Property Rates in Shukrawar Peth, Pune 2026

The micromarket rate in Shukrawar Peth has shown a fluctuating trajectory, moving from ₹18,350 per sq ft in September 2025 to ₹16,150 per sq ft in December 2025, then dipping to ₹15,700 per sq ft in March 2026, before recovering to ₹15,900 per sq ft as of June 2026. This trend indicates a period of market adjustment following the higher valuations seen in late 2025, suggesting a stabilization phase that buyers may find advantageous for entry.

Property rates in Shukrawar Peth are positioned competitively compared to surrounding areas in Pune. For instance, Deccan Gymkhana commands a higher average rate of ₹25,950 per sq ft, which has appreciated by 0.8% compared to previous periods. Similarly, Erandwane is priced at ₹23,350 per sq ft, showing an appreciation of 4.45%. In contrast, areas like Guru Nanak Nagar at ₹17,000 per sq ft have seen a depreciation of 3.57%, and Gultekdi at ₹15,450 per sq ft has experienced a depreciation of 7.53% over the same timeframe.

As of June 2026, Ready To Move properties in Shukrawar Peth are priced at an average of ₹14,300 per sq ft, having appreciated by 49.73% compared to previous periods. Under Construction projects are currently available at ₹13,650 per sq ft, which represents an appreciation of 39.73%. This data suggests that completed, move-in-ready inventory currently commands a premium, likely due to the immediate utility and reduced risk for end-users.

Ganesh Prasad Apartment leads the list of high-value projects in Shukrawar Peth with a current listing rate of ₹20,400 per sq ft, reflecting a significant appreciation of 61.54%. Other notable projects include Gokhale Annapurna Smruti at ₹16,950 per sq ft, which has seen a minor depreciation of 2.97%, and Suyog Indraneel Society at ₹16,350 per sq ft, which has appreciated by 24.78%. These variations in listing rates highlight the premium placed on specific buildings within the locality based on their age, amenities, and maintenance status.

Rental rates across neighbourhoods surrounding Shukrawar Peth are consistently observed at ₹50 per sq ft as of June 2026, though their growth trajectories differ significantly. For example, Somwar Peth has seen a notable rental appreciation of 30.23%, while Sadashiv Peth has appreciated by 18.75% and Parvati Paytha by 15.79%. Conversely, Prabhat Road has experienced a rental depreciation of 7.35% over the same period, indicating that while the base rental rate is uniform across these areas, demand-driven growth varies by specific locality dynamics.

Investors looking at the Shukrawar Peth area should note that while the average rental rate is ₹50 per sq ft across various nearby micromarkets, the rental yield remains not applicable (NA) based on current data. The consistent rental rate of ₹50 per sq ft across diverse areas like Navi Peth, Dattawadi, and Deccan Gymkhana suggests a stable rental market in this part of Pune. Investors should balance these rental income expectations against the capital appreciation trends of the specific projects they are considering to determine the overall investment viability.