Property Rates in Phursungi, Pune 2026

Property prices in Phursungi have shown a downward trajectory over the last few quarters. Data from September 2026 indicates that the market has experienced a shift, following a period where prices were recorded at ₹8,750 per sq ft in June 2026, ₹9,250 per sq ft in March 2026, and ₹9,550 per sq ft in December 2025. This consistent quarter-over-quarter trend suggests a softening in demand or an increase in available supply, providing potential buyers with more negotiation room.

Property rates in Phursungi vary significantly when compared to surrounding areas in Pune. As of September 2026, while Phursungi averages ₹8,750 per sq ft, nearby locations like Hadapsar command a higher average of ₹14,950 per sq ft, which has appreciated by 3.65%. Conversely, more affordable options exist in Bhekrai Nagar at ₹4,750 per sq ft, while areas like Manjari and Manjri Budruk sit at ₹10,450 per sq ft and ₹10,150 per sq ft, respectively. These differences highlight how proximity to major hubs like Hadapsar and Magarpatta influences the premium on real estate.

As of September 2026, ready-to-move projects in Phursungi are priced at an average of ₹7,650 per sq ft, having depreciated by 7.47% over the observed period. In comparison, under-construction projects are currently priced at ₹7,850 per sq ft, which reflects a depreciation of 5.91%. The relatively narrow price gap between these two categories suggests that buyers are currently evaluating both immediate possession and future development potential at similar valuation levels.

As of September 2026, Ram Green Hive Plus A13 leads the local market with a listing rate of ₹10,950 per sq ft, maintaining stable pricing with 0% change. Other premium projects include Shapoorji Pallonji Residency, Shapoorji SP Residency, and Shapoorji Pallonji Residency Phase 3, all listed at ₹10,100 per sq ft. These projects have seen a depreciation of approximately 17% compared to previous periods, which may signal a strategic adjustment in pricing to align with current buyer sentiment in the Phursungi market.

Rental rates across the micromarkets surrounding Phursungi are currently uniform at ₹50 per sq ft, as of September 2026. While the rate is consistent, the growth trends differ significantly; for instance, Magarpatta City has seen a notable appreciation of 15.22%, and Hadapsar has appreciated by 13.46%. In contrast, areas like Gahunje have experienced a depreciation of 21.62% and Hadapsar Gaon a depreciation of 13.04% compared to the prior period. This indicates that while the base rental cost is similar, the rental demand and growth potential vary by specific locality.

Investors looking at the Phursungi region should focus on the rental appreciation trends in nearby established hubs like Magarpatta City and Hadapsar, which show strong growth of 15.22% and 13.46% respectively, as of September 2026. Since the rental rate across these areas is currently ₹50 per sq ft, the variation in appreciation suggests that proximity to employment centers and infrastructure remains the primary driver for rental income stability. Investors should weigh these rental trends against the local sale prices to determine the long-term viability of their rental yield.

As of September 2026, 'New Launch' projects in Phursungi are priced at an average of ₹7,150 per sq ft, reflecting a depreciation of 2.93% from the previous period. This price point is currently the most competitive among all property statuses in the area, including ready-to-move and under-construction units. For buyers, this suggests that developers may be offering attractive entry-level pricing to stimulate interest in new inventory, making it a potentially viable segment for those looking for value-oriented investments.