Property Rates in Shivajinagar, Pune 2026

Property rates in Shivajinagar have shown a mixed trajectory throughout the recent quarters. As of June 2026, the location rate stands at ₹22,400 per sq ft, following a period of fluctuation where rates moved from ₹23,050 per sq ft in September 2025 to ₹22,650 per sq ft in December 2025, and ₹22,950 per sq ft in March 2026. This volatility suggests that buyers and investors should monitor these quarterly shifts closely to gauge the stability of the local market.

The average asking price in Shivajinagar is currently ₹22,400 per sq ft, while the Government Registration Rate is recorded at ₹20,850 per sq ft. This difference between the market-driven asking price and the official registration rate is a key metric for buyers to consider when calculating their total acquisition costs and stamp duty obligations.

As of June 2026, Under Construction properties in Shivajinagar command a higher average price of ₹23,250 per sq ft, which has appreciated by 20.74% compared to previous cycles. In contrast, Ready To Move properties are priced at an average of ₹19,100 per sq ft, showing an appreciation of 9.16% over the same period. This price gap often reflects the premium buyers are willing to pay for modern amenities and newer project specifications in upcoming developments.

As of June 2026, Fortune Kusum CHS leads the market with a listing rate of ₹32,100 per sq ft, having appreciated by 48.57% compared to previous data points. Other premium projects include Tejraj Mayurban at ₹29,950 per sq ft (up 35.15%) and GM Kenjale Bellagio Courtyards at ₹28,900 per sq ft (up 28.38%). These high rates indicate strong demand for premium residential spaces within the locality.

As of June 2026, the average rental rate in Shivajinagar is ₹46 per sq ft, which has seen a depreciation of 19.3% compared to earlier periods. The current rental yield for the area is 2.46%, a critical figure for investors to evaluate when assessing the income-generating potential of their property relative to the capital investment required for purchase.

Rental rates in Shivajinagar are tiered based on unit size to accommodate different tenant profiles. As of June 2026, a 1 BHK apartment typically rents for ₹22,000 per month, a 2 BHK apartment averages ₹29,550 per month, and a 3 BHK apartment commands an average of ₹43,000 per month. These figures provide a clear benchmark for both landlords setting competitive rates and tenants planning their housing budgets.

As of June 2026, Buttepatil Gulab Heights leads the rental market in Shivajinagar with a rate of ₹78 per sq ft, with rates remaining stable. Other top rental projects include The Great Eastern Retreat at ₹69 per sq ft and Peace N Joy Apartment at ₹66 per sq ft. These projects command a premium due to their specific location advantages and project-level amenities, making them attractive for high-end rental seekers.

Property rates vary significantly across the vicinity of Shivajinagar as of June 2026. For instance, Deccan Gymkhana commands a higher average rate of ₹26,650 per sq ft (up 2.63%), while Sadashiv Peth is more accessible at ₹19,450 per sq ft (down 0.96%). Other areas like Model Colony are priced at ₹21,800 per sq ft (down 5.92%), allowing buyers to choose a neighbourhood based on their specific budget and lifestyle preferences.

As of June 2026, office spaces in Shivajinagar are priced at an average of ₹24,550 per sq ft, reflecting a depreciation of 3.06% compared to previous periods. This pricing, when compared to the residential apartment average of ₹22,400 per sq ft (which depreciated by 2.39%), highlights the distinct valuation of commercial real estate in the area compared to residential units.