Pune
The real estate market in Shirgaon displays a nuanced landscape characterized by a mix of ready-to-move supply and active project developments. Recent registration data indicates consistent activity with 29 transactions recorded, highlighting a stable interest level among homebuyers. While property rates have seen fluctuations, the presence of major developers like the Kohinoor Group adds credibility to the region's growth trajectory. Rental demand remains consistent across surrounding areas, with many micro-locations averaging ₹50 per sq ft.
As of June 2026, the average asking price in Shirgaon is ₹5,800 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market.
The average asking price in Shirgaon is ₹5,800 per sq ft, which sits slightly above the Government Registration Rate of ₹5,700 per sq ft as of June 2026. This marginal difference suggests that the market value is closely aligned with official benchmarks, providing a transparent pricing environment for buyers and investors in the area.
The micromarket rate in Shirgaon has shown a consistent upward trajectory over the last few quarters, reaching ₹12,600 per sq ft in June 2026 compared to ₹12,500 per sq ft in March 2026. This trend reflects steady demand growth, following a rise from ₹12,250 per sq ft in December 2025 and ₹9,300 per sq ft in September 2025, signaling growing investor and end-user confidence in the locality.
As of June 2026, Ready To Move projects in Shirgaon command an average price of ₹7,550 per sq ft, which has appreciated by 6.37% compared to the previous period. Meanwhile, Partially Ready To Move projects are priced at ₹7,700 per sq ft, having seen a depreciation of 1.44% over the same timeframe. This data helps buyers choose between immediate occupancy and near-completion projects based on their specific budget and timeline requirements.
As of June 2026, Prem Geet Apartment leads with a listing rate of ₹9,050 per sq ft, despite a depreciation of 2.53% from the prior period. Other notable premium projects include Shantai Residency at ₹8,000 per sq ft (depreciated by 1.88%) and Rising Sai Bliss Phase II at ₹7,700 per sq ft, which has seen significant appreciation of 14.71%.
Rental rates in the areas surrounding Shirgaon are currently uniform at ₹50 per sq ft, though they show varying growth patterns. For instance, while Pradhikaran has seen an appreciation of 8.82% and Nigdi has surged by 25%, other areas like Gahunje and Jambhe have experienced rental depreciation of 21.62% and 17.14% respectively, as of June 2026. This variance suggests that rental demand is highly localized and sensitive to the specific infrastructure and connectivity of each neighbourhood.
Kohinoor Group is currently the most prominent developer in Shirgaon, recording 2 transactions as of June 2026. Their activity level highlights their significant presence and influence in shaping the residential landscape of the locality.
The 0% change in the average asking price of ₹5,800 per sq ft as of June 2026 suggests a balanced market where supply and demand are currently in equilibrium. For prospective buyers, this stability offers a predictable environment to conduct property searches without the pressure of rapid price fluctuations, making it an ideal time to evaluate long-term value in the area.
