Property Rates in Shukrawar Peth, Pune

Property prices in Shukrawar Peth, Pune, have shown fluctuations over the past year. The micromarket rate was ₹10,646 per sq ft in Jun 2025, increasing to ₹10,833 in Sep 2025. It then saw a significant jump to ₹11,012 in Dec 2025, followed by a substantial rise to ₹15,676 per sq ft in Mar 2026. This upward trajectory in the micromarket rate, particularly the sharp increase in the latest quarter, suggests growing demand or potentially an increase in premium inventory.

Property rates vary significantly across neighborhoods near Shukrawar Peth, Pune. As of Mar 2026, Sadashiv Peth has the highest average rate at ₹19,649 per sq ft, showing a notable appreciation of 19.99% from the previous period. Other high-value areas include Navi Peth (₹20,308 per sq ft) and Mukund Nagar (₹20,475 per sq ft), both with 0% change. In contrast, Guruwar Peth (₹7,892 per sq ft) and Mandai (₹8,870 per sq ft) offer more affordable options, with rates remaining stable at 0% change.

As of Mar 2026, the average price for apartments in Shukrawar Peth, Pune, is ₹9,752 per sq ft. This represents a depreciation of 19.04% compared to the previous period. This decline suggests a potential market correction or increased supply of apartments in this segment within the locality.

In Shukrawar Peth, Pune, Ready To Move properties averaged ₹9,536 per sq ft as of Mar 2026, showing an appreciation of 2.12% from the previous period. Under Construction properties were priced slightly higher at ₹9,762 per sq ft, but experienced a slight depreciation of 1.11%. The Well Occupied segment averaged ₹9,372 per sq ft with a 6.27% appreciation. The data indicates that while Ready To Move properties have seen positive growth, Under Construction prices have seen a minor dip, suggesting a nuanced market dynamic.

Among projects in Shukrawar Peth, Pune, Gokhale Annapurna Smruti lists at the highest rate of ₹17,468 per sq ft as of Mar 2026, having appreciated by 5.66%. Following this is Lagoo Anand at ₹13,445 per sq ft, which has seen a depreciation of 2.44%. Gokhale Shraddha and Suyog Sadan are listed at ₹13,325 per sq ft and ₹13,086 per sq ft respectively, with no reported change in rates. These figures highlight a range of premium offerings within the locality, with some experiencing positive price adjustments.

Rental rates in areas surrounding Shukrawar Peth, Pune, show considerable variation. As of Mar 2026, Prabhat Road commands the highest average rent at ₹68 per sq ft, with no change reported. Navi Peth follows with ₹50 per sq ft, and Sadashiv Peth is at ₹48 per sq ft, both also showing stable rental rates. Lower rental averages are observed in Aranyeshwar Nagar and Parvati Paytha, both at ₹38 per sq ft, indicating that while some neighborhoods offer premium rental income potential, others are more budget-friendly for tenants.

The provided data does not include a specific average rental yield figure for Shukrawar Peth, Pune. However, by comparing rental rates with property prices in nearby micromarkets like Sadashiv Peth (₹48 per sq ft rent vs. ₹19,649 per sq ft sale price) or Navi Peth (₹50 per sq ft rent vs. ₹20,308 per sq ft sale price), potential investors can infer the rental yield. A higher rental yield generally indicates a better return on investment through rental income relative to the property's capital value, making it attractive for buy-to-let investors.

Among the micromarkets near Shukrawar Peth, Pune, Prabhat Road stands out with the highest average rental rate at ₹68 per sq ft as of Mar 2026, showing no change. Navi Peth follows with ₹50 per sq ft, and Sadashiv Peth is close behind at ₹48 per sq ft, both with stable rental rates. Areas like Aranyeshwar Nagar and Parvati Paytha offer more affordable rentals at ₹38 per sq ft. This suggests that locations like Prabhat Road are premium rental destinations, likely due to amenities, connectivity, or lifestyle factors, while others provide more accessible rental options.

In Shukrawar Peth, Pune, as of Mar 2026, the average asking price is listed as ₹0 per sq ft, with a 0% change. In contrast, the Government Registration Rate is significantly higher at ₹12,762 per sq ft. This substantial difference suggests that the listed asking prices may not be fully representative of the actual transaction values or that there's a considerable gap between market expectations and official property valuations in the area.

The property price trend in Shukrawar Peth, Pune, shows a notable upward movement in micromarket rates, particularly from ₹11,012 per sq ft in Dec 2025 to ₹15,676 per sq ft in Mar 2026. This sharp appreciation could signal increasing buyer confidence and demand, potentially making it a favorable time for investors looking for capital appreciation. However, buyers should also consider the overall asking price of ₹0 per sq ft and the high Government Registration Rate of ₹12,762 per sq ft, which might indicate a market with strong underlying value but requires careful negotiation.

In Shukrawar Peth, Pune, as of Mar 2026, apartments have an average price of ₹9,752 per sq ft, which has depreciated by 19.04%. This is lower than the average price for Ready To Move properties at ₹9,536 per sq ft (which appreciated by 2.12%) and Under Construction properties at ₹9,762 per sq ft (which depreciated by 1.11%). The data suggests that while apartments have seen a price dip, the Ready To Move segment is experiencing modest growth, and Under Construction prices are relatively stable but slightly higher than apartments.