Squareyards Logo
Blogs
Download App Sell or Rent Property
Login
Insights

Insights for Shikrapur, Pune Real Estate Market Overview

The real estate landscape in Shikrapur presents a distinct profile for investors and homebuyers alike. With an average asking price of ₹3,500 per sq ft, the locality offers significant value, particularly when compared to the broader Pune market. Rental activity across the region remains consistent, with several nearby hubs maintaining a steady average rental rate of ₹50 per sq ft. Government registration data confirms ongoing market movement, with 10 transactions recorded recently, totaling a gross value of ₹4 Cr.

  • The residential market in Shikrapur is characterized by an average apartment price of ₹3,500 per sq ft.
  • Rental rates across key surrounding areas like Wagholi, Kharadi, and Lohgaon are consistently pegged at ₹50 per sq ft.
  • Subhaj Garden City stands out among local projects with a premium listing rate of ₹6,800 per sq ft.
  • Recent government registration activity shows 10 transactions, reflecting active interest in the area's property market.

Market Strengths
  • Shikrapur maintains a highly accessible average property rate of ₹3,500 per sq ft, making it an attractive option for first-time buyers.
  • The area is supported by a solid foundation of rental demand, with multiple surrounding localities holding a steady average rental rate of ₹50 per sq ft.
  • Transaction activity is supported by 10 recent registrations, totaling ₹4 Cr, which indicates consistent buyer engagement in the local market.
  • A wide variety of project price points exists, ranging from ₹4,800 per sq ft at Bangar Green Nest Residency to ₹6,800 per sq ft at Subhaj Garden City.
  • Proximity to established areas like Kharadi and Wagholi provides residents with access to broader regional infrastructure while maintaining lower local property costs.
Market Challenges
  • The residential apartment segment in Shikrapur has seen a price change of -18.86%, which may impact short-term capital appreciation expectations.
  • Rental rates in several nearby hubs, including Lohgaon, have experienced a negative change of -5.56%, indicating potential pressure on rental growth in the immediate vicinity.
Investment Opportunities
  • The competitive average asking price of ₹3,500 per sq ft in Shikrapur provides a low-entry barrier for long-term residential investment.
  • Consistent rental rates of ₹50 per sq ft across surrounding areas like Wagholi and Kharadi suggest a stable demand for rental housing in the broader region.
  • Established projects such as Subhaj Garden City and Sai Zion Apartments offer higher-tier residential options for those prioritizing project quality.
  • The diverse range of project pricing, from ₹4,800 to ₹6,800 per sq ft, allows investors to choose properties based on their specific budget and location preferences.
Top Localities in Shikrapur, Pune

Koregaon Bhima

Avg Price ₹ 3,650 /Sq.Ft.
LISTINGS 2
Price Trend

Shikrapur, Pune Property Price Trends and Appreciation

About Asking Price Trends
Shikrapur Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Wagholi 8,850 -1
Manjari Khurd 11,450 -
Charholi Budruk 8,900 -5.4
Wagholi 8,850 -1
Lohgaon 10,250 12.3
Manjari 10,450 2.1
Gahunje 15,100 24.3
Manjri Budruk 10,150 3.1
Kharadi 14,950 5.4
Loni Kalbhor 9,000 -1.4
Shikrapur's surrounding locations show varied pricing dynamics that define the wider Pune East market. Wagholi and Charholi Budruk command rates of ₹8,850 and ₹8,900 per sq ft respectively, while Loni Kalbhor hovers around ₹9,000 per sq ft. In contrast, premium areas like Gahunje and Kharadi reach higher thresholds, averaging ₹15,100 and ₹14,950 per sq ft. These benchmarks provide a clear perspective on how Shikrapur’s localized pricing relates to the broader regional trends.
Type Rate (₹/Sq.Ft) Change %
Apartment 3,500 -18.9
Shikrapur’s real estate market focuses primarily on residential apartments, which currently average ₹3,500 per sq ft. This segment has experienced a change of -18.86%, offering a unique entry point for those looking to invest in the region. This price level makes the area a competitive choice for buyers seeking value-driven residential opportunities within the Pune outskirts.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move - - -
Under Construction - - -
Project & Developer Insights

Top Residential Projects and Developers in Shikrapur

Top Projects in Shikrapur
Godrej Ivara is the top project in Shikrapur with prices from ₹ 1.27 Cr to 3.14 Cr.
Godrej Ivara ₹ 1.27 Cr - ₹ 3.14 Cr
  • Pune East, Pune
VTP Aurelia ₹ 92 L - ₹ 1.37 Cr
  • Pune East, Pune
Shapoorji Pallonji Everra ₹ 1.55 Cr - ₹ 2.55 Cr
  • Pune East, Pune
Kohinoor White House Price On Request
  • Pune East, Pune
Lodha Camelot ₹ 2.34 Cr - ₹ 4.23 Cr
  • Pune East, Pune
Vilas Javdekar Kharadi Indiworks ₹ 57 L - ₹ 13.74 Cr
  • Pune East, Pune
Birla Evam ₹ 56.41 L - ₹ 1.24 Cr
  • Pune East, Pune
Gera Garden In The Sky ₹ 1.36 Cr - ₹ 3 Cr
  • Pune East, Pune
Godrej Aqua Vista ₹ 1.05 Cr - ₹ 1.48 Cr
  • Pune East, Pune
VTP Altamira ₹ 1.4 Cr - ₹ 2.12 Cr
  • Pune East, Pune
View More
New Launch
Under Construction
Ready to Move
Top Developers in Pune
Maple Group leads in Pune with 17 projects and years of experience.
DLF
Maple Group ₹ 11.47 L - ₹ 73.21 L
  • 17 Projects
DLF
Jalan Group ₹ 12.48 L - ₹ 38.59 L
  • 13 Projects
DLF
Triaa Housing Pvt Ltd ₹ 14.99 L - ₹ 1.66 Cr
  • 11 Projects
DLF
Ishwar Parmar Group ₹ 35 L - ₹ 72.36 L
  • 8 Projects
DLF
Shri Siddhivinayak ₹ 22 L - ₹ 74.09 L
  • 3 Projects
  • 30 Years
DLF
Saptarshi Developers ₹ 21.89 L - ₹ 28.13 L
  • 3 Projects
DLF
Shekhar Home Developers ₹ 19 L - ₹ 19.22 L
  • 3 Projects
DLF
Cozy ₹ 23.15 L - ₹ 32.84 L
  • 2 Projects
DLF
Maitri Developers Pune ₹ 17.1 L - ₹ 87.84 L
  • 2 Projects
DLF
Green Homes
  • 2 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Shikrapur offer a range of price points for prospective buyers. Subhaj Garden City leads the market with an asking price of ₹6,800 per sq ft, followed by Sai Zion Apartments at ₹6,200 per sq ft. Shri Siddhivinayak Eco Gram and Mhalsakant Vindhya Heights are also prominent, priced at ₹5,950 and ₹5,750 per sq ft respectively. Additional projects like Nanda Harmony, Saptarshi Kamal Baug, and Jakate Lilium further diversify the local options for those seeking established residential communities.
Government Registrations

Government Registration in Shikrapur, Pune

Official registration data indicates active interest in the Shikrapur market, with 10 transactions recorded between Nov 25 and Oct 26. These deals represent a total gross value of ₹4 Cr, highlighting steady engagement from property buyers in the region.
Sales Transactions 10
Gross Sales Value ₹ 4 Cr
Recent Registered Transactions

Recent Registered Transactions in Shikrapur

The market recorded 10 registrations between Nov 25 and Oct 26, with a total gross value of ₹4 Cr.
Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-11-14 Floor 4, Unit 404 N/A 396 Sq.Ft.
2025-11-13 Floor 4, Unit 401 Aboli, B5 470 Sq.Ft.
2025-11-11 Floor 1, Unit 101 A 445 Sq.Ft.
2025-10-31 Floor 4, Unit 402 5 373 Sq.Ft.
2025-10-27 Unit 8 N/A 753 Sq.Ft.
2025-10-17 Unit 3 N/A 692 Sq.Ft.
2025-10-09 Floor 2, Unit 211 N/A 523 Sq.Ft.
2025-10-08 Floor 2, Unit 201 A 445 Sq.Ft.
2025-10-08 Floor 7, Unit 701 A 445 Sq.Ft.
2025-10-03 Floor 4, Unit 404 A 335 Sq.Ft.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shikrapur, Pune

Avg. Asking Price ₹ 16,650 /Sq.Ft
Govt Registration Rate ₹ 13,500 /Sq.Ft
Avg. Asking Price ₹ 14,100 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 13,900 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,600 /Sq.Ft
Avg. Asking Price ₹ 12,500 /Sq.Ft
Govt Registration Rate ₹ 8,050 /Sq.Ft

More insights about Shikrapur, Pune

FAQ

Frequently Asked Questions About Property Rates in Shikrapur, Pune

What is the current average asking price in Shikrapur?

As of September 2026, the average asking price in Shikrapur stands at ₹3,500 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price consolidation in the local residential market.

How have property price trends evolved in the Shikrapur micromarket recently?

The micromarket rates in Shikrapur have shown a fluctuating trajectory throughout 2026. As of September 2026, the micromarket rate is ₹13,800 per sq ft, following a dip from ₹14,100 per sq ft in June 2026. Earlier in the year, the market recorded rates of ₹13,400 per sq ft in both March 2026 and December 2025, suggesting that despite recent volatility, the market is currently navigating through a correction phase.

How do property rates in Shikrapur compare to nearby neighbourhoods?

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, Gahunje commands a higher rate of ₹15,100 per sq ft, which appreciated by 24.27% from June 2025 to September 2026, while Kharadi stands at ₹14,950 per sq ft, reflecting a 5.39% appreciation over the same period. Other nearby areas like Wagholi and Charholi Budruk are priced at ₹8,850 per sq ft and ₹8,900 per sq ft respectively, showing that Shikrapur currently offers a distinct entry-level price point for property seekers.

What is the price trend for apartments in Shikrapur?

Apartments in Shikrapur are currently priced at an average of ₹3,500 per sq ft as of September 2026. This segment has experienced a depreciation of 18.86% when comparing recent data to the previous period, which may signal a market correction or a shift in the supply-demand balance for residential apartments in the locality.

Which residential projects in Shikrapur have the highest listing rates?

As of September 2026, Subhaj Garden City leads the listing rates in Shikrapur at ₹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 these projects have maintained stable pricing with a 0% change, reflecting a consistent value positioning within the local real estate landscape.

What is the rental landscape like in the regions surrounding Shikrapur?

The rental market across the broader region surrounding Shikrapur is currently characterized by a uniform average rental rate of ₹50 per sq ft as of September 2026. While many areas like Wagholi, Charholi Budruk, and Kharadi have seen slight rental depreciations—such as a 2.7% decrease in Wagholi and a 1.96% decrease in Kharadi from the previous period—other locations like Gahunje have seen a modest appreciation of 1.72%. This consistent rental benchmark of ₹50 per sq ft across multiple micromarkets suggests a stabilized rental environment for tenants in the Pune east corridor.

How can buyers use the Shikrapur property rates page for decision-making?

Buyers can use this page to benchmark their investment by comparing the average asking price of ₹3,500 per sq ft against the specific listing rates of top projects like Subhaj Garden City or Sai Zion Apartments. By reviewing the quarterly micromarket rate trends—which moved from ₹13,400 per sq ft in December 2025 to ₹13,800 per sq ft in September 2026—users can gauge the historical price movement and determine if the current market entry point aligns with their budget and investment goals.

Country/City