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Insights for Shukrawar Peth, Pune Real Estate Market Overview

The real estate market in Shukrawar Peth presents a balanced landscape for both end-users and investors, characterized by a mix of established residential societies and new development projects. Property values are currently supported by a steady demand for ready-to-move units, which account for a significant portion of the local housing stock. Rental activity remains robust across the broader region, with consistent pricing observed in nearby localities like Sadashiv Peth and Navi Peth. Government registration data highlights ongoing transaction momentum, reflecting the area's enduring appeal as a central residential destination in Pune.

  • Ready-to-move projects currently command an average price of ₹14,300 per sq ft, showing a notable growth of 49.73%.
  • Under-construction properties are priced at an average of ₹13,650 per sq ft, reflecting a 39.73% increase.
  • Ganesh Prasad Apartment stands out as a premium project with current rates reaching ₹20,400 per sq ft.
  • Rental rates across several neighboring areas, including Somwar Peth and Parvati Paytha, are stable at ₹50 per sq ft.
  • The market has recorded 42 transactions with a gross value of ₹33 Cr between August 2025 and July 2026.

Market Strengths
  • Ready-to-move projects are highly valued at ₹14,300 per sq ft, indicating strong demand for immediate housing.
  • Well-occupied projects in the area maintain a healthy average price of ₹14,700 per sq ft.
  • New launches at ₹14,050 per sq ft demonstrate ongoing developer confidence in the locality.
  • Consistent rental rates of ₹50 per sq ft are observed across diverse areas like Somwar Peth, Navi Peth, and Parvati Paytha.
  • High-end projects like Ganesh Prasad Apartment are driving premium value with rates reaching ₹20,400 per sq ft.
Market Challenges
  • Apartment prices have experienced a decline of -19.04%, requiring investors to carefully evaluate current entry points.
  • Guru Nanak Nagar has seen a price correction of -3.57%, reflecting shifting demand in certain pockets.
  • Gultekdi property rates have adjusted by -7.53%, indicating a competitive pricing environment in the vicinity.
  • Prabhat Road rental rates have shown a change of -7.35%, which may impact short-term yield expectations.
Investment Opportunities
  • Ready-to-move properties show strong growth at 49.73%, making them a stable choice for immediate occupancy.
  • Under-construction projects priced at ₹13,650 per sq ft offer a lower entry point compared to ready-to-move inventory.
  • Rental rates of ₹50 per sq ft across multiple nearby hubs suggest a consistent income potential for property owners.
  • The 39.73% growth in under-construction units indicates potential for capital appreciation during the development phase.
Top Localities in Shukrawar Peth, Pune

Guruwar Peth

Avg Price ₹ 7,900 /Sq.Ft.
LISTINGS 2

Raviwar Peth

Avg Price ₹ 11,050 /Sq.Ft.
LISTINGS 2
Price Trend

Shukrawar Peth, Pune Property Price Trends and Appreciation

As of September 2025, the average asking price for properties in Shukrawar Peth is ₹9,750 per sq ft. This pricing reflects the current market sentiment within the central Pune region.
Asking Price Trends
₹ 9,750/Sq.Ft
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 0
Mar 2026 0
Dec 2025 0
Sep 2025 9750
About Asking Price Trends
Shukrawar Peth Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Sadashiv Peth 19,650 32.6
Navi Peth 20,300 -
Guru Nanak Nagar 17,000 -3.6
Deccan Gymkhana 25,950 0.8
Gultekdi 15,450 -7.5
Erandwane 23,350 4.5
Salisbury Park 14,300 -
Market Yard 20,000 2.9
Shivajinagar 22,950 1.3
Shukrawar Peth is surrounded by several prominent Pune localities that offer varied price points for property seekers. Deccan Gymkhana commands the highest average rate at ₹25,950 per sq ft, while Erandwane follows closely at ₹23,350 per sq ft. Meanwhile, locations like Guru Nanak Nagar and Gultekdi offer more accessible entry points at ₹17,000 per sq ft and ₹15,450 per sq ft, respectively. These surrounding areas collectively define the pricing spectrum of the central Pune real estate corridor.
Type Rate (₹/Sq.Ft) Change %
Apartment 9,750 -19
Shukrawar Peth's residential market is primarily driven by apartment-style living. These units are currently priced at an average of ₹9,750 per sq ft, experiencing a shift of -19.04% in recent trends. This category remains the primary focus for residential buyers looking for homes in the heart of the city.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 63 14,332 50.3
Under Construction 6 13,650 39.7
New Launch 2 14,050 -
The market provides options for buyers with different possession timelines, ranging from immediate move-in to future development. Ready-to-move projects, which include 58 units, average ₹14,300 per sq ft, while the 6 under-construction projects are priced at ₹13,650 per sq ft. Additionally, new launches provide 2 fresh opportunities at ₹14,050 per sq ft, allowing investors to choose based on their preferred investment horizon.
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 ₹ 1.71 Cr to 3.61 Cr.
Godrej Elaris ₹ 1.70 Cr - ₹ 3.61 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 Price On Request
  • Pune Central, Pune
Kohinoor Saras Nagar ₹ 1.8 Cr - ₹ 3.25 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 ₹ 89 L - ₹ 1.85 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 ₹ 59.42 L - ₹ 3.31 Cr
  • 55 Projects
  • 41 Years
DLF
Ganesh ₹ 33.12 L - ₹ 83.26 L
  • 51 Projects
DLF
Akshay ₹ 17.99 L - ₹ 1.92 Cr
  • 50 Projects
  • 19 Years
DLF
Pristine ₹ 10.70 L - ₹ 7.61 Cr
  • 49 Projects
  • 30 Years
DLF
Gokhale ₹ 1.30 Cr - ₹ 3.94 Cr
  • 15 Projects
DLF
Lagoo Apte Developers ₹ 2.24 Cr - ₹ 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
Kushal Landmarks ₹ 19.89 L - ₹ 5.52 Cr
  • 15 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Shukrawar Peth set high benchmarks for value in the central market. Ganesh Prasad Apartment leads the list, priced at ₹20,400 per sq ft with a 61.54% increase. Other notable projects include Gokhale Annapurna Smruti at ₹16,950 per sq ft and Ekta CHS at ₹16,350 per sq ft. These developments, along with others like Suyog Indraneel Society and Gokhale Shraddha, represent the high-value segment of the local real estate landscape.
Government Registrations

Government Registration in Shukrawar Peth, Pune

Official registration data shows significant activity in the area, with 42 transactions recorded between August 2025 and July 2026. This transaction volume represents a gross value of ₹33 Cr, highlighting consistent buyer interest and market liquidity in Shukrawar Peth.
Sales Transactions 42
Gross Sales Value ₹ 33 Cr

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,950 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,500 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,900 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 8,900 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 4,000 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shukrawar Peth, Pune

Avg. Asking Price ₹ 15,700 /Sq.Ft
Govt Registration Rate ₹ 12,200 /Sq.Ft
Avg. Asking Price ₹ 13,400 /Sq.Ft
Govt Registration Rate ₹ 9,300 /Sq.Ft
Avg. Asking Price ₹ 13,250 /Sq.Ft
Govt Registration Rate ₹ 9,750 /Sq.Ft
Avg. Asking Price ₹ 12,500 /Sq.Ft
Avg. Asking Price ₹ 12,000 /Sq.Ft
Govt Registration Rate ₹ 8,100 /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 June 2026, the average asking price in Shukrawar Peth is ₹9,750 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which suggests a balanced market environment for residential apartments in this locality.

How have property rates in Shukrawar Peth trended recently?

Property rates in Shukrawar Peth have seen fluctuations in the broader micromarket, with the micromarket rate recorded at ₹15,900 per sq ft as of June 2026. This reflects a slight upward movement from ₹15,700 per sq ft in March 2026, following a dip to ₹16,150 per sq ft in December 2025 and a peak of ₹18,350 per sq ft in September 2025. These shifts indicate a dynamic pricing environment that buyers should monitor closely when evaluating investment entry points.

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

Property prices in Shukrawar Peth are positioned differently compared to surrounding areas in Pune. For instance, neighbourhoods like Deccan Gymkhana command a higher average asking price of ₹25,950 per sq ft (which appreciated by 0.8% from the previous period), while areas like Salisbury Park maintain an average of ₹14,300 per sq ft with stable pricing. Other nearby localities such as Sadashiv Peth have seen significant appreciation, with rates reaching ₹19,650 per sq ft, marking a 32.56% increase, while Guru Nanak Nagar saw a depreciation of 3.57% to reach ₹17,000 per sq ft.

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

As of June 2026, ready-to-move properties in Shukrawar Peth command an average price of ₹14,300 per sq ft, which has appreciated by 49.73% compared to the previous period. In contrast, under-construction projects are priced at an average of ₹13,650 per sq ft, showing an appreciation of 39.73% over the same timeframe. This indicates strong demand for completed inventory in the locality, while new launches are currently priced at ₹14,050 per sq ft.

Which projects in Shukrawar Peth have the highest listing rates?

As of June 2026, Ganesh Prasad Apartment leads with a listing rate of ₹20,400 per sq ft, having appreciated by 61.54% compared to the previous period. Other notable projects include Gokhale Annapurna Smruti at ₹16,950 per sq ft, which saw a depreciation of 2.97%, and Ekta CHS, which is listed at ₹16,350 per sq ft after an appreciation of 25%. These rates reflect the premium positioning of specific residential complexes within Shukrawar Peth.

What are the current rental trends in the neighbourhoods surrounding Shukrawar Peth?

Rental rates across the micromarkets surrounding Shukrawar Peth are currently consistent at ₹50 per sq ft. This stability is observed in areas like Sadashiv Peth, which saw an appreciation of 18.75%, and Somwar Peth, which experienced a notable 30.23% appreciation. Conversely, Prabhat Road saw a rental depreciation of 7.35%, while other areas like Deccan Gymkhana have maintained stable rental rates with 0% change as of June 2026.

How should investors interpret the rental data in the Shukrawar Peth region?

Investors should note that while the average rental rate in the immediate vicinity is ₹50 per sq ft, the varying appreciation rates across neighbouring localities like Somwar Peth (30.23% increase) and Sadashiv Peth (18.75% increase) highlight the importance of location-specific demand. Since the rental yield for the area is currently marked as NA, investors should focus on rental growth trends and capital appreciation potential when evaluating properties in these central Pune pockets as of June 2026.

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

The Government Registration Rate in Shukrawar Peth is currently ₹12,750 per sq ft, which serves as a benchmark for property transactions. Between August 2025 and July 2026, there were 42 registered transactions with a total gross value of ₹33 Cr. Buyers should use this figure to understand the baseline valuation used by authorities, which may differ from the current average asking price of ₹9,750 per sq ft.

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