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Property Rates in Somwar Peth, Pune

Comprehensive Market Snapshot

Somwar Peth's property market presents a mixed picture with a registration rate of ₹6,283 per sq ft, while the asking price is currently not reported. The average rental rate stands at ₹43 per sq ft. Price trends show a slight decrease from ₹11,064 per sq ft in June 2025 to ₹10,791 per sq ft in September 2025. Apartments are the primary property type available, averaging ₹10,791 per sq ft. Ready to Move properties are most prevalent with 30 units listed at an average of ₹9,263 per sq ft. The market has seen 45 transactions totaling ₹25 Cr in gross value over the period of May 25 to Apr 26.

  • Apartments in Somwar Peth are priced at ₹10,791 per sq ft, showing a recent decline of -2.47%.
  • Ready To Move properties are most abundant, with 30 units averaging ₹9,263 per sq ft, a decrease of -6.45%.
  • The average rental rate across Somwar Peth is ₹43 per sq ft.
  • Government registrations show 45 transactions with a gross value of ₹25 Cr for the period May 25 to Apr 26.
  • The micromarket of Sangamvadi is priced significantly higher at ₹19,955 per sq ft, a decrease of -1.05%.

  • Govt. Registration Prices₹ 6,283 /sq.ft

Insights for Somwar Peth, Pune Real Estate Market

Somwar Peth's real estate market is characterized by a registration rate of ₹6,283 per sq ft, with asking prices not explicitly stated for the location itself. The average rental rate is ₹43 per sq ft, indicating a steady rental demand. Price trends suggest a slight dip, with rates moving from ₹11,064 per sq ft in June 2025 to ₹10,791 per sq ft in September 2025. Apartments are the dominant property type, averaging ₹10,791 per sq ft and experiencing a recent drop of -2.47%. Property status analysis reveals that 'Ready To Move' properties are the most common, with 30 units available at an average of ₹9,263 per sq ft, though this segment has seen a -6.45% decrease. 'Under Construction' and 'New Launch' properties are fewer, with one unit each priced around ₹9,031 and ₹9,098 per sq ft, respectively. Government registration data highlights 45 transactions amounting to ₹25 Cr over the period of May 25 to Apr 26. Notably, nearby micromarkets show varied pricing, with Rasta Peth at ₹10,268 per sq ft and Budhwar Peth at ₹12,474 per sq ft. In the rental segment, Camp offers an average of ₹45 per sq ft, while Shivajinagar is higher at ₹57 per sq ft. Koregaon Park has seen a significant rental increase of 17.39% to ₹54 per sq ft.

  • The average property price in Somwar Peth has seen a quarterly decline, moving from ₹11,064 per sq ft in June 2025 to ₹10,791 per sq ft in September 2025.
  • 'Ready To Move' properties represent the largest segment of available inventory, with 30 units averaging ₹9,263 per sq ft, despite a recent price decrease.
  • Among neighboring localities, Budhwar Peth stands out with an average property rate of ₹12,474 per sq ft, while Rasta Peth is priced at ₹10,268 per sq ft.
  • Rental rates in Koregaon Park have surged by 17.39% year-on-year, reaching an average of ₹54 per sq ft.
  • The property market shows a concentration of 1 transaction for Siddhivinayak Keshar, with a current rate of ₹9,178 per sq ft.

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Somwar Peth, Pune

Asking Price Trends

The property market in Somwar Peth has observed a slight downward trend in prices over the recent quarters. From June 2025, the average rate was ₹11,064 per sq ft, which then decreased to ₹10,791 per sq ft by September 2025. This indicates a softening of property values within the locality.

Quarter City Rate
Mar 2026 0
Dec 2025 0
Sep 2025 10791
Jun 2025 11064
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Price Trends by Property Type

In Somwar Peth, the real estate market is predominantly characterized by apartments, which currently average ₹10,791 per sq ft. This segment has experienced a recent decrease of -2.47%. While other property types are not detailed, the focus on apartments suggests a strong demand for residential units within this category.

Type Rate (₹/sq.ft) Change %
Apartment 10,791 -2.47
Price Trends by Project Status

Somwar Peth's property market offers a variety of project statuses to suit different buyer needs. 'Ready To Move' properties are the most abundant, with 30 units available at an average price of ₹9,263 per sq ft, reflecting a recent -6.45% price adjustment. 'Well Occupied' projects have 9 units listed at ₹9,598 per sq ft, also showing a decrease. For those looking for newer developments, 'Under Construction' and 'New Launch' projects each have one unit, priced at ₹9,031 per sq ft and ₹9,098 per sq ft respectively, with slight positive changes.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 39 9,340 -6.25
Under Construction 1 9,031 0.49
New Launch 1 9,098 0.51
Price Trends by Localities

Somwar Peth's real estate landscape features diverse pricing across its surrounding areas. Rasta Peth offers properties averaging ₹10,268 per sq ft, while Kasba Peth is priced slightly lower at ₹9,921 per sq ft. Ganesh Peth commands a higher average of ₹11,892 per sq ft, and Budhwar Peth is among the pricier locales at ₹12,474 per sq ft. Raviwar Peth is valued at ₹11,033 per sq ft, with Bhawani Peth at ₹10,294 per sq ft. Mandai and Shaniwar Peth are more affordable, at ₹8,870 and ₹9,244 per sq ft respectively. Notably, Sangamvadi presents a significant outlier with an average rate of ₹19,955 per sq ft, though it has seen a minor decline.

Location Rate (₹/sq.ft) Change %
Rasta Peth 10,268 -
Kasba Peth 9,921 -
Ganesh Peth 11,892 -
Budhwar Peth 12,474 -
Raviwar Peth 11,033 -
Bhawani Peth 10,294 -
Mandai 8,870 -
Shaniwar Peth 9,244 -
Sangamvadi 19,955 -1
Guruwar Peth 7,892 -

Project and Developer Insights

Top Projects in Somwar Peth
Godrej Elaris is the top project in Somwar Peth with prices from ₹ 1.69 Cr to 3.59 Cr.
Godrej Elaris ₹ 1.69 Cr - ₹ 3.59 Cr
  • Pune Central, Pune
Mantra Sky Homes ₹ 2.71 Cr - ₹ 3.7 Cr
  • Pune Central, Pune
Birla Punya ₹ 1.05 Cr - ₹ 4.85 Cr
  • Pune Central, Pune
Pandit Javdekar Vayjanath ₹ 2.65 Cr - ₹ 2.65 Cr
  • Pune Central, Pune
Lodha One Pune ₹ 25 Cr - ₹ 45 Cr
  • Pune Central, Pune
Pandit Javdekar Mayflower ₹ 3.86 Cr - ₹ 5.95 Cr
  • Pune Central, Pune
Paranjape Sahil ₹ 3.26 Cr - ₹ 3.65 Cr
  • Pune Central, Pune
Godrej Castlemaine Price On Request
  • Pune Central, Pune
Kolte Patil City Point Price On Request
  • Pune Central, Pune
Mahindra Lifespaces Le Mirage ₹ 2.13 Cr - ₹ 3.80 Cr
  • Pune Central, Pune
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates, Transaction Count and Transaction Value

Several projects in Somwar Peth are notable for their asking rates, indicating a premium segment within the market. Kumar Sadan leads with a rate of ₹13,903 per sq ft, followed by Sitarama Park at ₹13,076 per sq ft. Amar Centre Apartment is priced at ₹11,446 per sq ft, while Gruhalaxmi Apartments are available for ₹9,509 per sq ft. Vitthal Shanti shows a rate of ₹9,376 per sq ft, and Natraj Vatsa is priced at ₹9,248 per sq ft. Pavitra Enclave and Evolet Tiara are both listed at ₹9,197 per sq ft, with Evolet Tiara showing a notable increase of 9.68%.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Kumar Sadan 13,903 -
Sitarama Park 13,076 -
Amar Centre Apartment 11,446 -
Gruhalaxmi Apartments 9,509 -
Vitthal Shanti 9,376 -6.7
Natraj Vatsa 9,248 -0.1
Pavitra Enclave 9,197 -
Evolet Tiara 9,197 9.7
Girija Madhavko Chs 9,148 -
Ajanta Complex 9,148 -
Project Name Current Price (₹/sq.ft) Sale Value Change %
Siddhivinayak Keshar 9,178 ₹ 31 L -
Project Name Current Price (₹/sq.ft) Transactions Change %
Siddhivinayak Keshar 9,178 1 -
Top Developers in Pune
Kumar Properties leads in Pune with 131 projects and years of experience.
DLF
Kumar Properties ₹ 23.4 L - ₹ 9.72 Cr
  • 131 Projects
DLF
Amar Builders ₹ 28.65 L - ₹ 44 Cr
  • 54 Projects
DLF
Pride Group ₹ 35.33 L - ₹ 2.43 Cr
  • 40 Projects
  • 30 Years
DLF
Kundan ₹ 36.27 L - ₹ 9.87 Cr
  • 25 Projects
  • 33 Years
DLF
Ahura Builder ₹ 37.97 L - ₹ 3.64 Cr
  • 32 Projects
DLF
Trimurti Associates ₹ 35 L - ₹ 38 L
  • 27 Projects
DLF
Av Bhat ₹ 17 L - ₹ 1.65 Cr
  • 21 Projects
  • 51 Years
DLF
Shubham Builders ₹ 16.93 L - ₹ 53.04 L
  • 20 Projects
DLF
Kushal Landmarks ₹ 19.89 L - ₹ 5.52 Cr
  • 15 Projects
DLF
Janki Constructions ₹ 1.01 Cr - ₹ 2.22 Cr
  • 9 Projects
View More

Government Registration in Somwar Peth, Pune

  • Sales Transactions45
  • Gross Sales Value₹ 25 Cr

Recent Registered Transactions in Somwar Peth

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-11-28 Floor 4, Unit 405 N/A 350 Sq.Ft. 🔒 🔒
2025-11-21 Floor 7, Unit 703 A 301 Sq.Ft. 🔒 🔒
2025-11-21 Floor 6, Unit 604 A 161 Sq.Ft. 🔒 🔒
2025-11-21 Floor 7, Unit 704B A 161 Sq.Ft. 🔒 🔒
2025-11-18 Floor 2, Unit 203 B 368 Sq.Ft. 🔒 🔒
2025-11-10 Floor 1, Unit 101 N/A 480 Sq.Ft. 🔒 🔒
2025-10-30 Floor 4, Unit 15 N/A 522 Sq.Ft. 🔒 🔒
2025-09-26 Floor 3, Unit 301 N/A 887 Sq.Ft. 🔒 🔒
2025-09-25 Floor 23, Unit 2208 B 1122 Sq.Ft. 🔒 🔒
2025-09-23 Floor 3, Unit 8 N/A 321 Sq.Ft. 🔒 🔒

FAQs about Property Rates in Somwar Peth, Pune

What is the average asking price in Somwar Peth, Pune as of March 2026?

As of March 2026, the average asking price in Somwar Peth, Pune is ₹0 per sq ft. The data indicates no change in the asking price over the period, with a registration rate of ₹6,283 per sq ft. There are 38 listings available in the area.

How have property prices in Somwar Peth, Pune trended over the past year?

Property prices in Somwar Peth, Pune have shown fluctuations over the past year. The micromarket rate was ₹15,676 per sq ft in March 2026, an increase from ₹11,012 per sq ft in December 2025. Prior to that, in September 2025, the micromarket rate was ₹10,833 per sq ft, and in June 2025, it stood at ₹10,646 per sq ft. This indicates a significant upward trend in the latter half of the period.

How do property rates vary across different neighborhoods within or near Somwar Peth, Pune?

Property rates vary significantly across neighborhoods near Somwar Peth, Pune. As of March 2026, Sangamvadi shows the highest average rate at ₹19,955 per sq ft, though it experienced a depreciation of 1.05% from the previous period. Other micromarkets include Budhwar Peth at ₹12,474 per sq ft, Ganesh Peth at ₹11,892 per sq ft, and Raviwar Peth at ₹11,033 per sq ft. Mandai has the lowest average rate among these at ₹8,870 per sq ft.

What is the average price for an apartment in Somwar Peth, Pune as of March 2026?

As of March 2026, the average price for an apartment in Somwar Peth, Pune is ₹10,791 per sq ft. This represents a depreciation of 2.47% compared to the previous period, suggesting a slight cooling in apartment prices within the locality.

How do property prices differ between Ready To Move and Under Construction properties in Somwar Peth, Pune?

In Somwar Peth, Pune, Ready To Move properties have an average price of ₹9,263 per sq ft as of March 2026, which has depreciated by 6.45%. Under Construction properties are priced slightly lower at ₹9,031 per sq ft, showing a marginal appreciation of 0.49%. New Launch properties are priced at ₹9,098 per sq ft with a 0.51% appreciation. Well Occupied properties are priced at ₹9,598 per sq ft, with a depreciation of 5.57%.

Which projects in Somwar Peth, Pune have seen the most transactions as of March 2026?

As of March 2026, Siddhivinayak Keshar in Somwar Peth, Pune, recorded the highest number of transactions with 1 sale, at an average rate of ₹9,178 per sq ft. The sale value for this transaction was ₹31 Lakh. This project is listed as having no change in its rate.

What are the top projects in Somwar Peth, Pune based on listing rates as of March 2026?

As of March 2026, the projects with the highest listing rates in Somwar Peth, Pune include Kumar Sadan at ₹13,903 per sq ft and Sitarama Park at ₹13,076 per sq ft. Amar Centre Apartment is listed at ₹11,446 per sq ft. These rates represent the asking prices for properties within these projects, with most showing no change in their rates, except for Vitthal Shanti which depreciated by 6.67% to ₹9,376 per sq ft and Evolet Tiara which appreciated by 9.68% to ₹9,197 per sq ft.

What is the average rental rate in Somwar Peth, Pune as of March 2026?

As of March 2026, the average rental rate in Somwar Peth, Pune is ₹43 per sq ft. This figure provides a benchmark for rental property pricing in the locality.

How do rental rates compare across different micromarkets near Somwar Peth, Pune?

Rental rates vary across micromarkets near Somwar Peth, Pune. As of March 2026, Prabhat Road commands the highest average rental rate at ₹68 per sq ft. Shivajinagar and Model Colony are also premium rental locations with rates of ₹56 per sq ft and ₹56 per sq ft respectively. Koregaon Park has seen a significant appreciation of 17.39%, with its average rental rate now at ₹54 per sq ft. Camp offers rentals at ₹45 per sq ft, while Ghorpadi is more affordable at ₹41 per sq ft.

Which projects in Somwar Peth, Pune offer the highest rental rates as of March 2026?

As of March 2026, Suraj Vastu in Somwar Peth, Pune, offers the highest rental rate at ₹56 per sq ft, with no reported change. Siddhivinayak Keshar, also in Somwar Peth, follows with a rental rate of ₹50 per sq ft, also showing no change. These rates reflect the premium rental yields achievable in these specific projects within the locality.

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