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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Shivajinagar is a premium residential and commercial locality situated in central Pune, bordering Deccan Gymkhana and Erandwane. The pin code of Shivajinagar is 411005. This historic neighbourhood houses students, professionals, and long-term residents near the iconic Fergusson College Road. Families here access educational institutions like Modern High School and medical facilities like Sancheti Hospital. Shivaji Nagar Metro Station on the Aqua Line is located just 0.5 km away. Key arterial routes include Jangali Maharaj Road, allowing a 10-minute drive to Pune Junction Railway Station. In 2026, average property rates range from Rs. 14,000 to Rs. 19,000 per sq ft for apartments. High demand is driven by prestigious colleges and corporate offices nearby.
| Locality | Property Price per sq ft* |
|---|---|
| Shivajinagar pune | Rs. 13,000 to Rs. 19,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 12,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 20,000 to Rs. 28,000 |
| 3 BHK for rent | Rs. 30,000 to Rs. 42,000 |
Shivajinagar remains a highly sought-after residential hub in central Pune, showing strong capital appreciation over recent years. The locality recorded a significant property price growth of 15.4% in 2026, building on previous steady gains. Buyers can expect apartment purchase prices to range from Rs. 13,000 to Rs. 19,500 per sq ft. Meanwhile, the rental market has stabilized with a 6.6% increase in 2026. Monthly rents in the area generally range between Rs. 12,000 and Rs. 42,000 depending on the property age. This upward trend is supported by excellent transit links and proximity to major educational institutions. (* As of August 22, 2026)
Pataleshwar Cave Temple is a prominent landmark in Shivajinagar. Some more include:
Shivajinagar is well-connected through Ganeshkhind Road and the following roads:
Shivaji Nagar Metro Station on the Aqua Line is the closest public transit option, located 0.5 km away. Some more include:
The nearest railway station and airport are Shivajinagar Railway Station, which is located 0.2 km away, and others:
Shivajinagar is well-equipped with numerous top educational institutions, such as Fergusson College and COEP Technological University, along with:
Some reputed healthcare places near Shivajinagar include Sancheti Hospital, and others:
You can access Pavilion Mall and Central Mall easily from Shivajinagar pune. Some more include:
These localities are located around Shivajinagar:
Here are some of the major employment centres near Shivajinagar:
The popular landmarks within Shivajinagar are:


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Raintree Developers LLP has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
