Pune
The Pirangut real estate market is currently characterized by a diverse supply of housing projects that cater to both end-users and long-term investors. Recent price trends show a balanced environment, with ready-to-move properties holding firm at an average of ₹6,050 per sq ft, while under-construction projects are attracting buyers at approximately ₹5,950 per sq ft. Rental activity is supported by a steady demand for 2 BHK apartments, which are currently trending at an average of ₹15,050 per month. Government registration data highlights an active period with 53 transactions recorded, totaling a gross value of ₹49 Cr.
As of June 2026, the average asking price in Pirangut stands at ₹6,000 per sq ft. This figure reflects the current market valuation for residential apartments in the area, providing a baseline for buyers and investors evaluating property options in this locality.
The average asking price in Pirangut of ₹6,000 per sq ft is slightly higher than the Government Registration Rate of ₹5,650 per sq ft. This registration rate is based on 53 transactions recorded between September 2025 and August 2026, representing a gross value of ₹49 Cr for the period.
As of June 2026, Ready To Move properties in Pirangut are priced at an average of ₹6,050 per sq ft, having appreciated by 4.39% compared to the previous period. In contrast, Under Construction projects are currently priced at ₹5,950 per sq ft, which reflects an appreciation of 4.61% over the same timeframe. This narrow price gap suggests that buyers are currently paying a relatively small premium for immediate possession.
The average rental rate in Pirangut is ₹20 per sq ft as of June 2026, a rate that has remained stable with 0% change over the observed period. For investors, comparing this rental income potential against the average sale price of ₹6,000 per sq ft is essential to determine the rental yield and overall return on investment for residential assets in the locality.
As of June 2026, a 2 BHK apartment in Pirangut commands an average rent of ₹15,050 per month. This data point is particularly useful for tenants planning their housing budget and for landlords looking to benchmark their rental expectations against the current market standard for this specific unit configuration.
As of June 2026, the top projects by rental rate in Pirangut include Pandit Javdekar Red Earth at ₹21 per sq ft, followed by Mont Vert Sunshine Joy at ₹20 per sq ft, and Mont Vert Vesta at ₹18 per sq ft. It is notable that Pandit Javdekar Red Earth experienced a depreciation of 4.55% in its rental rate, while the other top-tier projects maintained stable rental pricing compared to the previous period.
Rental rates in Pirangut, averaging ₹20 per sq ft, are generally more accessible than many surrounding localities where the average rental rate is ₹50 per sq ft. Areas such as Bhukum, Bhugaon, and Bavdhan all show an average rental rate of ₹50 per sq ft, highlighting that Pirangut currently offers a more competitive entry point for tenants compared to these neighboring micromarkets.
The most premium project in Pirangut by listing rate is Gangotree Subhamkaroti, which is priced at ₹14,750 per sq ft as of June 2026, marking a significant appreciation of 20.83% from the previous period. Other notable projects include Suprabha Hill Town at ₹8,150 per sq ft (stable at 0% change) and Vilas Javdekar Palash Boulevard at ₹7,950 per sq ft, which saw a depreciation of 6.04%.
As of June 2026, New Launch projects in Pirangut are priced at ₹5,900 per sq ft, reflecting a 6.23% appreciation, while Mid Stage projects are priced at ₹5,050 per sq ft, which represents a 13.85% depreciation. This variance indicates that market confidence is currently stronger for new project entries compared to mid-stage developments, which may be undergoing price corrections to align with current demand.
