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Insights for Phursungi, Pune Real Estate Market Overview

The Phursungi real estate market demonstrates dynamic growth, characterized by a steady increase in property values and a diverse inventory of residential projects. Investors and homebuyers are currently evaluating options across various stages, from new launches to fully occupied buildings, with prices reflecting the evolving infrastructure of the area. Rental activity across the surrounding Pune region remains consistent, with several key micromarkets maintaining stable average rental rates. This balance between capital appreciation in premium projects and consistent rental demand makes the area an active focal point for regional property stakeholders.

  • Shapoorji Pallonji Residency Phase 3 leads the premium segment with current rates at ₹12,250 per sq ft.
  • Ready-to-move inventory in Phursungi has seen a notable price increase of 25.2% to average ₹8,250 per sq ft.
  • Under-construction projects currently offer entry points at an average of ₹8,350 per sq ft.
  • New launch projects are currently priced at an average of ₹7,400 per sq ft.
  • Nearby localities like Loni Kalbhor and Mohammadwadi show positive price trends of 11.64% and 10.35% respectively.

Market Strengths
  • High-end projects like Shapoorji Pallonji Residency have achieved strong annual growth of 29.45%.
  • Ready-to-move projects offer a solid price foundation of ₹8,250 per sq ft.
  • Proximity to established hubs like Mohammadwadi, which saw a 10.35% increase, adds to the locality's long-term value.
  • Broad range of project statuses ensures options for both immediate and future-focused buyers.
  • Steady rental rates of ₹50 per sq ft across multiple surrounding micromarkets provide a predictable baseline for investors.
Market Challenges
  • The apartment segment experienced a -6.31% change, reflecting recent market softening for this property type.
  • Certain established projects like Ram Green Hive Plus have seen a -11.64% correction in listing rates.
  • Some neighboring areas like Hadapsar have seen a -5.9% price decline, impacting regional market sentiment.
  • Rental rates in areas like Gahunje and Hadapsar Gaon have seen declines of -20.27% and -13.04% respectively, suggesting a need for careful rental yield evaluation.
Investment Opportunities
  • Ready-to-move properties show strong momentum with a 25.2% price increase, indicating high demand for immediate occupancy.
  • New launch projects at ₹7,400 per sq ft offer a lower entry price for long-term capital appreciation.
  • The 11.64% price growth in nearby Loni Kalbhor suggests potential for regional spillover investment.
  • Under-construction projects at ₹8,350 per sq ft provide a balance of modern amenities and competitive pricing.
Price Trend

Phursungi, Pune Property Price Trends and Appreciation

Property rates in Phursungi have shown a volatile yet upward trajectory, moving from 6,950 per sq ft in September 2025 to a peak of 9,550 per sq ft by December 2025. The market subsequently adjusted to 9,250 per sq ft in March 2026 before settling at 8,700 per sq ft in the most recent quarter. This trend reflects a market finding its balance after a period of rapid appreciation.
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 sits within a competitive landscape of Pune residential markets, where neighboring areas offer varied price points. Hadapsar stands at the higher end of the spectrum with rates around ₹14,450 per sq ft, while Kale Padal averages ₹12,650 per sq ft. Conversely, more accessible options are available in Handewadi at ₹7,950 per sq ft and Fursungi at ₹7,800 per sq ft, providing a range of choices for different investment budgets.
Type Rate (₹/Sq.Ft) Change %
Apartment 8,700 -6.3
Phursungi's residential market is primarily driven by apartment-style living. These units currently average ₹8,700 per sq ft, reflecting a shift in market demand over the recent period. This pricing structure enables buyers to choose between high-end luxury developments and more budget-conscious residential options throughout the locality.
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
The Phursungi market caters to diverse timelines, with 23 ready-to-move projects averaging ₹8,250 per sq ft, which have experienced a significant 25.2% price increase. Under-construction projects, totaling 4 units, are priced at ₹8,350 per sq ft, while new launches remain the most accessible at ₹7,400 per sq ft. This variety allows buyers to weigh the benefits of immediate possession against the potential value growth of newer developments.
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
Kohinoor Artize ₹ 44.69 L - ₹ 64.83 L
  • Pune South, Pune
Provident Kenvista ₹ 57.88 L - ₹ 1.21 Cr
  • 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 are defining the market's high-value segment. Shapoorji Pallonji Residency Phase 3 leads with rates of ₹12,250 per sq ft, closely followed by Shapoorji Pallonji Residency at ₹12,200 per sq ft. Other notable developments like Ram Green Hive Plus A13 and various phases of Majestique Aqua further enrich the options, with prices ranging from ₹7,850 to ₹10,950 per sq ft.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /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
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /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 previous periods. Understanding this price point is essential for buyers and investors looking to gauge the current entry cost in this residential micromarket.

How have property prices in Phursungi trended recently?

Property prices in Phursungi have shown a mixed trajectory over the last few quarters. According to data from June 2026, the location rate was 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 where price discovery is ongoing, and investors should monitor these quarterly shifts closely to identify optimal entry points.

How do property rates in Phursungi compare to nearby areas in Pune?

Property rates in Phursungi vary significantly compared to surrounding localities 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, reflecting an appreciation of 2.67%. Other nearby options include Fursungi at ₹7,800 per sq ft (up 4.77%) and Handewadi at ₹7,950 per sq ft (up 8.2%), providing a range of price points for different budget profiles.

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, having appreciated by 25.2% over the comparison period. In contrast, under-construction projects are priced at an average of ₹8,350 per sq ft, showing a significant appreciation of 25.32%. This narrow price gap suggests that the market currently values both immediate occupancy and future development potential quite similarly.

Which projects in Phursungi currently command the highest listing rates?

Several projects in Phursungi are currently positioned at the premium end of the market as of June 2026. Shapoorji Pallonji Residency Phase 3 leads with a listing rate of ₹12,250 per sq ft, having appreciated by 26.65%. It is followed closely by Shapoorji Pallonji Residency at ₹12,200 per sq ft (up 29.45%) and Shapoorji SP Residency at ₹12,150 per sq ft (up 26.06%). These projects represent the higher-value segment of the locality, reflecting strong demand for established developments.

How does the rental market in areas surrounding Phursungi perform?

The rental market in the vicinity of Phursungi shows a uniform average rental rate of ₹50 per sq ft across several key hubs as of June 2026. While the rate remains consistent, the appreciation trends vary: Magarpatta Road has seen a notable increase of 41.86%, while Hadapsar Gaon experienced a depreciation of 13.04% and Gahunje saw a depreciation of 20.27%. This data suggests that while the base rental rate is stable across these areas, demand and growth potential are highly localized.

What should investors consider when looking at the rental rates in the Phursungi region?

Investors evaluating the Phursungi region should note that while the average rental rate is ₹50 per sq ft across many nearby micromarkets, the growth trends are diverse. For example, Magarpatta City has seen an appreciation of 10.87%, whereas Mohammadwadi has seen a depreciation of 3.03% over the same period. Since rental yield data is currently unavailable, investors should focus on these rental appreciation trends and the proximity to employment hubs like Hadapsar and Magarpatta to estimate long-term income potential.

How should a buyer interpret the property status data in Phursungi?

Buyers in Phursungi can use the property status data to align their purchase with their timeline and risk appetite. As of June 2026, there are 23 ready-to-move units available at ₹8,250 per sq ft, compared to 4 under-construction projects at ₹8,350 per sq ft and 7 new launches at ₹7,400 per sq ft. The high appreciation in the ready-to-move segment (25.2%) suggests strong demand for immediate possession, while the lower price point of new launches (₹7,400 per sq ft, up 10.74%) may offer value for those with a longer investment horizon.

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