- Shikrapur showcases a registration rate of ₹9,252 per sq ft, indicating underlying property value.
- Wagholi, a nearby micro-market, experienced a 2.58% increase in property rates.
- Government registration data reveals 70 transactions totaling ₹54 Cr over the past year.
- Maitri Developers Pune leads in transaction volume with 2 deals, indicating developer popularity.
- Maitri Gold is a top project by transactions and value, attracting buyer interest.
- Apartments are a key property type, though currently showing a price decline.
Property Rates in Shikrapur, Pune
Comprehensive Market Snapshot
Shikrapur's real estate market presents a dynamic landscape with a registration rate of ₹9,252 per sq ft, while the average asking price is not explicitly detailed. The market has seen fluctuations in quarterly rates, with a notable dip from ₹4,316 per sq ft in June 2025 to ₹3,502 per sq ft in September 2025 for the location, contrasted by micromarket rates of ₹8,434 and ₹8,926 respectively. Apartments are a key property type, currently averaging ₹3,502 per sq ft with a significant quarterly decrease of -18.86%. Rental data is not available for Shikrapur itself, but nearby areas show varied rental yields.
- Govt. Registration Prices₹ 9,252 /sq.ft
Insights for Shikrapur, Pune Real Estate Market
Shikrapur's real estate market is characterized by a registration rate of ₹9,252 per sq ft, indicating a solid underlying value, though the average asking price is not specified. Quarterly price trends show a decrease in location rates from ₹4,316 per sq ft in June 2025 to ₹3,502 per sq ft in September 2025, while micromarket rates saw an increase from ₹8,434 to ₹8,926 during the same period. Apartments are the primary property type, with an average price of ₹3,502 per sq ft, experiencing a notable decline of -18.86% this quarter. Government registration data highlights 70 transactions totaling ₹54 Cr between May 2025 and April 2026. Top developers by transactions include Maitri Developers Pune with 2 transactions, followed by Jalan Group and Nanda Raj Constructions with one transaction each. Among top projects by transactions, Maitri Gold recorded one transaction at ₹5,000 per sq ft, Jalan Aura City at ₹3,843 per sq ft, and Dnyanmanjula CHS at ₹3,704 per sq ft. The rental market shows activity in surrounding areas like Wadegaon averaging ₹47 per sq ft and Wagholi at ₹36 per sq ft.
Property Price Trends in Shikrapur, Pune
Shikrapur's property prices have shown a downward trend this past quarter. The location rate decreased from ₹4,316 per sq ft in June 2025 to ₹3,502 per sq ft in September 2025. Meanwhile, micromarket rates experienced a slight increase, moving from ₹8,434 per sq ft to ₹8,926 per sq ft in the same timeframe.
Apartments are the dominant property type in Shikrapur, currently averaging ₹3,502 per sq ft. This segment has experienced a significant decrease of -18.86% in the last quarter, indicating a shift in pricing dynamics for residential units.
The Shikrapur market has no reported Ready To Move or Under Construction units with available pricing data, suggesting a focus on other property segments or a gap in current reporting for these statuses.
Shikrapur's micro-markets exhibit diverse property values. Sanaswadi averages ₹4,288 per sq ft, while Talegaon Dhamdhere commands a higher ₹8,232 per sq ft. Koregaon Bhima is priced at ₹3,656 per sq ft, and Lonikand stands at ₹5,569 per sq ft. Shiraswadi hovers around ₹4,063 per sq ft, and Bakori is priced at ₹4,912 per sq ft. Ranjangaon offers properties at ₹5,274 per sq ft, and Wadegaon is notably higher at ₹9,199 per sq ft. Kesnand averages ₹6,283 per sq ft, and Wagholi is priced at ₹8,951 per sq ft, showing a 2.58% increase.
Project and Developer Insights
Among Shikrapur's premium residential offerings, Subhaj Garden City is listed at ₹6,784 per sq ft, followed by Sai Zion Apartments at ₹6,177 per sq ft. Shri Siddhivinayak Eco Gram shows a notable increase of 31.76% and is priced at ₹5,929 per sq ft. Mhalsakant Vindhya Heights is available at ₹5,764 per sq ft, and Nanda Harmony is priced at ₹5,646 per sq ft with a 17.5% increase.
Among Shikrapur's premium residential offerings, Subhaj Garden City is listed at ₹6,784 per sq ft, followed by Sai Zion Apartments at ₹6,177 per sq ft. Shri Siddhivinayak Eco Gram shows a notable increase of 31.76% and is priced at ₹5,929 per sq ft. Mhalsakant Vindhya Heights is available at ₹5,764 per sq ft, and Nanda Harmony is priced at ₹5,646 per sq ft with a 17.5% increase.
Government Registration in Shikrapur, Pune
- Sales Transactions70
- Gross Sales Value₹ 54 Cr
Recent Registered Transactions in Shikrapur
FAQs about Property Rates in Shikrapur, Pune
As of March 2026, the average asking price in Shikrapur is ₹0 per sq ft. This rate has remained stable with a change percentage of 0% over the comparison period. The locality also has a Government Registration Rate of ₹9,252 per sq ft, indicating a significant difference between asking prices and officially registered property values.
Property prices in Shikrapur have seen fluctuations over the past year. The micromarket rate was ₹13,390 per sq ft in March 2026, up from ₹9,201 per sq ft in December 2025. Prior to that, the micromarket rate was ₹8,926 per sq ft in September 2025, and ₹8,434 per sq ft in June 2025. This upward trend in micromarket rates suggests increasing property values in the surrounding areas of Shikrapur.
Property rates in Shikrapur vary significantly across its neighborhoods. As of March 2026, Wadegaon shows the highest average rate at ₹9,199 per sq ft, followed by Wagholi at ₹8,951 per sq ft, and Talegaon Dhamdhere at ₹8,232 per sq ft. In contrast, Koregaon Bhima has the lowest average rate at ₹3,656 per sq ft, with Sanaswadi at ₹4,288 per sq ft and Shiraswadi at ₹4,063 per sq ft. Notably, Wagholi has appreciated by 2.58% over the period.
As of March 2026, the average price for apartments in Shikrapur is ₹3,502 per sq ft. This represents a depreciation of 18.86% compared to the previous period, indicating a softening in apartment prices within the locality.
The top projects in Shikrapur by transaction activity, as of March 2026, include Maitri Gold with 1 transaction and a current rate of ₹5,000 per sq ft, Jalan Aura City with 1 transaction and a rate of ₹3,843 per sq ft, and Dnyanmanjula CHS with 1 transaction and a rate of ₹3,704 per sq ft. Each of these projects has recorded a single transaction, with no reported change percentage.
As of March 2026, projects in Shikrapur with the highest listing rates include Subhaj Garden City at ₹6,784 per sq ft, Sai Zion Apartments at ₹6,177 per sq ft, and Shri Siddhivinayak Eco Gram at ₹5,929 per sq ft. Shri Siddhivinayak Eco Gram has seen a significant appreciation of 31.76% in its listing rate, while Nanda Harmony has appreciated by 17.5% to ₹5,646 per sq ft.
Maitri Developers Pune leads in transaction volume in Shikrapur, with 2 transactions recorded. Following them are Jalan Group, Nanda Raj Constructions, and Veer Buildcon, each with 1 transaction. These developers are active in the Shikrapur market, with Maitri Developers Pune showing a higher engagement based on the number of deals.
As of March 2026, rental rates in the areas surrounding Shikrapur show varied trends. Gahunje has experienced a significant appreciation of 54.17%, with an average rental rate of ₹74 per sq ft. Conversely, Kharadi has seen a depreciation of 4.08% to ₹47 per sq ft, and Charholi Budruk has depreciated by 5% to ₹38 per sq ft. Wadegaon has a high average rental rate of ₹47 per sq ft with no change.
Rental yield data for Shikrapur's surrounding micromarkets indicates varying investment potential. For instance, Gahunje shows a strong average rental rate of ₹74 per sq ft, which, if combined with its property sale rates, would offer insights into its rental yield. Areas like Wadegaon command a high average rental rate of ₹47 per sq ft. Investors should analyze these rental rates in conjunction with property prices to estimate potential returns, as higher rental yields generally suggest better income generation relative to property value.
Rental rates in micromarkets around Shikrapur vary, with Gahunje showing the highest average at ₹74 per sq ft as of March 2026, reflecting a significant appreciation of 54.17%. Kharadi follows with an average rental rate of ₹47 per sq ft, having depreciated by 4.08%. Wadegaon also has an average rental rate of ₹47 per sq ft with no change. Other areas like Wagholi and Charholi Budruk have seen rental rates decrease by 2.7% and 5% respectively.
The provided data does not contain specific information on top rental projects within Shikrapur or its immediate vicinity, nor does it detail rental rates by property type or BHK configuration. Therefore, it is not possible to identify projects with leading rental demand or to analyze rental trends across different property configurations from the current dataset.
In Shikrapur, there is a notable difference between the average asking price and the Government Registration Rate as of March 2026. The average asking price is ₹0 per sq ft, while the Government Registration Rate stands at a significantly higher ₹9,252 per sq ft. This substantial disparity suggests that properties are being listed at prices much lower than the official government valuation, which could be influenced by various market factors or reporting methodologies.
The property status data for Shikrapur indicates that there are currently no units available for 'Ready To Move' or 'Under Construction' properties, with average prices listed as ₹0 per sq ft for both. This suggests a lack of new inventory or a data reporting gap for these categories in Shikrapur as of March 2026.
The property rate data for Shikrapur can inform decisions by providing insights into price trends, neighborhood variations, and project-specific values. Analyzing the price trend shows an increase in micromarket rates over the past year. Comparing average rates across localities like Wadegaon (₹9,199 per sq ft) and Koregaon Bhima (₹3,656 per sq ft) helps identify areas with different pricing levels. Examining top projects by listing rates, such as Subhaj Garden City (₹6,784 per sq ft), can highlight premium offerings. This data aids buyers in understanding market value and investors in identifying potential growth areas.