft, and Swagat Classic at ₹64 per sq ft. These projects, while having varying current rental rates, all have an average rental rate of ₹50 per sq ft, indicating a premium positioning within the locality's rental market.

A rental yield of 2.90% in Model Colony, Pune, as of March 2026, suggests the annual rental income generated by a property relative to its capital value. For investors, this figure provides an indication of the property's income-generating potential. While the average asking price is ₹23,150 per sq ft and the average rent is ₹56 per sq ft, a 2.90% yield means that rental income alone might be a secondary consideration compared to potential capital appreciation for some investors in this area.

In Model Colony, Pune, 'Under Construction' properties are priced higher than 'Ready To Move' properties as of March 2026. 'Under Construction' units average ₹24,550 per sq ft with a 21.04% appreciation, while 'Ready To Move' units are priced at ₹18,600 per sq ft, having appreciated by 13.11%. This price difference reflects the market's premium on newly launched or under-construction inventory, potentially due to anticipated future value growth.