Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Phursungi, Pune Real Estate Market Overview

The real estate market in Phursungi displays steady growth, with current average asking prices at ₹9,250 per sq ft. Market trends indicate a fluctuating but positive trajectory over the past year, supported by a healthy supply of both new launches and ready-to-move residential units. Rental demand in the surrounding region remains consistent, with several nearby localities maintaining an average rental rate of ₹50 per sq ft. This balance between capital appreciation and rental yield makes the area attractive for diverse investment profiles.

  • Ready-to-move projects in Phursungi have seen a substantial price increase of 25.2%.
  • New launch properties are currently priced at an average of ₹7,400 per sq ft.
  • Under-construction developments show strong momentum with a 25.32% price growth.
  • Several nearby locations such as Handewadi and Loni Kalbhor have recorded positive price changes of 8.2% and 11.64% respectively.
  • Rental rates across several neighboring hubs like Hadapsar and Manjari remain stable at ₹50 per sq ft.

Market Strengths
  • Strong consistent rental demand across neighboring areas like Hadapsar and Manjari at ₹50 per sq ft.
  • High price appreciation in the ready-to-move segment at 25.2%.
  • Significant growth in under-construction inventory at 25.32%.
  • Positive price trends in nearby Handewadi and Mohammadwadi with increases of 8.2% and 10.35% respectively.
  • New launch projects continue to attract buyers with a 10.74% price growth.
Market Challenges
  • Hadapsar has seen a price decline of -5.9%, reflecting localized market adjustments.
  • Gahunje experienced a -4.88% change in average rates, indicating a cooling trend in that specific area.
  • Manjri Budruk prices have adjusted by -3.5%, showing a slight dip in the current market.
  • Rental rates in Gahunje have seen a significant change of -20.27%, which may impact short-term rental yields.
Investment Opportunities
  • Ready-to-move projects offer a 25.2% price appreciation, signaling strong value retention.
  • Under-construction developments show a 25.32% growth, indicating significant future potential.
  • New launch projects at ₹7,400 per sq ft provide a lower-cost entry point for long-term investors.
  • Neighboring Loni Kalbhor has shown a robust 11.64% price increase, suggesting positive momentum in the broader region.
Price Trend

Phursungi, Pune Property Price Trends and Appreciation

Property values in Phursungi have experienced notable shifts over the last four quarters. Prices moved from ₹6,950 per sq ft in September 2025 to a peak of ₹9,550 per sq ft by December 2025. Following this, the market adjusted to its current level of ₹9,250 per sq ft as of March 2026, showing a resilient price structure.
Asking Price Trends
₹ 9,250/Sq.Ft -2.77 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 8700
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 7,800 4.8
Kale Padal 12,650 -
Hadapsar 14,450 -5.9
Loni Kalbhor 9,150 11.6
Satav Nagar 9,000 -
Handewadi 7,950 8.2
Manjari 10,250 2.7
Manjri Budruk 9,850 -3.5
Gahunje 12,150 -4.9
Mohammadwadi 9,900 10.4
Phursungi is surrounded by several prominent Pune localities that exhibit varying price points. Hadapsar commands a premium at ₹14,450 per sq ft, while Kale Padal also sits at a higher tier with an average of ₹12,650 per sq ft. In contrast, areas like Handewadi and Fursungi offer more accessible entry points at ₹7,950 per sq ft and ₹7,800 per sq ft, respectively. These price differences provide buyers with multiple options depending on their budget and location preference.
Type Rate (₹/Sq.Ft) Change %
Apartment 8,700 -6.3
Phursungi's residential market is primarily driven by apartment-style living. These residential units currently average ₹8,700 per sq ft, reflecting the broader demand for modern housing solutions in the area. This pricing allows for a clear benchmark for buyers looking to invest in the local apartment segment.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 26 8,198 24
Under Construction 4 8,350 25.3
New Launch 7 7,400 10.7
Project & Developer Insights

Top Residential Projects and Developers in Phursungi

Top Projects in Fursungi
Shapoorji Pallonji Joyville Hadapsar Annexe is the top project in Fursungi with prices from ₹ 58.33 Lac to 1.41 Cr.
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 ₹ 1.81 Cr - ₹ 8 Cr
  • Pune South, Pune
Dosti Greenscape ₹ 94.18 L - ₹ 1.91 Cr
  • Pune South, Pune
Shapoorji Pallonji Joyville Celestia ₹ 74.9 L - ₹ 1.54 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 ₹ 44.69 L - ₹ 64.83 L
  • Pune South, Pune
View More
New Launch
Under Construction
Ready to Move
Top Developers in Pune
Shapoorji Pallonji leads in Pune with 27 projects and years of experience.
DLF
Shapoorji Pallonji ₹ 48.94 L - ₹ 8 Cr
  • 27 Projects
DLF
Majestique Landmark ₹ 21 L - ₹ 5.33 Cr
  • 74 Projects
  • 12 Years
DLF
Ram India Group ₹ 18.71 L - ₹ 11 Cr
  • 17 Projects
  • 28 Years
DLF
Tulsi Developers ₹ 24.9 L - ₹ 75.23 L
  • 5 Projects
DLF
Suyog City Developers ₹ 75.11 L - ₹ 2.93 Cr
  • 4 Projects
DLF
Kadu Realty ₹ 28.52 L - ₹ 41.25 L
  • 3 Projects
DLF
Sharada Group Pune ₹ 16.2 L - ₹ 31.82 L
  • 2 Projects
DLF
Gurudatta Developers
  • 1 Projects
DLF
Eagle Developers ₹ 50 L - ₹ 50 L
  • 1 Projects
DLF
Rajratna Developers
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential projects in Phursungi set the high-value benchmark for the locality. Shapoorji Pallonji Residency Phase 3 leads with an asking price of ₹12,250 per sq ft, followed closely by Shapoorji Pallonji Residency at ₹12,200 per sq ft. Other notable developments like Majestique Aqua and Ram Green Hive Plus A13 also command significant rates, with the latter showing a strong 49.39% growth, highlighting the high demand for quality lifestyle projects in the area.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Phursungi, 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 ₹ 9,050 /Sq.Ft
Avg. Asking Price ₹ 13,250 /Sq.Ft
Govt Registration Rate ₹ 10,100 /Sq.Ft
Avg. Asking Price ₹ 12,500 /Sq.Ft
Avg. Asking Price ₹ 12,000 /Sq.Ft
Govt Registration Rate ₹ 8,050 /Sq.Ft

More insights about Phursungi, Pune

FAQ

Frequently Asked Questions About Property Rates in Phursungi, Pune

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

As of June 2026, the average asking price in Phursungi stands at ₹9,250 per sq ft. This figure reflects a market adjustment, having depreciated by 2.77% when compared to the previous period. Understanding this trend is essential for buyers and investors, as it highlights the current price positioning of residential apartments within this specific locality.

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

Property prices in Phursungi have shown a mixed trajectory throughout the recent quarters. As of June 2026, the location rate is recorded at ₹8,700 per sq ft, following a rate of ₹9,250 per sq ft in March 2026 and ₹9,550 per sq ft in December 2025. This fluctuation indicates a dynamic market environment, and investors should monitor these quarterly shifts to gauge the long-term stability and growth potential of the area.

How do property rates in Phursungi compare to nearby neighbourhoods?

Property rates in Phursungi vary significantly compared to surrounding areas in Pune. For instance, Hadapsar currently commands an average asking price of ₹14,450 per sq ft, which has depreciated by 5.9% compared to the prior period, while Manjari is priced at ₹10,250 per sq ft, showing an appreciation of 2.67%. Other nearby areas like Fursungi are priced at ₹7,800 per sq ft, having appreciated by 4.77%, and Loni Kalbhor stands at ₹9,150 per sq ft, which has seen a notable appreciation of 11.64%.

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 available at an average price of ₹8,250 per sq ft, which has appreciated by 25.2% compared to the previous period. In contrast, Under Construction projects are currently priced at ₹8,350 per sq ft, reflecting a strong appreciation of 25.32% over the same timeframe. This data suggests robust demand across both segments, with investors and end-users showing confidence in both completed and upcoming developments.

Which projects in Phursungi currently command the highest listing rates?

As of June 2026, several projects in Phursungi are positioned at the premium end of the market. Shapoorji Pallonji Residency Phase 3 leads with a listing rate of ₹12,250 per sq ft, having appreciated by 26.65%. Similarly, Shapoorji Pallonji Residency is listed at ₹12,200 per sq ft (up 29.45%), and Shapoorji SP Residency is at ₹12,150 per sq ft (up 26.06%). These rates reflect the premium value associated with these specific developments compared to the broader locality average.

What are the current rental rates in areas surrounding Phursungi?

Rental rates across the micromarkets surrounding Phursungi are currently consistent at approximately ₹50 per sq ft. This rate is observed in areas such as Hadapsar, Handewadi, Manjari, and Magarpatta City. While the rental rate remains uniform at ₹50 per sq ft, the growth trends vary; for example, Magarpatta Road has seen a significant appreciation of 41.86%, whereas Hadapsar Gaon has experienced a depreciation of 13.04% and Gahunje has seen a depreciation of 20.27% as of June 2026.

How should an investor interpret the rental data for the Phursungi region?

Investors looking at the Phursungi region should note that while the average rental rate in neighbouring hubs like Hadapsar and Manjari is ₹50 per sq ft, the rental yield remains a critical metric to evaluate against the capital investment. With rental rates showing varied appreciation—such as the 10.87% growth seen in Magarpatta City—the stability of these rental values suggests a consistent demand for housing in the broader Pune South corridor. Investors should weigh these rental returns against the current average sale price of ₹9,250 per sq ft in Phursungi to calculate the potential income-to-capital ratio.

What does the 'New Launch' status indicate for property prices in Phursungi?

As of June 2026, New Launch projects in Phursungi are priced at an average of ₹7,400 per sq ft, which represents an appreciation of 10.74% compared to the previous period. This price point is generally more accessible than the average for Under Construction (₹8,350 per sq ft) or Ready To Move (₹8,250 per sq ft) properties. For buyers, this often signals an entry-level opportunity in the market, though it is important to factor in the development timeline associated with new project launches.

Country/City