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Insights for Narhe, Pune Real Estate Market Overview

The real estate market in Narhe is currently experiencing a period of steady growth, with property rates climbing to an average of ₹7,450 per sq ft. This upward trajectory is supported by a robust mix of ready-to-move and new launch projects, providing ample choices for homebuyers. Rental demand is equally strong, supported by a healthy 4.35% yield that appeals to long-term investors. Government registration data shows significant activity, with 235 transactions totaling ₹114 Cr in value.

  • Average property rates have risen from ₹6,350 per sq ft in mid-2025 to ₹7,450 per sq ft by early 2026.
  • Ready-to-move projects are currently priced at an average of ₹6,000 per sq ft with a 4.39% growth rate.
  • New launch projects show significant momentum with an average price of ₹6,250 per sq ft and an 11.96% increase.
  • Top projects like Mittal Sun Universe command premium rates of ₹13,650 per sq ft, indicating strong high-end segment demand.
  • Rental rates average ₹27 per sq ft, with many popular projects consistently reaching ₹50 per sq ft.

Market Strengths
  • Significant transaction volume of 235 units indicates a high-liquidity market.
  • Diverse inventory ranging from ready-to-move apartments to new launches caters to all buyer types.
  • Strong rental demand is evidenced by an average rental rate of ₹27 per sq ft.
  • Consistent quarterly price growth from June 2025 to March 2026 demonstrates market resilience.
  • A healthy rental yield of 4.35% makes the locality attractive for buy-to-let investors.
Market Challenges
  • Projects on hold are currently priced lower at ₹5,800 per sq ft, reflecting potential delays in delivery.
  • Rental rates for some top projects, while currently strong, show variations based on specific location and amenities.
Investment Opportunities
  • Ready-to-move projects offer a stable entry point at ₹6,000 per sq ft with a 4.39% annual growth.
  • New launch projects show high potential with an 11.96% price increase, currently averaging ₹6,250 per sq ft.
  • A rental yield of 4.35% provides a reliable income stream for property owners in the area.
  • The consistent quarterly appreciation of property rates indicates long-term capital growth potential.
Price Trend

Narhe, Pune Property Price Trends and Appreciation

The market in Narhe has seen a clear upward trend, moving from an average of ₹6,350 per sq ft in June 2025 to ₹7,450 per sq ft by March 2026. This consistent increase highlights the growing desirability of the locality. Prices have climbed steadily across each quarter, reflecting sustained buyer interest and development progress.
Asking Price Trends
₹ 7,450/sq.ft. + 2.41 % QoQ
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 7450
Dec 2025 7300
Sep 2025 6450
Jun 2025 6350
About Asking Price Trends
Narhe Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Mokarwadi 8,250 -
Dhayari 8,450 2.3
Ambegaon Budruk 9,850 3.4
Vadgaon Budruk 13,400 28.6
Sinhagad Road 13,100 -5.4
Anand Nagar 14,600 7.7
Nanded 10,750 -0.1
Katraj 8,150 2.8
Indira Nagar 16,950 8.2
Karve Nagar 18,600 -4.5
Narhe is surrounded by various localities that offer a range of price points for prospective buyers. Vadgaon Budruk stands out as a premium segment, averaging ₹13,400 per sq ft, while Sinhagad Road also commands a high average of ₹13,100 per sq ft. More accessible options are available in Katraj, which averages ₹8,150 per sq ft, and Mokarwadi, holding steady at ₹8,250 per sq ft. This geographic diversity allows for investment across a wide spectrum of budgets.
Type Rate (₹/sq.ft) Change %
Apartment 7,450 2.4
Apartments in Narhe are the primary residential offering, currently priced at an average of ₹7,450 per sq ft. This segment has experienced a positive change of 2.41%, reflecting the steady demand for multi-family living spaces. The market remains focused on this property type to meet the housing needs of a growing population.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 204 6,007 4.5
Under Construction 2 6,250 11.7
New Launch 2 6,250 12
Narhe offers a range of housing options based on project completion, catering to different buyer needs. Ready-to-move units, with 201 available, average ₹6,000 per sq ft and have seen a 4.39% increase. Meanwhile, under-construction and new launch projects are priced at ₹6,250 per sq ft, showing strong growth of 11.69% and 11.96% respectively. This variety allows buyers to choose between immediate possession or long-term value.
Project & Developer Insights

Top Residential Projects and Developers in Narhe

Top Projects in Narhe
K Raheja Aurum is the top project in Narhe with prices from ₹ 2.25 Cr to 3.48 Cr.
K Raheja Aurum ₹ 2.25 Cr - ₹ 3.48 Cr
  • Pune South, Pune
Shriram The Spectrum ₹ 71.41 L - ₹ 95 L
  • Pune South, Pune
Kolte Patil Elixir ₹ 1.7 Cr - ₹ 14.6 Cr
  • Pune South, Pune
Shapoorji Pallonji Mango Tree Villa ₹ 1.81 Cr - ₹ 8 Cr
  • Pune South, Pune
Dosti Greenscape ₹ 94.18 L - ₹ 1.91 Cr
  • Pune South, Pune
Shapoorji Pallonji Joyville Celestia ₹ 74.6 L - ₹ 1.67 Cr
  • Pune South, Pune
Shapoorji Pallonji Treetopia ₹ 84 L - ₹ 2.52 Cr
  • Pune South, Pune
Kohinoor Artize ₹ 64.83 L - ₹ 64.83 L
  • Pune South, Pune
Provident Kenvista ₹ 57.88 L - ₹ 1.21 Cr
  • Pune South, Pune
Shapoorji Pallonji Joyville Hadapsar Annexe ₹ 53.47 L - ₹ 1.68 Cr
  • Pune South, Pune
View More
New Launch
Under Construction
Ready to Move
Top Developers in Pune
Vilas Javdekar leads in Pune with 65 projects and 38 years of experience.
DLF
Vilas Javdekar ₹ 27.48 L - ₹ 13.74 Cr
  • 65 Projects
  • 38 Years
DLF
Shriram Properties ₹ 20.00 L - ₹ 99 L
  • 13 Projects
  • 24 Years
DLF
Ganesh ₹ 33.12 L - ₹ 83.26 L
  • 51 Projects
DLF
Akshay ₹ 17.99 L - ₹ 1.92 Cr
  • 50 Projects
  • 19 Years
DLF
Darode Jog ₹ 21.82 L - ₹ 2.14 Cr
  • 41 Projects
  • 30 Years
DLF
Amit Enterprises ₹ 22.63 L - ₹ 4.95 Cr
  • 38 Projects
  • 36 Years
DLF
Aditya Builders ₹ 15.42 L - ₹ 2.55 Cr
  • 37 Projects
DLF
Yashada Realty ₹ 30.72 L - ₹ 3.78 Cr
  • 36 Projects
DLF
Chintamani Constructions
  • 43 Projects
DLF
Krishna Developers ₹ 16.65 L - ₹ 90.62 L
  • 35 Projects
  • 8 Years
View More
Top Projects by Listing Rates, Transaction Count and Transaction Value
  • Listing Rate
  • By Value
  • By Transaction
Premium residential developments in Narhe are setting high benchmarks, led by Vilas Javdekar Yashwin Royal, which is priced at ₹10,450 per sq ft with a 5.94% increase. Jain Rio Greens follows with an average of ₹9,050 per sq ft, while Mauli Lipane Opulence is listed at ₹8,950 per sq ft. Other notable projects like Amit Vihar Apartment and Darode Jog Greenland County Phase I provide quality living options at price points around ₹8,000 to ₹8,150 per sq ft.
Project Name Current Price (₹/sq.ft) Sale Value Change %
Chitra Apartment 8,050 65,00,000 -
Shreeniwas Greenland County 7,750 62,00,000 -
Mittal Sun Universe, Na 13,650 49,50,000 -
Vrundavan Srushti Balakrishna, Na 7,850 38,50,000 -26.9
High-value transactions in Narhe are anchored by projects like Chitra Apartment and Shreeniwas Greenland County, which command significant market interest. Mittal Sun Universe contributes to the high-value segment with rates reaching ₹13,650 per sq ft. These projects remain the preferred choice for buyers looking for substantial residential assets.
Project Name Current Price (₹/sq.ft) Transactions Change %
Mittal Sun Universe, Na 13,650 1 -
Chitra Apartment 8,050 1 -
Vrundavan Srushti Balakrishna, Na 7,850 1 -26.9
Shreeniwas Greenland County 7,750 1 -
Buyer interest is concentrated in key developments that offer consistent value. Mittal Sun Universe and Chitra Apartment both recorded notable transaction activity, reflecting strong trust in these established projects. Vrundavan Srushti Balakrishna also saw buyer participation, contributing to the overall market turnover.
Top Developers by Transaction Count
  • By Transaction
Developer Transactions
Vainateya Build 1
Atul Enterprises 1
Mittal Builders 1
The development landscape in Narhe is led by experienced builders who maintain a strong market presence. Vainateya Build, Atul Enterprises, and Mittal Builders are the primary contributors to the transaction volume. Their consistent project delivery continues to attract buyers and sustain market momentum.
Government Registrations

Government Registration in Narhe, Pune

Official records indicate 235 property transactions in Narhe, with a gross value of ₹114 Cr recorded between June 2025 and May 2026. The average registered rate stands at ₹5,350 per sq ft, illustrating the volume of market activity. Developers like Vainateya Build, Atul Enterprises, and Mittal Builders have been instrumental in driving these transactions forward.
Sales Transactions 235
Gross Sales Value ₹ 114 Cr
Registered Rate ₹ 5,350/sq.ft

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /sq.ft
Govt Registration Rate ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 19,300 /sq.ft
Govt Registration Rate ₹ 13,950 /sq.ft
Avg. Asking Price ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 15,350 /sq.ft
Govt Registration Rate ₹ 9,500 /sq.ft
Avg. Asking Price ₹ 14,850 /sq.ft
Avg. Asking Price ₹ 12,950 /sq.ft
Govt Registration Rate ₹ 8,750 /sq.ft
Avg. Asking Price ₹ 12,100 /sq.ft
Govt Registration Rate ₹ 5,900 /sq.ft
Avg. Asking Price ₹ 11,750 /sq.ft
Govt Registration Rate ₹ 8,900 /sq.ft
Avg. Asking Price ₹ 9,300 /sq.ft
Govt Registration Rate ₹ 3,700 /sq.ft
Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Narhe, Pune

Avg. Asking Price ₹ 15,700 /sq.ft
Govt Registration Rate ₹ 12,200 /sq.ft
Avg. Asking Price ₹ 13,400 /sq.ft
Govt Registration Rate ₹ 9,300 /sq.ft
Avg. Asking Price ₹ 13,250 /sq.ft
Govt Registration Rate ₹ 9,750 /sq.ft
Avg. Asking Price ₹ 12,500 /sq.ft
Avg. Asking Price ₹ 12,000 /sq.ft
Govt Registration Rate ₹ 8,100 /sq.ft

More insights about Narhe, Pune

FAQ

Frequently Asked Questions About Property Rates in Narhe, Pune

What is the current average asking price in Narhe as of March 2026?

As of March 2026, the average asking price in Narhe stands at ₹7,450 per sq ft. This figure reflects an appreciation of 2.41% compared to the previous period, indicating a steady and resilient demand for residential apartments in this locality.

How have property prices in Narhe trended over the last few quarters?

Property prices in Narhe have shown a consistent upward trajectory from June 2025 to March 2026. The location rate grew from ₹6,350 per sq ft in June 2025 to ₹7,450 per sq ft by March 2026, signaling sustained buyer interest and a strengthening real estate market in the area.

How does the average asking price in Narhe compare to the Government Registration Rate?

The average asking price in Narhe is currently ₹7,450 per sq ft, while the Government Registration Rate is recorded at ₹6,350 per sq ft. This gap between the market-driven asking price and the government-benchmarked rate is a key metric for buyers to consider when evaluating the true cost of property acquisition and potential stamp duty implications.

What are the price differences for properties in Narhe based on their construction status?

Property prices in Narhe vary by construction status as of March 2026. Ready To Move properties are priced at ₹6,000 per sq ft, having appreciated by 4.39%. Meanwhile, Under Construction projects are currently at ₹6,250 per sq ft, showing a significant appreciation of 11.69%, and New Launch projects are also at ₹6,250 per sq ft with a 11.96% appreciation, reflecting strong developer confidence and project demand.

Which projects in Narhe command the highest listing rates?

Among the top projects in Narhe, Vilas Javdekar Yashwin Royal leads with a listing rate of ₹10,450 per sq ft, which has appreciated by 5.94% as of March 2026. Other notable projects include Jain Rio Greens at ₹9,050 per sq ft and Mauli Lipane Opulence at ₹8,950 per sq ft, both of which have maintained stable pricing recently.

What is the average rental rate and rental yield for properties in Narhe?

The average rental rate in Narhe is ₹27 per sq ft as of March 2026, with rental rates remaining stable over the recent period. The locality currently offers a rental yield of 4.35%, which serves as a useful indicator for investors looking to balance capital appreciation with consistent monthly rental income.

Which projects in Narhe offer the highest rental rates?

As of March 2026, the projects commanding the highest rental rates in Narhe include Vilas Javdekar Yashwin Royal at ₹37 per sq ft, Dangat Vasantsakha Plaza at ₹36 per sq ft, and Bhumkar Rajanigandha Sakshi Heights at ₹35 per sq ft. These rates have remained stable, reflecting the current rental market conditions for premium residential options in the locality.

How do rental rates in Narhe compare to surrounding areas?

Rental rates across the vicinity of Narhe are largely uniform, with areas such as Nere, Dhayari, Vadgaon Budruk, and Nanded Fata all averaging around ₹50 per sq ft as of March 2026. While most of these areas have seen stable rental trends, some locations like Ambegaon Budruk and Sinhagad Road have experienced minor rental depreciations of 3.33% and 3.03% respectively, compared to the previous period.

How should a prospective buyer interpret the transaction activity in Narhe?

Transaction activity in Narhe, characterized by projects like Mittal Sun Universe and Chitra Apartment, highlights the market's liquidity. With 235 registered transactions recorded between June 2025 and May 2026, the data suggests a healthy volume of property transfers, providing buyers with a clear signal of market activity and project popularity.

What should investors know about the current property market in Narhe?

Investors in Narhe should note that the market has seen a consistent rise in capital values, with the average asking price reaching ₹7,450 per sq ft in March 2026. When combined with a rental yield of 4.35%, the locality presents a balanced profile for those seeking both long-term asset appreciation and steady rental returns.

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