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Insights for Shikrapur, Pune Real Estate Market Overview

The Shikrapur real estate market presents a distinct profile characterized by accessible entry-level pricing and a growing catalog of residential projects. While the broader Pune east region shows varied growth, Shikrapur remains a focused hub for those seeking value-driven investments. Recent market data indicates that while some projects maintain stable valuation, others see minor adjustments, reflecting a balanced supply-demand dynamic. The area is increasingly attracting attention from buyers who prioritize long-term appreciation over immediate, high-premium gains.

  • Property rates currently average ₹3,500 per sq ft, offering a competitive entry point for residential buyers.
  • Subhaj Garden City leads the local project listings with an asking rate of ₹6,800 per sq ft.
  • The residential sector shows a wide variety of project options, with rates spanning from ₹4,800 to ₹6,800 per sq ft.
  • Rental rates across the surrounding micromarkets, such as Wagholi and Lohgaon, consistently hover around ₹50 per sq ft.
  • Government registration activity in the region has recorded 62 transactions, totaling a gross value of ₹17 Cr.

Market Strengths
  • Highly competitive entry-level pricing for residential apartments.
  • Strong transaction volume with 62 registered deals in the recent period.
  • Diverse project options catering to different budget preferences.
  • Consistent rental performance across the surrounding Pune east locations.
  • Total transaction value reaching ₹17 Cr, demonstrating significant market liquidity.
Market Challenges
  • Residential property rates have seen a -18.86% change, indicating a cooling trend in segment pricing.
  • Jakate Lilium has experienced a minor price dip of -0.97%.
Investment Opportunities
  • Entry-level residential investment at an average rate of ₹3,500 per sq ft.
  • Potential for long-term growth as the Pune east corridor continues to develop.
  • Access to a variety of established projects like Subhaj Garden City and Sai Zion Apartments.
  • Stable rental demand in neighboring hubs with rates at ₹50 per sq ft.
Top Localities in Shikrapur, Pune

Lonikand

Avg Price ₹ 5,550 /Sq.Ft.
LISTINGS 1

Koregaon Bhima

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

Shikrapur, Pune Property Price Trends and Appreciation

As of September 2025, the local rate in Shikrapur stands at ₹3,500 per sq ft. This valuation aligns with the broader development activity seen across the Pune east corridor, where micromarket rates currently average ₹11,400 per sq ft.
Asking Price Trends
₹ 3,500/Sq.Ft
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 0
Mar 2026 0
Dec 2025 0
Sep 2025 3500
About Asking Price Trends
Shikrapur Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Wagholi 8,950 -0.1
Charholi Budruk 9,400 5.2
Lohgaon 9,100 5.2
Manjari 10,250 2.7
Gahunje 12,150 -4.9
Manjri Budruk 9,850 -3.5
Kharadi 14,200 1.7
Loni Kalbhor 9,150 11.6
Alandi 8,000 35.9
Keshav Nagar 13,450 -15.5
Real estate in the Pune east region shows significant variance, with Kharadi commanding a premium at ₹14,200 per sq ft. In contrast, locations like Alandi offer more accessible entry points at ₹8,000 per sq ft. Shikrapur stands out for its unique pricing, while other hubs like Wagholi and Lohgaon hover around the ₹8,950 and ₹9,100 per sq ft marks respectively.
Type Rate (₹/Sq.Ft) Change %
Apartment 3,500 -18.9
The residential market in Shikrapur is primarily focused on apartment-style living for prospective residents. These units are currently priced at an average of ₹3,500 per sq ft, reflecting a -18.86% shift in the market trend. This pricing structure suggests a buyer-friendly environment for those looking to secure property in an emerging locality.
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 Altamira ₹ 1.39 Cr - ₹ 2.12 Cr
  • Pune East, Pune
Kohinoor Kaleido ₹ 89.90 L - ₹ 1.37 Cr
  • Pune East, Pune
Vilas Javdekar K38 ₹ 36.44 L - ₹ 1.9 Cr
  • Pune East, Pune
Vilas Javdekar Yashwin Enchante ₹ 95.71 L - ₹ 1.15 Cr
  • Pune East, Pune
Vilas Javdekar Kharadi Indiworks ₹ 66.95 L - ₹ 13.74 Cr
  • Pune East, Pune
Mahindra IvyLush ₹ 1.05 Cr - ₹ 2.18 Cr
  • Pune East, Pune
Gera Garden In The Sky ₹ 1.36 Cr - ₹ 3 Cr
  • Pune East, Pune
Purva Atmosphere ₹ 1.05 Cr - ₹ 1.82 Cr
  • Pune East, Pune
Godrej Aqua Vista ₹ 97 L - ₹ 1.37 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 ₹ 29.99 L - ₹ 56.52 L
  • 8 Projects
DLF
Shri Siddhivinayak ₹ 22 L - ₹ 74.09 L
  • 3 Projects
  • 30 Years
DLF
Saptarshi Developers ₹ 23.51 L - ₹ 33.49 L
  • 3 Projects
DLF
Shekhar Home Developers ₹ 19 L - ₹ 19.22 L
  • 3 Projects
DLF
Cozy ₹ 23.6 L - ₹ 33.48 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 are led by Subhaj Garden City, which is priced at ₹6,800 per sq ft. Sai Zion Apartments follows at ₹6,200 per sq ft, while Shri Siddhivinayak Eco Gram is available 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, showcasing a range of established options for discerning buyers.
Government Registrations

Government Registration in Shikrapur, Pune

Official registration data for the period between September 2025 and August 2026 highlights consistent market momentum in the region. A total of 62 transactions were successfully registered, resulting in a gross value of ₹17 Cr. This volume of activity underscores a steady interest from buyers in the local property landscape.
Sales Transactions 62
Gross Sales Value ₹ 17 Cr

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shikrapur, Pune

Avg. Asking Price ₹ 15,700 /Sq.Ft
Govt Registration Rate ₹ 12,200 /Sq.Ft
Avg. Asking Price ₹ 13,400 /Sq.Ft
Govt Registration Rate ₹ 9,050 /Sq.Ft
Avg. Asking Price ₹ 13,250 /Sq.Ft
Govt Registration Rate ₹ 10,100 /Sq.Ft
Avg. Asking Price ₹ 12,500 /Sq.Ft
Avg. Asking Price ₹ 12,000 /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 June 2026, the average asking price in Shikrapur stands at ₹3,500 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand have reached a temporary equilibrium.

How have property prices in Shikrapur trended recently?

The property price trend in Shikrapur shows a consistent upward trajectory in the broader micromarket rates. As of June 2026, the micromarket rate reached ₹13,750 per sq ft, rising from ₹13,400 per sq ft in March 2026 and December 2025, and significantly up from ₹11,400 per sq ft in September 2025. This steady growth suggests increasing investor confidence and sustained demand within the region.

How does the average asking price in Shikrapur compare to the Government Registration Rate?

The average asking price in Shikrapur is ₹3,500 per sq ft, while the Government Registration Rate is currently recorded 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 fees, and variations between this and the market asking price are common based on project-specific amenities and location advantages.

What is the price trend for apartments in Shikrapur?

As of June 2026, the average asking price for apartments in Shikrapur is ₹3,500 per sq ft. This segment has seen a depreciation of 18.86% compared to the previous period, which may signal a market correction or an adjustment in the inventory mix available for sale in the area.

Which residential projects in Shikrapur currently command the highest listing rates?

Among the notable residential projects in Shikrapur, 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 as of June 2026. Other significant projects include Mhalsakant Vindhya Heights at ₹5,750 per sq ft and Nanda Harmony at ₹5,650 per sq ft. Most of these projects have maintained stable pricing with a 0% change, except for Jakate Lilium, which is listed at ₹5,300 per sq ft after a minor depreciation of 0.97%.

How do rental rates vary across different neighbourhoods near Shikrapur?

Rental rates across neighbourhoods near Shikrapur are relatively uniform, with most areas such as Wagholi, Manjari, Kharadi, and Lohgaon commanding an average rental rate of ₹50 per sq ft as of June 2026. While many areas like Wagholi and Manjari have seen stable rental trends with 0% change, some localities show volatility; for instance, Gahunje experienced a depreciation of 20.27%, whereas Kharadi saw an appreciation of 4.26% compared to the previous period.

How can buyers use the property rate data for Shikrapur to make informed decisions?

Buyers can use the property rate data for Shikrapur to benchmark current asking prices against broader micromarket trends and government-notified rates. By observing that the current average asking price is ₹3,500 per sq ft as of June 2026, buyers can evaluate if a specific project's listing rate—such as Subhaj Garden City at ₹6,800 per sq ft—aligns with their budget and the project's perceived value. Additionally, tracking the stability of these prices helps in determining whether to enter the market now or wait for further shifts.

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