Property Rates in Shikrapur, Pune 2026

Property price trends in Shikrapur have shown a consistent upward trajectory in the broader micromarket, moving from ₹11,400 per sq ft in September 2025 to ₹13,750 per sq ft by June 2026. While the local average for specific residential projects remains at ₹3,500 per sq ft as of June 2026, the overall micromarket appreciation reflects growing demand and evolving infrastructure in the region.

Property rates in Shikrapur, currently at ₹3,500 per sq ft as of June 2026, are significantly more accessible than many surrounding areas in Pune. For comparison, nearby localities such as Kharadi command an average rate of ₹14,200 per sq ft (which appreciated by 1.67% from the previous period), while Keshav Nagar stands at ₹13,450 per sq ft (which depreciated by 15.53%). Other areas like Alandi are priced at ₹8,000 per sq ft, showing a notable appreciation of 35.86%.

As of June 2026, the average asking price in Shikrapur is ₹3,500 per sq ft, while the Government Registration Rate is listed at ₹9,250 per sq ft. It is important for buyers to note that the Government Registration Rate serves as a benchmark for stamp duty and registration calculations, and variations between this and the market asking price can occur due to project-specific amenities, location advantages, or current market demand.

The top projects in Shikrapur by listing rates as of June 2026 include Subhaj Garden City at ₹6,800 per sq ft and Sai Zion Apartments at ₹6,200 per sq ft. Other notable developments include Shri Siddhivinayak Eco Gram at ₹5,950 per sq ft and Mhalsakant Vindhya Heights at ₹5,750 per sq ft. Most of these projects have maintained stable pricing with a 0% change, except for Jakate Lilium, which is currently priced at ₹5,300 per sq ft after a depreciation of 0.97%.

Rental rates across the broader region surrounding Shikrapur are consistently observed at ₹50 per sq ft as of June 2026. While the rate is uniform across several nearby localities, the market dynamics vary; for instance, rental rates in Kharadi have appreciated by 4.26%, whereas areas like Gahunje have seen a depreciation of 20.27% compared to the previous period. Investors should monitor these fluctuations as they reflect the varying rental demand and tenant preferences across different Pune micromarkets.

You can use the data on this page to benchmark your investment or purchase by comparing the average asking price in Shikrapur of ₹3,500 per sq ft against the broader micromarket trends and nearby localities. By reviewing the price history from September 2025 to June 2026 and observing the stability in current project rates, you can better assess whether a property is priced competitively. Additionally, the Government Registration Rate of ₹9,250 per sq ft provides a necessary reference point for understanding the fiscal valuation of properties in this area.