Property Rates in Nagar Road, Pune 2026

The micromarket rate in Nagar Road has shown fluctuations throughout 2026, moving from ₹13,400 per sq ft in Mar 2026 to ₹14,100 per sq ft in Jun 2026, before settling at ₹13,800 per sq ft as of Sep 2026. This trajectory reflects a dynamic market where pricing adjustments occur in response to local demand and supply shifts.

Property prices vary significantly across the vicinity of Nagar Road, with Kalyani Nagar commanding the highest average asking price at ₹26,450 per sq ft, having appreciated by 16.79% over the relevant period. In contrast, areas like Vishrantwadi are more accessible, with an average asking price of ₹9,650 per sq ft, though this area has seen a depreciation of 17.29% compared to the previous period. Other notable areas include Sangamvadi at ₹22,800 per sq ft (up 14.22%) and Dhanori at ₹9,750 per sq ft (up 0.32%).

Ready To Move properties in Nagar Road are currently priced at an average of ₹11,700 per sq ft as of Sep 2026, reflecting an appreciation of 3.75% compared to the previous period. Meanwhile, the general apartment category in the locality is priced at ₹10,000 per sq ft, which has experienced a depreciation of 9.37% over the same timeframe. This price gap often highlights the premium buyers are willing to pay for immediate possession versus under-construction or older inventory.

Gulmohar Manor is a prominent project in Nagar Road with a current listing rate of ₹11,700 per sq ft as of Sep 2026. This rate has appreciated by 3.75% compared to the previous period, signaling sustained interest in this specific residential development.

Across the various neighbourhoods near Nagar Road, the typical rental rate is consistently observed at ₹50 per sq ft as of Sep 2026. While the rate is uniform, the market dynamics differ; for instance, Ganesh Nagar has seen an appreciation of 8.11% in rental rates, whereas areas like Yerawada and Koregaon Park have experienced depreciations of 2% and 3.28%, respectively, reflecting localized shifts in tenant demand.

Investors looking at the Nagar Road vicinity should note that while the average rental rate is ₹50 per sq ft across multiple sub-markets like Shastrinagar, Kalyani Nagar, and Koregaon Park, the growth trends are mixed. For example, while Ganesh Nagar shows a positive rental appreciation of 8.11%, other established areas like Koregaon (down 5.36%) and Shastrinagar (down 1.72%) have seen recent rental depreciation. This suggests that rental income potential is highly sensitive to the specific micro-location and current tenant preferences rather than a uniform trend across the entire corridor.