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Kharadi property rates in 2026, and why sources disagree

One portal says ₹14,199 a square foot. Another says ₹10,151. A third says ₹9,000. All three are right, because none of them are measuring the same thing.

Blackstone Realty · 1 August 2026 · 7 min read

Bar chart of Kharadi flat rate change over one, three, five and ten years

Search for the property rate in Kharadi and you will get a number within four seconds and a contradiction within thirty. One portal puts apartments at ₹14,199 a square foot. Another puts the average between ₹10,151 and ₹10,911. Broker commentary from the same month talks about ₹9,000 to ₹11,500.

That is a spread of more than fifty per cent on what is supposedly the same figure for the same suburb in the same year. Nobody is lying. They are averaging different sets of buildings, and once you know which set, the numbers stop fighting each other.

Why the averages disagree

A locality average is only as meaningful as the inventory it covers, and Kharadi contains at least three markets that have very little to do with one another.

  • Resale stock built ten to fifteen years ago, often with smaller layouts, fewer amenities and no covered parking. This is where the lower numbers come from.
  • New launches in the interior, off the main road, in the ₹10,000 to ₹12,000 band.
  • Branded developments close to the IT campuses, with podium amenities and low-density floor plates. These pull the top of the range up past ₹14,000.

A portal that weights heavily towards resale listings reports one number. A portal that weights towards new launches reports another. Both are describing Kharadi. Neither is describing the flat you are about to see.

What the trend actually shows

The chart at the top of this page carries four numbers: up 2.9 per cent over one year, 36.3 per cent over three, 49.7 per cent over five and 76.9 per cent over ten.

Read left to right and the story looks like a straight climb. Read it the other way and something more useful appears.

Rates are up 76.9 per cent over ten years and 49.7 per cent over five. Both are strong. But the last twelve months added 2.9 per cent, which is below what a fixed deposit paid over the same period. The three-year figure of 36.3 per cent means almost all of that movement happened in the two years before this one.

In other words, the run that made Kharadi famous has already happened. Anyone showing you the ten-year number as a reason to buy today is showing you a return that went to somebody who bought in 2016.

The commercial market is doing something different

Over the same period, shops in Kharadi moved 8.11 per cent to ₹34,748 a square foot and office space moved 9.92 per cent to ₹20,339. Both grew roughly three times faster than apartments did.

That gap is worth sitting with. It says demand in Kharadi is still being driven by employers rather than by residents, and that the residential market has, for now, priced in what the offices are worth to it.

Chart showing 11 million square feet of Kharadi office stock, of which EON Free Zone is 6.2 million and World Trade Center Pune is 1.6 million
Kharadi carries more than 11 million sq ft of offices. EON Free Zone and World Trade Center Pune account for most of it. · Illustration

What the rent tells you that the rate does not

Kharadi rents average around ₹47 a square foot a month, which works out to a gross yield of about 3.97 per cent. A 2 BHK averages ₹36,483 a month and a 3 BHK ₹49,873.

A yield near four per cent is healthy by Indian residential standards and thin by any other standard. It tells you the rental demand is genuine, which matters if you ever need to let the flat out. It does not, on its own, make the flat an investment.

How to use any of this

Three questions turn a locality average into something you can act on.

  1. Is the quoted rate on carpet area? A rate on super built-up looks twenty to thirty per cent cheaper than the same flat quoted on carpet. Under RERA the sale is on carpet, so that is the only basis on which two projects can be compared. The difference between the three area figures is set out in this guide.
  2. What is the all-inclusive figure? Rate per square foot excludes floor rise, parking, club charges, GST, stamp duty and registration. On a ₹1.12 crore flat those add close to ₹14 lakh.
  3. What did the last three flats in this building actually sell for? Asking rates are published. Transacted rates are not, and the gap between them is where the negotiation lives.

Kharadi is a good address with a real employment base underneath it. That case does not need the ten-year chart to make it, and a seller who leads with the chart rather than the flat is telling you which one is stronger.

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