Property Rates in Shikrapur, Pune 2026

Property prices in Shikrapur have shown a mixed trajectory over the last four quarters. While the micromarket rate stood at ₹13,400 per sq ft in March 2026, it remained consistent with the December 2025 level, following an increase from ₹11,400 per sq ft in September 2025 and ₹10,400 per sq ft in June 2025. This upward movement in the broader micromarket suggests growing demand and evolving valuation patterns in the region.

Property rates in Shikrapur, currently at ₹3,500 per sq ft, are significantly more accessible compared to several prominent neighbouring areas in Pune. For instance, Kharadi commands a higher average asking price of ₹14,200 per sq ft, having appreciated by 1.67% from June 2025 to March 2026. Other nearby locations like Keshav Nagar at ₹13,450 per sq ft and Gahunje at ₹12,150 per sq ft also reflect higher price points, though Keshav Nagar has seen a depreciation of 15.53% and Gahunje a depreciation of 4.88% over the same period.

Several projects in Shikrapur offer a range of price points for prospective buyers as of March 2026. Subhaj Garden City leads with a listing rate of ₹6,800 per sq ft, followed by Sai Zion Apartments at ₹6,200 per sq ft and Shri Siddhivinayak Eco Gram at ₹5,950 per sq ft. Other notable projects include Mhalsakant Vindhya Heights at ₹5,750 per sq ft and Nanda Harmony at ₹5,650 per sq ft, all of which have maintained stable pricing with 0% change, except for Jakate Lilium, which is priced at ₹5,300 per sq ft after a depreciation of 0.97% from June 2025 to March 2026.

The rental market in the vicinity of Shikrapur shows a uniform average rental rate of ₹50 per sq ft across several key locations as of March 2026. While many areas like Wadegaon, Manjari, and Eon Free Zone have maintained stable rental rates with 0% change, some markets have fluctuated. For example, Gahunje has seen a significant rental appreciation of 54.17% from June 2025 to March 2026, whereas Kharadi experienced a rental depreciation of 4.08%, and Wagholi saw a depreciation of 2.7% over the same period.

As of March 2026, the apartment segment in Shikrapur is priced at an average of ₹3,500 per sq ft. This segment has experienced a depreciation of 18.86% from June 2025 to March 2026, which may signal a market correction or an adjustment in supply-side pricing. Investors and end-users should monitor this trend closely, as such fluctuations can often present entry opportunities for those looking to acquire residential assets in a developing locality.