Phursungi Property Rates — ₹8,750/sq ft, -5.33%

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Property rates in Phursungi average ₹8,750 per sq ft. This locality has experienced recent pricing adjustments, reflecting an evolving residential landscape. Investors and homebuyers are closely observing developments like Ram Green Hive Plus, which commands a premium at ₹10,950 per sq ft, alongside a steady supply of ready-to-move projects. The area provides a balanced mix of residential options that cater to varying buyer requirements, anchoring its appeal in the Pune South real estate corridor.

Insights

Insights for Phursungi, Pune Real Estate Market Overview

The Phursungi real estate market reflects a dynamic environment where property values have navigated recent quarterly shifts. With an average price of ₹8,750 per sq ft, the location balances established residential demand with an influx of new projects. Rental activity across the region remains consistent, with several nearby hubs maintaining a steady rental rate of ₹50 per sq ft. Prospective buyers have access to a diverse project portfolio, ranging from ready-to-move apartments to new launches, ensuring flexibility in investment timelines. Developers continue to shape the area through premium projects that cater to the evolving needs of the Pune market.

The average asking price for apartments in Phursungi is ₹8,750 per sq ft.
Ready-to-move properties remain a primary choice for many buyers, with an average price of ₹7,650 per sq ft.
Premium developments like Ram Green Hive Plus A13 are priced significantly higher at ₹10,950 per sq ft.
The rental market remains stable, with multiple surrounding localities reporting average rental rates of ₹50 per sq ft.
New launch projects are currently available at an average price of ₹7,150 per sq ft, offering entry points for investors.

Market Strengths

The locality maintains a strong average price point of ₹8,750 per sq ft, supported by a mix of established and new projects.
Rental rates for residential units in the vicinity remain stable at ₹50 per sq ft, providing steady income potential for landlords.
A diverse range of project statuses, including 23 ready-to-move units, ensures high liquidity for prospective buyers.
Premium projects like Ram Green Hive Plus A13, priced at ₹10,950 per sq ft, demonstrate high value-retention capabilities.
Majestique Green Country has shown significant growth with a 20.31% increase, highlighting strong performance in select developments.

Market Challenges

Apartment prices in Phursungi have seen a recent adjustment of -5.33%, indicating a period of softening demand.
Ready-to-move projects have experienced a price change of -7.47%, reflecting competitive pressure in the inventory segment.
Under-construction projects reported a price trend of -5.91%, suggesting a shift in buyer sentiment toward value-based acquisitions.
New launch projects showed a decline of -2.93%, which may impact short-term investment returns for early-stage buyers.

Investment Opportunities

New launch projects at ₹7,150 per sq ft provide an attractive entry point for investors seeking long-term appreciation.
The consistent rental rate of ₹50 per sq ft across surrounding areas like Hadapsar and Manjari indicates reliable rental demand.
Ready-to-move projects at ₹7,650 per sq ft offer immediate occupancy potential for investors targeting the rental market.
Under-construction projects at ₹7,850 per sq ft present a balanced risk-reward profile for those looking to benefit from future development milestones.

Top Localities in Phursungi, Pune

Uruli Devachi

Avg Price ₹ 8,500 /Sq.Ft.

LISTINGS 2

Price Trend

Phursungi, Pune Property Price Trends and Appreciation

The Phursungi market has seen price fluctuations throughout the recent quarters, moving from ₹6,950 per sq ft in September 2025 to a peak of ₹9,550 per sq ft by December 2025. Following this high, prices adjusted to ₹9,250 per sq ft in March 2026 and currently stand at ₹8,750 per sq ft for June 2026. These trends demonstrate the cyclical nature of property valuations in the area.

Asking Price Trends

₹ 8,750/Sq.Ft -5.33 % QoQ

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	8750
Mar 2026	9250
Dec 2025	9550
Sep 2025	6950

About Asking Price Trends

Phursungi Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Fursungi	8,150	4.3
Bhekrai Nagar	4,750	-
Hadapsar	14,950	3.7
Loni Kalbhor	9,000	-1.4
Satav Nagar	9,000	-
Handewadi	7,450	-6.3
Manjari	10,450	2.1
Gahunje	15,100	24.3
Manjri Budruk	10,150	3.1
Mohammadwadi	9,050	-8.8

Phursungi's surrounding localities offer a wide range of property rates, reflecting the diverse residential landscape of Pune South. Hadapsar stands as a premium hub with an average rate of ₹14,950 per sq ft, while Gahunje ranks among the highest at ₹15,100 per sq ft. In contrast, Bhekrai Nagar offers more accessible options at ₹4,750 per sq ft, and Handewadi is currently priced at ₹7,450 per sq ft. These variations allow buyers to choose based on both budget and proximity to major city landmarks.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	8,750	-5.3

Phursungi's residential market is primarily driven by apartment-style living, which currently averages ₹8,750 per sq ft. This segment has experienced a change of -5.33% in recent reporting periods, reflecting a period of price consolidation. The market remains focused on providing quality apartment living, catering to both end-users and investors looking for long-term value.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	26	7,633	-7
Under Construction	5	7,850	-5.9
New Launch	5	7,150	-2.9

The Phursungi market offers a variety of properties across different development stages, catering to diverse buyer timelines. Ready-to-move units, which account for 23 projects, are priced at an average of ₹7,650 per sq ft. Meanwhile, under-construction projects provide 5 opportunities at an average of ₹7,850 per sq ft, and new launches are available at ₹7,150 per sq ft. This mix allows buyers to choose between immediate possession and the potential benefits of investing in newer developments.

Project & Developer Insights

Top Residential Projects and Developers in Phursungi

Shapoorji Pallonji Joyville Hadapsar Annexe ₹ 58.33 L - ₹ 1.41 Cr

Pune South, Pune

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 ₹ 1.46 Cr - ₹ 2.5 Cr

Pune South, Pune

Shapoorji Pallonji Mango Tree Villa ₹ 1.84 Cr - ₹ 7.5 Cr

Pune South, Pune

Dosti Greenscape ₹ 94.18 L - ₹ 1.91 Cr

Pune South, Pune

Shapoorji Pallonji Joyville Celestia ₹ 74 L - ₹ 1.53 Cr

Pune South, Pune

Shapoorji Pallonji Treetopia ₹ 88.9 L - ₹ 1.45 Cr

Pune South, Pune

Shapoorji Pallonji Kingstown ₹ 1.69 Cr - ₹ 2.14 Cr

Pune South, Pune

Kohinoor Artize ₹ 39.83 L - ₹ 64.83 L

Pune South, Pune

New Launch

Under Construction

Ready to Move

Shapoorji Pallonji ₹ 48.94 L - ₹ 7.5 Cr

27 Projects

Majestique Landmark ₹ 21 L - ₹ 5.33 Cr

75 Projects
12 Years

Ram India Group ₹ 18.71 L - ₹ 16 Cr

17 Projects
28 Years

Tulsi Developers ₹ 24.9 L - ₹ 75.23 L

5 Projects

Suyog City Developers ₹ 75.11 L - ₹ 2.93 Cr

4 Projects

Kadu Realty ₹ 28.52 L - ₹ 41.25 L

3 Projects

Sharada Group Pune ₹ 16.2 L - ₹ 31.82 L

2 Projects

Gurudatta Developers

1 Projects

Eagle Developers ₹ 50 L - ₹ 50 L

1 Projects

Rajratna Developers

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Ram Green Hive Plus A13, Phursungi	10,950	-
Shapoorji Pallonji Residency, Phursungi	10,100	-17.1
Shapoorji Sp Residency, Phursungi	10,100	-16.9
Shapoorji Pallonji Residency Phase 3, Phursungi	10,100	-17.3
Ram Green Hive Plus, Phursungi	8,500	1.2
Majestique Aqua Phase 4, Phursungi	8,450	7.5
Majestique Aqua Phase 2, Phursungi	8,450	-8.7
Majestique Aqua Phase 3, Phursungi	8,450	-8.7
Majestique Green Country, Phursungi	8,400	20.3
Majestique Landmark Imperia, Phursungi	8,250	-10

Premium residential developments in Phursungi set the benchmark for luxury and value in the area. Ram Green Hive Plus A13 leads the market with an asking price of ₹10,950 per sq ft, while several phases of the Shapoorji Pallonji Residency offer units at ₹10,100 per sq ft. Additionally, Majestique Green Country has seen strong growth, currently priced at ₹8,400 per sq ft. These projects showcase the aspirational segment of the local market, offering high-end living options to prospective homeowners.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Micromarket-Wise Property Price Trends Around Phursungi, Pune

Pune Central

Avg. Asking Price ₹ 16,650 /Sq.Ft

Govt Registration Rate ₹ 13,500 /Sq.Ft

Pune East

Avg. Asking Price ₹ 14,100 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Pune West

Avg. Asking Price ₹ 13,900 /Sq.Ft

Govt Registration Rate ₹ 9,850 /Sq.Ft

Pimpri Chinchwad PCMC

Avg. Asking Price ₹ 12,600 /Sq.Ft

Pune South

Avg. Asking Price ₹ 12,500 /Sq.Ft

Govt Registration Rate ₹ 8,050 /Sq.Ft

More insights about Phursungi, Pune

Phursungi, Pune Overview

FAQ

Frequently Asked Questions About Property Rates in Phursungi, Pune

What is the current average asking price in Phursungi as of June 2026?

The average asking price in Phursungi is ₹8,750 per sq ft as of June 2026. This figure reflects a depreciation of 5.33% compared to the previous period, indicating a recent market adjustment in the area's residential property segment.

How have property price trends in Phursungi moved over the last year?

Property price trends in Phursungi have shown a fluctuating trajectory from September 2025 to June 2026. The average asking price was ₹6,950 per sq ft in September 2025, rose to ₹9,550 per sq ft by December 2025, and subsequently adjusted to ₹9,250 per sq ft in March 2026 before reaching the current level of ₹8,750 per sq ft in June 2026.

How do property rates in Phursungi compare to nearby neighbourhoods?

Property rates in Phursungi vary significantly when compared to surrounding areas in Pune. For instance, while Phursungi averages ₹8,750 per sq ft, neighbouring Fursungi is priced at ₹8,150 per sq ft (having appreciated by 4.27%), whereas more premium areas like Gahunje command significantly higher rates at ₹15,100 per sq ft, which has seen a substantial appreciation of 24.27%.

What is the price difference between ready-to-move and under-construction properties in Phursungi?

As of June 2026, ready-to-move properties in Phursungi are priced at an average of ₹7,650 per sq ft, which has depreciated by 7.47% compared to the prior period. In contrast, under-construction projects are currently averaging ₹7,850 per sq ft, reflecting a 5.91% depreciation over the same timeframe.

Which residential projects in Phursungi currently command the highest listing rates?

As of June 2026, the highest listing rates in Phursungi are observed in projects such as Ram Green Hive Plus A13, which is priced at ₹10,950 per sq ft with stable pricing (0% change). Other premium options include Shapoorji Pallonji Residency and its associated phases, which are listed at ₹10,100 per sq ft, though these have seen a depreciation of approximately 17% compared to the prior period.

How does the rental market in areas near Phursungi perform?

The rental market in the vicinity of Phursungi is quite uniform, with many neighbouring areas like Hadapsar, Handewadi, and Manjari currently recording an average rental rate of ₹50 per sq ft as of June 2026. While some areas like Magarpatta Road have seen a significant rental appreciation of 39.53%, others like Gahunje have experienced a rental depreciation of 21.62% during the same period, highlighting the diverse rental demand across these micro-markets.

How should an investor interpret the current price trends in Phursungi?

Investors should note that the average asking price in Phursungi has seen a depreciation of 5.33% as of June 2026, suggesting a period of market correction. While this may signal a more accessible entry point for new buyers, it is essential to compare this against the specific project status, as new launches are currently priced at ₹7,150 per sq ft, which has depreciated by 2.93% compared to the previous period.