Property Rates in Shukrawar Peth, Pune 2026

Property prices in Shukrawar Peth are positioned differently compared to surrounding areas in Pune. For instance, Deccan Gymkhana commands a higher average asking price of ₹25,950 per sq ft, which has appreciated by 0.8% from June 2025 to June 2026. Conversely, areas like Guru Nanak Nagar have seen a depreciation of 3.57% over the same period, bringing its average rate to ₹17,000 per sq ft. These variations highlight the premium nature of specific central Pune localities compared to the current market positioning of Shukrawar Peth.

The average asking price for apartments in Shukrawar Peth is ₹9,750 per sq ft as of June 2026. This segment has experienced a depreciation of 19.04% compared to the previous period, which may indicate a market correction or a shift in the inventory mix currently available for sale.

As of June 2026, Ready To Move properties in Shukrawar Peth are priced at an average of ₹14,300 per sq ft, having appreciated significantly by 49.73% compared to the prior period. In contrast, Under Construction projects are available at an average of ₹13,650 per sq ft, which has also seen strong appreciation of 39.73% in the same timeframe. This trend suggests robust demand across both completed and developing projects in the locality.

Ganesh Prasad Apartment is currently one of the most premium projects in Shukrawar Peth, with a listing rate of ₹20,400 per sq ft as of June 2026, marking a notable appreciation of 61.54% over the comparison period. Other prominent projects include Gokhale Annapurna Smruti at ₹16,950 per sq ft (which depreciated by 2.97%) and Suyog Indraneel Society at ₹16,350 per sq ft, which appreciated by 24.78% from the previous period.

Rental rates in the vicinity of Shukrawar Peth are currently consistent across several key neighbourhoods, with many areas like Sadashiv Peth, Navi Peth, and Deccan Gymkhana reporting an average rental rate of ₹50 per sq ft as of June 2026. While the rate is uniform, the growth trajectories differ; for example, Sadashiv Peth has seen a rental appreciation of 18.75% compared to the previous period, whereas Prabhat Road experienced a depreciation of 7.35%.

Investors looking at the broader Shukrawar Peth region should note that while the average rental rate is ₹50 per sq ft as of June 2026, the appreciation rates vary significantly by neighbourhood. Areas like Somwar Peth have seen strong rental growth of 30.23% compared to the previous period, indicating rising tenant demand, while other areas remain stable. Prospective landlords should balance these rental trends against the local sale prices to determine the long-term income potential of their investment.

As of June 2026, the Government Registration Rate in Shukrawar Peth is ₹12,750 per sq ft, while the average market asking price stands at ₹9,750 per sq ft. This difference between the government-benchmarked rate and the current market asking price is a critical data point for buyers to consider when evaluating the fair market value and potential tax implications of a property transaction in this locality.