What is the current average asking price in Spine Road as of June 2026?

As of June 2026, the average asking price in Spine Road is ₹8,850 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for residential apartments in this locality.

How have property prices in Spine Road trended over the last few quarters?

The property prices in the Spine Road micromarket have shown a fluctuating trajectory leading up to June 2026. Data indicates the micromarket rate reached ₹12,500 per sq ft in March 2026, rising from ₹12,250 per sq ft in December 2025 and ₹9,300 per sq ft in September 2025. These shifts reflect evolving buyer demand and supply dynamics within the area over the past year.

How do property rates in Spine Road compare to nearby neighbourhoods?

Property rates in Spine Road vary significantly when compared to surrounding areas in Pune. As of June 2026, while Spine Road averages ₹8,850 per sq ft, nearby locations show diverse pricing, such as Chinchwad at ₹14,300 per sq ft (which appreciated by 40.86% over the observed period), Sector 21 at ₹14,900 per sq ft (up by 6.88%), and Moshi at ₹7,500 per sq ft (up by 0.32%). These variations allow buyers to choose between premium established hubs and more emerging, budget-friendly residential corridors.

What is the price difference between Ready To Move properties and the general market in Spine Road?

Ready To Move properties in Spine Road are currently priced at an average of ₹6,750 per sq ft as of June 2026. This segment has seen an appreciation of 1.94% compared to the previous period, offering a more accessible entry point for end-users compared to the broader locality average of ₹8,850 per sq ft for all apartment types.

Which projects are notable in Spine Road for their listing rates?

LPR Sapphire is a key project in Spine Road, currently featuring a listing rate of ₹6,750 per sq ft as of June 2026. This project has experienced an appreciation of 1.94% over the observed period, positioning it as a competitive option for those seeking ready-to-move residential inventory in the Pimpri Chinchwad area.

What are the current rental rates in neighbourhoods surrounding Spine Road?

Rental rates across the areas surrounding Spine Road are currently consistent at approximately ₹50 per sq ft as of June 2026. While many areas like Pimpri, Akurdi, and Pimple Saudagar have seen stable rental trends with 0% change, some locations show volatility; for instance, Chinchwad experienced a depreciation of 12.5% and Charholi Budruk saw a depreciation of 5% over the observed period. Conversely, Moshi and Chikhali recorded an appreciation of 3.85% in their rental rates.

Spine Road Property Rates — ₹8,850/sq ft

The real estate market in Spine Road presents a balanced view for potential homeowners and investors alike. With an average price of ₹8,850 per sq ft, the locality benefits from its connectivity and proximity to several key residential hubs in Pune. Rental demand remains consistent across the region, with many sub-locations reporting a stable average rental rate of ₹50 per sq ft. The market is supported by a mix of established and developing residential projects that cater to various budget segments.

Apartment prices in Spine Road have seen a positive growth trend of 0.74%.
Ready-to-move projects like LPR Sapphire offer entry-level pricing at ₹6,750 per sq ft.
Rental rates across key areas including Moshi, Pimpri, and Chikhali are holding steady at ₹50 per sq ft.
High-growth neighborhoods like Chinchwad have experienced a significant price appreciation of 40.86%.
Nearby locations such as Alandi and Dudulgaon have recorded strong year-on-year growth of 35.86% and 30.09% respectively.

Location	Rate (₹/Sq.Ft)	Change %
Moshi	7,500	0.3
Pimpri	11,400	19.1
Chovisawadi	8,450	-
Chinchwad	14,300	40.9
Dudulgaon	8,600	30.1
Alandi	8,000	35.9
Pimpri Gaon	8,450	-
Sector 21	14,900	6.9
Charholi Budruk	9,400	5.2
Pimple Saudagar	11,650	-0.4