Property Rates in Shivajinagar, Pune

Property prices in Shivajinagar have shown some fluctuation over the past year. From Jun 2025 to Mar 2026, the average location rate saw a slight decrease from ₹23,065 to ₹22,972 per sq ft. However, the micromarket rate within Shivajinagar experienced significant growth, increasing from ₹10,646 in Jun 2025 to ₹15,676 per sq ft in Mar 2026, suggesting varied performance across different segments of the market.

As of Mar 2026, the average asking price in Shivajinagar stands at ₹22,972 per sq ft, while the Government Registration Rate is approximately ₹19,187 per sq ft. This indicates a difference of about ₹3,785 per sq ft, suggesting that actual transaction prices may be higher than the officially registered values.

Property rates vary significantly across neighborhoods in Shivajinagar as of Mar 2026. Model Colony leads with an average rate of ₹23,169 per sq ft, showing a substantial appreciation of 7.64% from the previous period. Senapati Bapat Road also saw a similar appreciation of 7.68%, with an average rate of ₹20,351 per sq ft. In contrast, areas like Mandai (₹8,870 per sq ft) and Shaniwar Peth (₹9,244 per sq ft) are considerably more affordable.

As of Mar 2026, apartments in Shivajinagar have an average asking price of ₹22,972 per sq ft, which has appreciated by 1.33%. Office spaces in the locality are priced higher, averaging ₹25,313 per sq ft, and have seen a notable appreciation of 5.27%.

In Shivajinagar as of Mar 2026, 'Ready To Move' properties are priced at an average of ₹14,879 per sq ft, marking a significant depreciation of 12.39%. 'Under Construction' properties are priced at ₹17,523 per sq ft, down by 5.89%. 'New Launch' properties are averaging ₹15,223 per sq ft, a decrease of 4.9%. Properties in the 'Well Occupied' stage are at ₹14,363 per sq ft, with a depreciation of 10.82%.

As of Mar 2026, the projects with the highest transaction activity in Shivajinagar are Pride Paradise Society and Mantri House CHS, each recording one transaction. Pride Paradise Society is located in Model Colony with a current rate of ₹13,402 per sq ft, while Mantri House CHS is listed in an unspecified locality within Shivajinagar at ₹12,868 per sq ft.

As of Mar 2026, the projects with the highest listing rates in Shivajinagar include Runwal Pratishtha at ₹27,168 per sq ft, appreciating by 2.12%. Pandit Javdekar Dharmesh follows with a rate of ₹26,446 per sq ft, showing a significant appreciation of 34.8%. Raichandani Sunman Aparments is listed at ₹25,905 per sq ft, up by 2.2%.

As of Mar 2026, Urban Life Ventures is the developer with the highest number of transactions in Shivajinagar, recording one transaction. Data on other developers' transaction volumes is limited for this period.

As of Mar 2026, the average rental rate in Shivajinagar is ₹57 per sq ft, with a rental yield of 2.98%. This yield suggests the potential return on investment for property owners through rental income relative to the property's capital value.

Rental rates in Shivajinagar vary by neighborhood as of Mar 2026. Prabhat Road commands the highest average rental rate at ₹68 per sq ft. Law College Road and Wadarvadi follow with ₹58 per sq ft each. Areas like Somwar Peth (₹43 per sq ft) and Sadashiv Peth (₹48 per sq ft) offer more affordable rental options.

As of Mar 2026, office spaces in Shivajinagar have an average rental rate of ₹106 per sq ft. This segment has remained stable with no reported change in rental rates.

As of Mar 2026, the projects in Shivajinagar with the highest rental rates include Buttepatil Gulab Heights at ₹78 per sq ft, followed by The Great Eastern Retreat at ₹69 per sq ft, and Peace N Joy Apartment at ₹66 per sq ft. These rates are for properties within the Shivajinagar central micromarket.

As of Mar 2026, the average asking price in Shivajinagar is ₹22,972 per sq ft, while the Government Registration Rate is ₹19,187 per sq ft. This difference suggests that market asking prices are higher than the officially registered values, which is a common trend in many real estate markets.

As of Mar 2026, 'Ready To Move' properties in Shivajinagar are priced at ₹14,879 per sq ft, showing a significant depreciation of 12.39%. 'Under Construction' properties are priced higher at ₹17,523 per sq ft, with a depreciation of 5.89%. This suggests that buyers looking for immediate occupancy might find better value in 'Ready To Move' options, although both segments have seen price corrections.