Property Rates in Narayan Peth, Pune 2026

Property price trends in Narayan Peth have shown fluctuations over the past year, with the micromarket rate recorded at ₹15,950 per sq ft as of September 2026. The rate moved from ₹16,150 per sq ft in December 2025 to ₹15,700 per sq ft in March 2026, climbed to ₹16,650 per sq ft in June 2026, and subsequently adjusted to the current level, reflecting a dynamic market environment.

Property rates in Narayan Peth are generally more accessible compared to several surrounding areas in Pune. For instance, as of September 2026, Deccan Gymkhana commands a higher average rate of ₹26,650 per sq ft, having appreciated by 2.63% compared to previous periods. Other nearby areas like Erandwane and Shivajinagar are priced at ₹23,250 per sq ft and ₹22,400 per sq ft respectively, though both have seen minor market corrections, with rates depreciating by 0.37% and 2.39% respectively.

As of September 2026, Ready To Move properties in Narayan Peth are priced at an average of ₹15,050 per sq ft, having depreciated by 2.32% over the observed period. In contrast, Under Construction projects are priced higher at ₹17,650 per sq ft, which reflects a depreciation of 6.22% compared to earlier benchmarks. This pricing structure suggests that premium or newer inventory is currently positioned at a higher entry point than existing ready-to-occupy stock.

As of September 2026, several projects in Narayan Peth command premium listing rates, led by Akshay Samruddhi at ₹20,800 per sq ft and BK Pate Krushnai at ₹20,550 per sq ft. Other notable projects include Amit Residency at ₹20,350 per sq ft and Kalashree Nidish at ₹20,250 per sq ft. While many of these projects have seen price adjustments, such as Akshay Samruddhi depreciating by 4.82%, others like Kalashree Nidish have shown significant growth, appreciating by 25.95% over the compared periods.

Rental rates across neighbourhoods surrounding Narayan Peth are consistently averaging ₹50 per sq ft as of September 2026. While the rate is uniform across areas like Sadashiv Peth, Navi Peth, and Shivajinagar, the growth trajectories differ significantly. For example, Sadashiv Peth has seen rental rates appreciate by 14% compared to previous periods, while areas like Model Colony have experienced a rental depreciation of 3.45%.

Investors looking at the Narayan Peth vicinity will note that while the average rental rate is stable at ₹50 per sq ft across most neighbouring micro-markets, the appreciation varies by location. Areas like Somwar Peth have seen rentals appreciate by 7.14% over the observed timeframe, whereas Deccan Gymkhana has seen a slight rental depreciation of 1.69%. This suggests that while rental demand is widespread, investors should prioritize specific pockets where rental growth is trending upward to maximize potential returns.

The Government Registration Rate in Narayan Peth is currently ₹10,850 per sq ft as of September 2026. This serves as a benchmark for property transactions, which is distinct from the average market asking price of ₹11,500 per sq ft. Buyers should use this registration figure as a reference point for stamp duty and registration fee calculations when evaluating the total cost of acquisition for residential apartments in the area.