Property Rates in Phursungi, Pune 2026

Property prices in Phursungi have shown a mixed trajectory over the past year. As of March 2026, the location rate stands at ₹9,250 per sq ft, down from ₹9,550 per sq ft in December 2025. Prior to this, the area saw a significant rise from ₹6,950 per sq ft in September 2025, indicating that while there is volatility, the market has experienced substantial growth over the medium term.

Property prices in Phursungi vary significantly when compared to surrounding areas. For instance, Hadapsar currently commands a higher average asking price of ₹14,450 per sq ft, despite a depreciation of 5.9% compared to the previous period. Other nearby areas show diverse pricing, such as Manjari at ₹10,250 per sq ft (which has appreciated by 2.67%) and Handewadi at ₹7,950 per sq ft (which has appreciated by 8.2% from the previous period). These variations allow buyers to choose between premium hubs and more budget-friendly emerging localities.

Yes, property status significantly impacts pricing in Phursungi as of March 2026. Ready To Move projects are priced at an average of ₹7,400 per sq ft, having appreciated by 12.06% compared to the previous period. In contrast, Under Construction projects are available at ₹7,250 per sq ft, showing a healthy appreciation of 9.18%. New launch projects are currently priced at ₹6,850 per sq ft, reflecting a 3.05% appreciation, while Well Occupied properties command ₹6,700 per sq ft, having seen a notable appreciation of 20.87%.

As of March 2026, Ram Green Hive Plus A13 leads with a listing rate of ₹10,950 per sq ft, marking a substantial appreciation of 49.39% compared to the previous period. Other premium options include Shapoorji SP Residency, Shapoorji Pallonji Residency, and its Phase 3, all listed at ₹9,800 per sq ft. These projects have seen modest appreciation of 1.26% to 3.83% respectively, signaling steady demand for established residential developments in the locality.

The rental market in the vicinity of Phursungi is quite uniform, with many neighbouring areas reporting an average rental rate of ₹50 per sq ft as of March 2026. This includes localities such as Hadapsar, Loni Kalbhor, Handewadi, and Manjari. While many of these areas have seen stable rental rates, Gahunje has experienced a significant rental appreciation of 54.17%, whereas Mohammadwadi has seen a slight depreciation of 2.94% compared to the previous period.

Buyers should use this data to benchmark their property search against current market realities in Phursungi. By observing the average asking price of ₹9,250 per sq ft as of March 2026 and comparing it against the performance of different property statuses—such as the 12.06% appreciation in Ready To Move projects—buyers can identify whether they are paying a fair market value. Additionally, comparing the locality's price with nearby areas like Hadapsar or Handewadi helps in assessing the value proposition of a specific project before making a financial commitment.