Squareyards Logo
Blogs
Download App Sell or Rent Property
Login
Insights

Insights for Shukrawar Peth, Pune Real Estate Market Overview

Shukrawar Peth presents a compelling real estate profile in Pune, characterized by a range of property stages and consistent demand. The market features a blend of ready-to-move and under-construction projects, offering options for both immediate occupancy and long-term investment. Rental demand remains stable across the wider region, with neighboring areas like Sadashiv Peth and Navi Peth maintaining consistent rental yields. Recent government registration activity confirms a healthy transaction volume, highlighting the area's ongoing appeal to property seekers. Developers are actively contributing to the local inventory, ensuring a steady pipeline of housing options for diverse buyer needs.

  • Ready-to-move projects are priced at an average of ₹12,150 per sq ft.
  • Under-construction properties currently command a higher average rate of ₹14,300 per sq ft.
  • New launch projects are available at an average of ₹10,950 per sq ft.
  • Nearby localities like Deccan Gymkhana and Erandwane show varied pricing trends, providing context for the local market value.
  • Rental rates across key neighboring areas consistently hover around ₹50 per sq ft.

Market Strengths
  • Strong presence of ready-to-move inventory with 57 available units.
  • Active under-construction segment with 6 projects currently underway.
  • Consistent rental rates of ₹50 per sq ft across diverse neighboring micro-markets.
  • Diverse project statuses catering to different investor timelines.
  • Established residential base with 5 well-occupied projects.
Market Challenges
  • New launch projects have seen a price change of -21.99%.
  • Ready-to-move units experienced a price adjustment of -14.96%.
  • Overall apartment pricing shows a change of -19.04%.
  • Well-occupied units have seen a price variation of -11.64%.
Investment Opportunities
  • Under-construction projects at ₹14,300 per sq ft offer potential for appreciation upon completion.
  • Ready-to-move units at ₹12,150 per sq ft provide immediate rental income potential.
  • Rental rates of ₹50 per sq ft in nearby areas like Sadashiv Peth and Navi Peth signal a stable leasing environment.
  • New launch projects at ₹10,950 per sq ft allow for lower entry costs in the current market cycle.
Top Localities in Shukrawar Peth, Pune

Guruwar Peth

Avg Price ₹ 7,900 /Sq.Ft.
LISTINGS 3

Raviwar Peth

Avg Price ₹ 11,050 /Sq.Ft.
LISTINGS 1
Price Trend

Shukrawar Peth, Pune Property Price Trends and Appreciation

About Asking Price Trends
Shukrawar Peth Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Sadashiv Peth 19,450 -1
Navi Peth 20,300 -
Deccan Gymkhana 26,650 2.6
Gultekdi 16,800 8.8
Erandwane 23,250 -0.4
Salisbury Park 21,650 51.7
Market Yard 20,000 -
Shukrawar Peth is positioned within a vibrant network of Pune neighborhoods. Nearby Deccan Gymkhana commands a higher average of ₹26,650 per sq ft, while Erandwane is priced at ₹23,250 per sq ft. In comparison, Gultekdi offers a more accessible entry point at ₹16,800 per sq ft. These variations allow buyers to choose locations based on their specific budget and lifestyle requirements.
Type Rate (₹/Sq.Ft) Change %
Apartment 9,750 -19
The residential sector in Shukrawar Peth is primarily driven by apartment-style living. These residential units currently average ₹9,750 per sq ft, reflecting the broader market pricing trends. This focus on apartment inventory provides a straightforward entry point for those looking to invest in a central Pune location.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 62 12,219 -14.7
Under Construction 6 14,300 4.9
New Launch 2 10,950 -22
Shukrawar Peth provides a broad spectrum of property options based on construction status. Ready-to-move inventory, which includes 57 units, is priced at ₹12,150 per sq ft, whereas the 6 under-construction projects are valued at ₹14,300 per sq ft. Additionally, 2 new launch projects are available at ₹10,950 per sq ft, and 5 well-occupied units average ₹13,000 per sq ft.
Project & Developer Insights

Top Residential Projects and Developers in Shukrawar Peth

Top Projects in Shukrawar Peth
Godrej Elaris is the top project in Shukrawar Peth with prices from ₹ 1.73 Cr to 3.79 Cr.
Godrej Elaris ₹ 1.73 Cr - ₹ 3.79 Cr
  • Pune Central, Pune
Mantra Sky Homes ₹ 2.86 Cr - ₹ 4.06 Cr
  • Pune Central, Pune
Birla Punya ₹ 1.05 Cr - ₹ 4.85 Cr
  • Pune Central, Pune
Lodha One Pune ₹ 25 Cr - ₹ 45 Cr
  • Pune Central, Pune
Kohinoor Sai Towers Price On Request
  • Pune Central, Pune
Kohinoor Mayfair ₹ 4.62 Cr - ₹ 7.14 Cr
  • Pune Central, Pune
Kohinoor Saras Nagar ₹ 1.99 Cr - ₹ 3.5 Cr
  • Pune Central, Pune
Kumar Platinum Price On Request
  • Pune Central, Pune
Pandit Javdekar Manorang Price On Request
  • Pune Central, Pune
Shapoorji Pallonji Joyville Vyomora ₹ 92 L - ₹ 2.06 Cr
  • Pune West, Pune
View More
New Launch
Under Construction
Ready to Move
Top Developers in Pune
Suyog Group leads in Pune with 55 projects and 41 years of experience.
DLF
Suyog Group ₹ 64.24 L - ₹ 3.31 Cr
  • 55 Projects
  • 41 Years
DLF
Pristine ₹ 10.70 L - ₹ 7.75 Cr
  • 51 Projects
  • 30 Years
DLF
Ganesh ₹ 33.12 L - ₹ 83.26 L
  • 51 Projects
DLF
Akshay ₹ 17.99 L - ₹ 1.92 Cr
  • 51 Projects
  • 19 Years
DLF
Gokhale ₹ 96 L - ₹ 3.94 Cr
  • 15 Projects
DLF
Lagoo Apte Developers ₹ 81.85 L - ₹ 7.09 Cr
  • 9 Projects
DLF
Ekta World ₹ 52 L - ₹ 2.74 Cr
  • 8 Projects
  • 31 Years
DLF
Silver Group ₹ 28 L - ₹ 1.54 Cr
  • 31 Projects
DLF
Yugal Constructions ₹ 13.14 L - ₹ 4.31 Cr
  • 21 Projects
DLF
Sanjay Kakade Group ₹ 99.37 L - ₹ 1.43 Cr
  • 15 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Shukrawar Peth set high-value benchmarks for the area. Lagoo Anand leads the segment with an asking price of ₹21,900 per sq ft, followed by Hublikar Amber Society at ₹20,600 per sq ft. Gokhale Annapurna Smruti is also a significant project, priced at ₹19,200 per sq ft. These projects collectively represent the upper tier of the local housing market.
Government Registrations

Government Registration in Shukrawar Peth, Pune

Recent government registration data for Shukrawar Peth indicates a total of 9 transactions. These deals represent a gross value of ₹12 Cr, showcasing consistent market activity. This volume of registrations underscores the sustained interest of buyers in securing properties within this established part of Pune.
Sales Transactions 9
Gross Sales Value ₹ 12 Cr
Recent Registered Transactions

Recent Registered Transactions in Shukrawar Peth

The market recorded 9 transactions with a total gross value of ₹12 Cr between November 2025 and October 2026.
Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2026-01-09 Floor 1, Unit 101 N/A 724 Sq.Ft.
Floor 7, Unit 601 N/A 553 Sq.Ft.
2025-11-27 N/A N/A 7346 Sq.Ft.
2025-11-27 Floor 4, Unit 402 N/A 960 Sq.Ft.
2025-11-22 Floor 5, Unit 502 N/A 888 Sq.Ft.
2025-11-21 Floor 3, Unit 7 N/A 297 Sq.Ft.
2025-11-18 Floor 3, Unit 304 N/A 376 Sq.Ft.
2025-11-14 Floor 2, Unit 201 N/A 2568 Sq.Ft.
2025-11-13 Floor 4, Unit 401 N/A 780 Sq.Ft.
2025-11-12 Floor 7, Unit 702 A 452 Sq.Ft.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shukrawar Peth, Pune

Avg. Asking Price ₹ 16,650 /Sq.Ft
Govt Registration Rate ₹ 13,500 /Sq.Ft
Avg. Asking Price ₹ 14,100 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 13,900 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,600 /Sq.Ft
Avg. Asking Price ₹ 12,500 /Sq.Ft
Govt Registration Rate ₹ 8,050 /Sq.Ft

More insights about Shukrawar Peth, Pune

FAQ

Frequently Asked Questions About Property Rates in Shukrawar Peth, Pune

What is the current average asking price in Shukrawar Peth?

As of Sep 2026, the average asking price in Shukrawar Peth is ₹9,750 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in this residential locality.

How have property prices in Shukrawar Peth trended recently?

Property prices in Shukrawar Peth have shown a fluctuating trajectory throughout 2026. Data indicates the micromarket rate was ₹16,150 per sq ft in Dec 2025, moved to ₹15,700 per sq ft in Mar 2026, rose to ₹16,650 per sq ft in Jun 2026, and settled at ₹15,950 per sq ft as of Sep 2026. These shifts reflect the dynamic nature of demand and supply within this central Pune locality.

How do property rates in Shukrawar Peth compare to nearby neighbourhoods?

Property rates in Shukrawar Peth are part of a broader central Pune landscape where values vary significantly by location. As of Sep 2026, neighbouring areas show diverse pricing: Deccan Gymkhana commands a higher average of ₹26,650 per sq ft (which appreciated by 2.63% compared to previous periods), while Gultekdi is priced at ₹16,800 per sq ft (having appreciated by 8.81%). Meanwhile, areas like Sadashiv Peth are priced at ₹19,450 per sq ft, reflecting a slight depreciation of 0.96%.

What is the price difference between ready-to-move and under-construction properties in Shukrawar Peth?

As of Sep 2026, under-construction properties in Shukrawar Peth command a premium, averaging ₹14,300 per sq ft, which has appreciated by 4.92% compared to previous periods. In contrast, ready-to-move properties are priced at an average of ₹12,150 per sq ft, which has seen a depreciation of 14.96%. This pricing gap often reflects the premium buyers are willing to pay for modern amenities and newer construction standards in upcoming projects.

Which residential projects in Shukrawar Peth currently have the highest listing rates?

As of Sep 2026, Lagoo Anand leads with a listing rate of ₹21,900 per sq ft, having appreciated by 37.15%. Other premium projects include Hublikar Amber Society at ₹20,600 per sq ft (up 67.5%) and Gokhale Annapurna Smruti at ₹19,200 per sq ft (up 13.42%). These rates highlight the varying value propositions across different housing societies in the locality.

What are the current rental rates for properties in the vicinity of Shukrawar Peth?

Rental rates across neighbourhoods surrounding Shukrawar Peth are consistently observed at ₹50 per sq ft as of Sep 2026. While the rate is uniform across areas like Sadashiv Peth, Navi Peth, and Deccan Gymkhana, the growth trends differ; for instance, Sadashiv Peth saw a 14% appreciation in rental rates, whereas Parvati Paytha experienced a 2.27% depreciation, and Gultekdi saw a 2.08% depreciation over the observed period.

How should investors interpret the rental data for Shukrawar Peth and its surroundings?

Investors looking at the Shukrawar Peth area should note that while the average rental rate is steady at ₹50 per sq ft across multiple nearby localities as of Sep 2026, the appreciation trends vary significantly. For example, Sadashiv Peth has shown a strong rental growth of 14%, while other areas like Bhawani Peth and Erandwane have maintained stable rental rates with 0% change. This stability suggests a consistent demand for rental housing, though investors should evaluate specific micromarkets for potential growth rather than assuming uniform performance.

What does the Government Registration Rate signify for buyers in Shukrawar Peth?

The Government Registration Rate in Shukrawar Peth is currently ₹12,750 per sq ft as of Sep 2026. This figure serves as a benchmark for stamp duty and registration calculations, which can differ from the market-driven average asking price of ₹9,750 per sq ft. Buyers should use this rate to estimate the total acquisition cost, as it represents the official value threshold for property transactions in the area.

How does the property status affect the price of apartments in Shukrawar Peth?

Property status significantly influences pricing in Shukrawar Peth as of Sep 2026. While under-construction projects are priced at ₹14,300 per sq ft (up 4.92%), well-occupied properties stand at ₹13,000 per sq ft (depreciated by 11.64%), and new launches are at ₹10,950 per sq ft (depreciated by 21.99%). This data suggests that established, under-construction projects currently hold a stronger price position compared to new launches or older, well-occupied stock.

Are there any notable trends in the listing rates of top projects in Shukrawar Peth?

Top projects in Shukrawar Peth show a wide range of price movements as of Sep 2026. Projects like Hublikar Amber Society have seen a significant appreciation of 67.5%, reaching ₹20,600 per sq ft, while Ganesh Prasad Apartment has experienced a depreciation of 20.87%, bringing its rate to ₹16,150 per sq ft. These divergent trends indicate that individual project factors, such as maintenance, age, and specific amenities, play a major role in the value appreciation of properties within the same locality.

Country/City