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Property Rates in Shikrapur, Pune

Comprehensive Market Snapshot

The Shikrapur real estate market in Pune presents a dynamic landscape, with current asking prices averaging ₹3,502 per sq ft. This contrasts with a significantly higher registration rate of ₹9,252 per sq ft, indicating robust transaction values. Recent quarterly trends show some fluctuations in asking prices, while government registration data highlights a healthy transaction volume of 70 deals valued at ₹54 Cr over the past year. Apartments form the primary property type available, and established developers like Maitri Developers Pune are actively shaping the market through notable projects.

  • Asking Sale Price₹ 3,502/sq.ft
  • Govt. Registration Prices₹ 9,252/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Government Registrations
  • Other Property Rates

Insights for Shikrapur, Pune Real Estate Market

Shikrapur's property market in Pune showcases a compelling blend of competitive asking prices and strong transaction activity. The average asking price for properties stands at ₹3,502 per sq ft, which is considerably lower than the average registration rate of ₹9,252 per sq ft. This disparity might suggest a buyer-friendly market for listed properties or a premium commanded by properties at the point of registration. Quarterly price trends for Shikrapur indicate some volatility, with asking rates experiencing a notable decrease from ₹4,316 per sq ft in June 2025 to ₹3,502 per sq ft in September 2025, suggesting a period of market adjustment. Comparing Shikrapur with its neighbors, its current asking price is positioned below localities like Sanaswadi (₹4,288 per sq ft) and Lonikand (₹5,569 per sq ft), and significantly lower than premium areas such as Wagholi (₹8,951 per sq ft) and Wadegaon (₹9,199 per sq ft). The market is predominantly characterized by apartment offerings, which have seen an 18.86% adjustment in their average price. While specific data for 'Ready To Move' and 'Under Construction' inventory is not detailed, the market remains active with 70 government registered transactions amounting to ₹54 Cr between April 2025 and March 2026. Top projects like Maitri Gold and Dnyanmanjula CHS have driven significant transactions, supported by active developers such as Maitri Developers Pune and Jalan Group, who are key players in the locality's development.

Market Strengths Market Strengths
  • Shikrapur demonstrates a robust primary market with 70 government-registered transactions valued at ₹54 Cr between April 2025 and March 2026.
  • The presence of active and reputable developers such as Maitri Developers Pune and Jalan Group contributes to market credibility and quality project offerings.
  • Shikrapur's average asking price of ₹3,502 per sq ft is competitive compared to several neighboring localities, offering relative affordability.
  • The micromarket's higher average rates suggest a strong regional property market, providing a positive backdrop for potential appreciation in Shikrapur.
  • Projects like Maitri Gold and Dnyanmanjula CHS have shown strong transaction values, highlighting demand for quality developments within the area.
  • Consistent developer activity across various projects indicates ongoing development and supply in the region.
Market Challenges Market Challenges
  • A notable 18.86% decrease in apartment asking prices suggests potential price volatility or a market correction phase, requiring careful evaluation by investors.
  • The absence of specific data for 'Ready To Move' or 'Under Construction' inventory might limit options for buyers seeking new or immediate possession properties.
  • Lack of average rental rate information makes it challenging to accurately assess the rental yield potential for investment properties directly from the provided data.
  • The significant gap between asking price (₹3,502 per sq ft) and registration rate (₹9,252 per sq ft) could imply complexities in valuation or different property segments driving these rates.
  • The lack of a reported location rate for December 2025 in price trends might indicate a temporary pause in market reporting or a need for updated data for the locality.
Investment Opportunities Investment Opportunities
  • The competitive average asking price of ₹3,502 per sq ft, significantly lower than the average registration rate of ₹9,252 per sq ft, may indicate potential for capital appreciation or attractive entry points for buyers.
  • Robust transaction activity, with 70 registered deals totaling ₹54 Cr in gross value, signals a liquid and active secondary market in Shikrapur.
  • The presence of established developers like Maitri Developers Pune and Jalan Group suggests reliability and quality construction, bolstering investor confidence.
  • Apartments, despite recent price adjustments, remain the primary property type, offering a clear and focused segment for investment.
  • The broader micromarket rate of ₹9,201 per sq ft indicates a strong surrounding market, which could positively influence Shikrapur's property values over time.
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Property Price Trends in Shikrapur, Pune

Asking Price Trends

Shikrapur's property market has experienced dynamic shifts in asking prices over recent quarters. After reaching ₹4,316 per sq ft in June 2025, the average asking rate saw a notable adjustment, settling at ₹3,502 per sq ft by September 2025. This trend indicates a period of price correction or market recalibration for the locality. While specific data for the most recent quarter (Dec 2025) for Shikrapur itself is not available, the broader micromarket rate stood at ₹9,201 per sq ft, suggesting a robust surrounding market.

Quarter City Rate
Dec 2025 0
Sep 2025 3502
Jun 2025 4316
Mar 2025 4238
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Price Trends by Property Type

The Shikrapur real estate market primarily caters to the apartment segment, with properties currently listed at an average asking price of ₹3,502 per sq ft. This segment has experienced a notable decrease of 18.86% in its average price, suggesting a potential recalibration in market valuations or increased buyer opportunities within this property type.

Type Rate (₹/sq.ft) Change %
Apartment 3,502 -18.86
Price Trends by Project Status
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 0 0 -
Under Construction 0 0 -
Price Trends by Localities

Shikrapur's average asking price of ₹3,502 per sq ft positions it as a competitive option within its micro-market. Neighboring Koregaon Bhima offers a similar rate at ₹3,656 per sq ft, while Shiraswadi is slightly higher at ₹4,063 per sq ft. Other localities like Sanaswadi (₹4,288 per sq ft) and Bakori (₹4,912 per sq ft) command somewhat higher prices. In contrast, areas such as Wagholi (₹8,951 per sq ft) and Wadegaon (₹9,199 per sq ft) feature significantly higher rates, illustrating the diverse pricing dynamics across the region.

Location Rate (₹/sq.ft) Change %
Sanaswadi 4,288 -
Talegaon Dhamdhere 8,232 -
Koregaon Bhima 3,656 -
Lonikand 5,569 -
Shiraswadi 4,063 -
Bakori 4,912 -
Ranjangaon 5,274 -
Wadegaon 9,199 -
Kesnand 6,283 -
Wagholi 8,951 2.6

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Shikrapur are setting higher benchmarks for asking prices. Subhaj Garden City leads with properties commanding ₹6,784 per sq ft, reflecting its high-value positioning. Sai Zion Apartments follows closely, averaging ₹6,177 per sq ft. Shri Siddhivinayak Eco Gram has also seen significant appreciation, with its rates at ₹5,929 per sq ft, marking a 31.76% increase. Other notable projects like Nanda Harmony (₹5,646 per sq ft, up 17.5%) and Mhalsakant Vindhya Heights (₹5,764 per sq ft) further define the aspirational segment of the market.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Subhaj Garden City 6,784 -
Sai Zion Apartments 6,177 -
Shri Siddhivinayak Eco Gram 5,929 31.8
Mhalsakant Vindhya Heights 5,764 -
Nanda Harmony 5,646 17.5
Saptarshi Kamal Baug 5,498 -
Jakate Lilium 5,336 -
Maitri Gold 5,000 -
Winstar Nandan 4,988 -
Bangar Green Nest Residency 4,798 -
Project Name Current Price (₹/sq.ft) Sale Value Change %
Maitri Gold 5,000 ₹ 35.5 L -
Dnyanmanjula Chs 3,704 ₹ 21 L -
Jalan Aura City 3,843 ₹ 12 L -
Project Name Current Price (₹/sq.ft) Transactions Change %
Maitri Gold 5,000 1 -
Jalan Aura City 3,843 1 -
Dnyanmanjula Chs 3,704 1 -
Top Developers by Transaction Count

Premium residential developments in Shikrapur are setting higher benchmarks for asking prices. Subhaj Garden City leads with properties commanding ₹6,784 per sq ft, reflecting its high-value positioning. Sai Zion Apartments follows closely, averaging ₹6,177 per sq ft. Shri Siddhivinayak Eco Gram has also seen significant appreciation, with its rates at ₹5,929 per sq ft, marking a 31.76% increase. Other notable projects like Nanda Harmony (₹5,646 per sq ft, up 17.5%) and Mhalsakant Vindhya Heights (₹5,764 per sq ft) further define the aspirational segment of the market.

  • By Transaction
Developer Transactions
Maitri Developers Pune 2
Jalan Group 1
Nanda Raj Constructions 1
Veer Buildcon 1

Government Registration in Shikrapur, Pune

  • Sales Transactions70
  • Gross Sales Value₹ 54 Cr

Government registration data reveals a robust transaction landscape in Shikrapur, with 70 properties officially registered between April 2025 and March 2026. These transactions collectively generated a gross value of ₹54 Cr. The market's activity is significantly shaped by developers such as Maitri Developers Pune, who led in transaction volumes. Projects like Maitri Gold and Dnyanmanjula CHS were particularly active in attracting buyer interest, contributing substantially to the overall market turnover.

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