Property Rates in Shikrapur, Pune 2026

Property prices in the Shikrapur micromarket have shown a positive trajectory, rising from ₹11,400 per sq ft in September 2025 to ₹14,100 per sq ft by June 2026. This upward movement across the last three quarters suggests growing demand and increased interest in the locality's real estate offerings.

As of June 2026, the average asking price for apartments in Shikrapur stands at ₹3,500 per sq ft. This figure reflects a depreciation of 18.86% when compared to the preceding period, suggesting a market correction or a shift in the inventory mix currently available for sale.

As of June 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 in their listing rates as of June 2026.

Rental rates across the broader region are largely consistent at ₹50 per sq ft as of June 2026, though growth trends vary significantly by area. For instance, Kharadi has seen a notable appreciation of 8.51% compared to the prior period, while Gahunje has experienced a depreciation of 21.62%. Meanwhile, areas like Wagholi and Lohgaon have seen modest rental growth of 2.78% and 2.86% respectively, reflecting diverse demand patterns across these Pune micromarkets.

While the average rental rate in many surrounding localities is ₹50 per sq ft as of June 2026, investors should note the volatility in rental growth. Areas like Kharadi demonstrate strong rental momentum with an 8.51% appreciation, whereas Charholi Budruk has seen a depreciation of 7.89% and Wadegaon a depreciation of 2.13% over the same period. This variance highlights the importance of selecting specific, high-demand pockets when evaluating rental income potential in the region.