Property Rates in Shivajinagar, Pune

Shivajinagar's real estate market caters to diverse preferences, with office spaces and apartments being the prominent property types. Office spaces lead the commercial segment, averaging ₹23,989 per sq ft, despite a slight change of -0.24%. Meanwhile, apartments are a popular residential choice, priced at an average of ₹22,952 per sq ft, and have experienced a positive change of 1.24%, indicating growing demand in this segment.

The Shivajinagar market offers properties across various development stages, appealing to different buyer timelines. Ready To Move inventory is the most abundant, with 154 units available at an average of ₹14,892 per sq ft, although this segment saw a -12.31% price change. Under Construction projects provide 26 opportunities, averaging ₹17,523 per sq ft with a -5.89% change. Additionally, New Launch properties are available at ₹15,223 per sq ft with a -4.9% change, offering future growth potential.

Shivajinagar's average property rate stands at ₹20,983 per sq ft, positioning it as a moderately priced area within its vicinity. Nearby Ashok Nagar offers properties at a slightly higher average of ₹22,898 per sq ft, while Model Colony is comparable at ₹21,021 per sq ft, though it saw a -2.34% change. For those seeking premium options, Deccan Gymkhana commands a higher average of ₹25,617 per sq ft, showing a modest 0.79% increase. Conversely, areas like Mandai and Shaniwar Peth present more affordable choices, with average rates of ₹8,870 per sq ft and ₹9,244 per sq ft respectively.

Within the rental landscape of Shivajinagar's vicinity, rental rates vary across different localities. Erandwane offers properties at an average rental rate of ₹43 per sq ft, showing no change. Pandurang Colony is priced similarly at ₹40 per sq ft, also remaining stable. Meanwhile, Rambaug Colony commands a slightly higher average of ₹56 per sq ft, though it experienced a -1.75% change.

In Shivajinagar's rental market, office spaces are the primary property type with available data, commanding an average rental rate of ₹106 per sq ft. This segment has shown stability with no change in its rental rates, making it a consistent option for businesses.