Pune
The Yerawada property market has experienced a dynamic shift, with current rates reaching ₹15,200 per sq ft. This growth is supported by a steady influx of residential interest, where ready-to-move projects continue to dominate the local supply. Rental demand remains healthy, characterized by a 4.03% yield that attracts investors looking for stable income streams. Registration data underscores this activity, with 97 transactions recorded in the recent period, totaling ₹1,147 Cr in gross value. The area balances premium high-rise developments with established housing, offering a versatile landscape for diverse buyer profiles.
The average asking price in Yerawada is ₹15,200 per sq ft as of March 2026. This figure reflects a significant appreciation of 58.05% compared to the previous period, indicating strong demand and a shift in the local real estate market dynamics.
As of March 2026, the average asking price in Yerawada stands at ₹15,200 per sq ft, which is higher than the Government Registration Rate of ₹11,500 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when evaluating their total cost of acquisition and potential financing requirements.
The price trend in Yerawada has shown an upward trajectory, with the average asking price rising from ₹9,600 per sq ft in December 2025 to ₹15,200 per sq ft in March 2026. This consistent growth over the last quarter suggests robust buyer interest and a tightening supply of residential inventory in the area.
As of March 2026, Ready To Move properties in Yerawada are priced at an average of ₹8,300 per sq ft, which has appreciated by 2.51% compared to the previous period. In contrast, Under Construction properties are priced higher at ₹13,900 per sq ft, reflecting a substantial appreciation of 37.84% over the same timeframe. This pricing difference often highlights the premium buyers are willing to pay for newer, modern developments currently in the construction phase.
The rental yield in Yerawada is currently 4.03% as of March 2026, with an average rental rate of ₹51 per sq ft. This yield provides a useful benchmark for investors to assess the potential annual income relative to their capital investment in the area, helping them balance rental returns against the current sale asking price of ₹15,200 per sq ft.
As of March 2026, the average rent for a 2 BHK apartment in Yerawada is ₹33,000 per month. This data point helps tenants and landlords understand the current market positioning for mid-sized family housing in the locality.
As of March 2026, Raviraj Park Island leads the rental market in Yerawada with a rate of ₹56 per sq ft, followed by Hari Ganga at ₹52 per sq ft and Goel Ganga Hari Ganga at ₹51 per sq ft. These projects command premium rents compared to the locality average of ₹50 per sq ft, likely due to their specific amenities, maintenance standards, or strategic location within the area.
Rental rates across neighbourhoods near Yerawada are largely consistent, with areas like Pratik Nagar, Shastrinagar, and Vishrantwadi all averaging ₹50 per sq ft as of March 2026. However, some areas have shown distinct growth; for instance, Sakore Nagar has seen its rental rates appreciate by 15.91% and Koregaon has seen an appreciation of 13.95% compared to the previous period, while Kalyani Nagar experienced a depreciation of 6.67%.
As of March 2026, the projects with the highest listing rates in Yerawada include Fly Valenciya at ₹19,750 per sq ft, which has appreciated by 19.59%, and Kohinoor White House at ₹18,900 per sq ft, which has appreciated by 24.84%. Majestique Volare also features prominently with a rate of ₹17,300 per sq ft, having appreciated by 16.03% over the observed period.
Buyers should use the property rate data for Yerawada to compare the current average asking price of ₹15,200 per sq ft against historical trends and the Government Registration Rate of ₹11,500 per sq ft. By analyzing the appreciation rates across different project statuses—such as the 37.84% appreciation in Under Construction projects—investors and end-users can make informed decisions about whether to prioritize immediate possession or long-term capital appreciation.
