Manjari Khurd Property Prices in 2026 — Current Rates, 5-Year Trends & East Pune Comparison
Average Rate: ₹7,500–9,500/sq ft | East Pune Range: ₹8,000–12,000/sq ft | 5-Year Appreciation: ~35–50%
Market Summary: Manjari Khurd remains one of East Pune’s most competitively priced micro-markets, with metro expansion, Solapur Highway widening, and IT corridor growth driving steady appreciation. Godrej Sky Greens Phase 1 at ~₹9,157/sq ft serves as the benchmark branded project in this corridor.
Introduction — Why Manjari Khurd Property Prices Matter in 2026
Our team at Godrej Properties MMR presents a data-driven analysis of manjari khurd property prices in 2026 — covering current rates, historical appreciation, infrastructure catalysts, and comparisons against Kharadi, Hadapsar, Wagholi, and Keshav Nagar. East Pune has emerged as one of Maharashtra’s fastest-appreciating corridors, and Manjari Khurd sits at the intersection of affordability and growth potential.
Rates in Manjari Khurd currently range between ₹7,500 and ₹9,500 per sq ft, placing it ₹2,000–4,000 below Kharadi and Hadapsar. Over 5 years, East Pune has recorded cumulative appreciation of 35–50%, and Manjari Khurd has tracked the upper end of that range due to its lower base and strong infrastructure pipeline.
Within this market, Godrej Sky Greens Phase 1 serves as the anchor branded project — 500+ units on 4.15 acres within the Godrej Rivergreens township (~150 acres), with 2 BHK from ₹56.50 Lakh and 3 BHK from ₹78 Lakh at ~₹9,157 per sq ft.
Background — The Builder and the East Pune Development Landscape
Godrej Properties Limited (NSE: GODREJPROP) is the real estate arm of the Godrej Group, founded in 1990 and listed on the NSE in 2010. The developer has delivered 300+ projects spanning 250+ million sq ft across 12+ cities with multiple IGBC certifications. Readers can verify the corporate profile at godrejproperties.com.
Godrej Sky Greens Phase 1 (RERA P52100032428, possession March 2026) is part of the Godrej Rivergreens township across ~150 acres, featuring a 6,500 sq m clubhouse, swimming pool, amphitheatre, jogging tracks, and 24×7 security. Estimated GDV stands at ~₹700 Crore. The project is complemented by other Godrej developments in Pune such as Godrej Infinity at Keshav Nagar from ₹80 Lakh.
East Pune’s growth has been shaped by the IT corridor running from Kharadi through Hadapsar toward Manjari Khurd. EON IT Park, Magarpatta Cybercity, and the Kharadi cluster have created employment density that feeds housing demand directly. Sky Greens occupies the value segment — branded township living at rates 30–40% below Kharadi.
Key Data — Current Price Bands Across East Pune Micro-Markets
Understanding manjari khurd property prices requires context against neighbouring micro-markets. East Pune is not monolithic — rates vary by ₹3,000–5,000 per sq ft depending on proximity to IT hubs, metro stations, and established social infrastructure.
| Micro-Market | Avg. Rate/sq ft (2026) | Typical 2 BHK Price | Key Demand Driver |
|---|---|---|---|
| Kharadi | ₹10,500 – 14,000 | ₹75 – 95 Lakh | EON IT Park, Zensar campus |
| Hadapsar | ₹9,000 – 12,500 | ₹65 – 85 Lakh | Magarpatta City, Fursungi IT belt |
| Keshav Nagar (Mundhwa) | ₹9,500 – 12,000 | ₹70 – 90 Lakh | Koregaon Park proximity, river frontage |
| Wagholi | ₹6,500 – 8,500 | ₹45 – 60 Lakh | Affordability, Nagar Road connectivity |
| Manjari Khurd | ₹7,500 – 9,500 | ₹50 – 70 Lakh | Solapur Highway, IT corridor spillover |
Manjari Khurd sits as the second most affordable micro-market after Wagholi. Unlike Wagholi — which suffers from Nagar Road congestion and limited branded developer presence — Manjari Khurd benefits from the Solapur Highway corridor and has attracted institutional developers including Godrej Properties. At Godrej Sky Greens, the effective rate of ~₹9,157 per sq ft reflects the Godrej brand, township amenities, and the Rivergreens master plan.
The ₹56.50 Lakh starting price for a 2 BHK at Godrej Sky Greens is ₹20–30 Lakh lower than comparable branded 2 BHK options in Kharadi. For a buyer working at EON IT Park — approximately 15 minutes away — that translates to roughly ₹1,500–2,200 less in monthly EMI. For detailed apartment-level comparisons, see our top 5 affordable 2 BHK flats in East Pune.
Market Analysis — How Prices Have Moved Over 3 and 5 Years
Price appreciation data tells a more complete story than current rates alone. Manjari Khurd has outperformed several established East Pune micro-markets on a percentage basis because its lower base allows larger relative gains.
| Micro-Market | Rate in 2021 (approx.) | Rate in 2023 (approx.) | Rate in 2026 (approx.) | 5-Year Appreciation |
|---|---|---|---|---|
| Kharadi | ₹7,500 – 9,500 | ₹8,500 – 11,000 | ₹10,500 – 14,000 | ~40 – 47% |
| Hadapsar | ₹6,500 – 8,500 | ₹7,500 – 10,000 | ₹9,000 – 12,500 | ~38 – 47% |
| Keshav Nagar | ₹6,800 – 8,000 | ₹7,800 – 9,500 | ₹9,500 – 12,000 | ~40 – 50% |
| Wagholi | ₹4,500 – 6,000 | ₹5,200 – 7,000 | ₹6,500 – 8,500 | ~35 – 42% |
| Manjari Khurd | ₹5,000 – 6,500 | ₹6,000 – 7,800 | ₹7,500 – 9,500 | ~42 – 50% |
Manjari Khurd’s 5-year appreciation of 42–50% places it at the top of the East Pune range. A buyer who purchased a 2 BHK here in 2021 at approximately ₹35 Lakh would hold an asset worth ₹50–55 Lakh today — a capital gain of ₹15–20 Lakh before accounting for rental income during the holding period.
The 3-year trend from 2023 to 2026 shows acceleration rather than plateau, with rates moving from ₹6,000–7,800 to ₹7,500–9,500 per sq ft — a 22–25% jump in just 3 years. This acceleration correlates directly with metro route finalisation, Solapur Highway widening commencement, and the launch of branded projects including Godrej Sky Greens which brought institutional buyer confidence to the area.
Deep Dive — Infrastructure Driving Price Growth in Manjari Khurd
Property prices in any emerging micro-market are ultimately a bet on infrastructure delivery. Manjari Khurd has 3 major catalysts in various stages of execution, each directly impacting connectivity, commute times, and property values.
The Pune Metro expansion is the single largest price driver. The planned corridor connecting East Pune to the city centre will cut travel to Pune Station from 30 minutes to an estimated 20–22 minutes. Data from Mumbai and Bengaluru shows properties within 2 km of operational metro stations appreciate 15–25% faster.
The Solapur Highway widening from 4 to 6 lanes is already underway. This will reduce peak-hour travel to Hadapsar from 20 to 12–15 minutes and improve airport access (currently ~35 minutes from Godrej Sky Greens). Highway widening in Pune has historically added 8–12% to property values within a 3 km corridor.
The IT corridor expansion eastward from Kharadi is creating employment clusters progressively closer to Manjari Khurd. EON IT Park (~15 minutes) and Magarpatta City (~20 minutes) already generate significant demand. As IT companies expand eastward seeking lower commercial rents, the employment gravity centre shifts in Manjari Khurd’s favour.
Takeaway: Three infrastructure catalysts — metro expansion, Solapur Highway widening, and IT corridor growth — are converging on Manjari Khurd simultaneously. Historical precedent suggests this combination can drive 20–35% additional appreciation over the next 3–5 years beyond the base market trend.
Investment Snapshot — Rental Yields and Capital Returns in Manjari Khurd
Investment analysis requires two numbers: rental yield for ongoing cash flow and capital appreciation for total returns. We present both, benchmarked against Godrej Sky Greens Phase 1 pricing and prevailing rental rates.
| Investment Metric | 2 BHK (617–624 sq ft) | 3 BHK (849–854 sq ft) |
|---|---|---|
| Purchase Price (Godrej Sky Greens) | From ₹56.50 Lakh | From ₹78 Lakh |
| Approx. Rate per sq ft | ~₹9,157/sq ft | |
| Monthly Rental (est.) | ₹12,000 – 16,000 | ₹18,000 – 24,000 |
| Annual Rental Income (est.) | ₹1.44 – 1.92 Lakh | ₹2.16 – 2.88 Lakh |
| Gross Rental Yield | ~2.9 – 3.4% | ~3.0 – 3.7% |
| 5-Year Capital Appreciation (projected) | ~35 – 50% based on corridor trend | |
| Combined 5-Year Return (capital + rental) | ~50 – 68% (est. pre-tax) | |
The gross rental yield of 3.0–3.5% is consistent with East Pune averages. If the 42–50% appreciation trend continues, a ₹56.50 Lakh 2 BHK could be worth ₹76–85 Lakh by 2031. Combined with cumulative rental income of ~₹7–10 Lakh, total pre-tax returns land between 50% and 68% — compared to ~40% from a 7% fixed deposit over the same period.
Tenant demand draws primarily from IT professionals at EON IT Park, Magarpatta City, and the Hadapsar belt — a demographic that prioritises proximity to work and affordability. Godrej Sky Greens commands a rental premium of ~₹2,000–3,000 per month over unbranded alternatives.
Buyer Guidance — When to Buy and What to Watch
Current rates of ₹7,500–9,500 per sq ft are still below the East Pune average of ₹8,000–12,000 per sq ft, and the infrastructure pipeline has not yet been fully priced in. Once the metro corridor becomes operational and the Solapur Highway widening completes, rates are likely to reset upward by 15–25% — narrowing the gap with Hadapsar and Keshav Nagar.
For end-users working within 20 minutes (Kharadi, EON IT Park, Hadapsar, Magarpatta), savings of ₹20–30 Lakh translate directly to lower EMI burden. A ₹56.50 Lakh purchase at Godrej Sky Greens requires ~₹45 Lakh in financing at 80% LTV, resulting in EMI of roughly ₹36,000–38,000 per month — manageable for a household income of ₹1.2 Lakh per month.
For investors, Manjari Khurd is in a pre-infrastructure sweet spot — catalysts are visible and funded but not yet operational, so the price premium has not been fully absorbed. Historical data from Kharadi shows pre-infrastructure purchases appreciated 25–30% faster. For a neighbourhood profile, our complete guide to living in Manjari Khurd provides ground-level detail.
Three risks to monitor: metro timeline delays could push appreciation rightward by 1–2 years; oversupply could temporarily compress margins; and IT sector slowdowns could reduce tenant demand.
Takeaway: The optimal buying window for Manjari Khurd is now — while rates remain ₹2,000–4,000 per sq ft below Kharadi and Hadapsar, and before metro and highway completions trigger the next price reset. Buyers with a 5+ year horizon stand to benefit from both capital appreciation and rental income.
Conclusion — Our Market Outlook for Manjari Khurd Property Prices
Our market outlook for Manjari Khurd is positive. The micro-market combines below-market pricing (₹7,500–9,500 versus East Pune’s ₹8,000–12,000), active infrastructure investment (metro, highway, IT corridor), and institutional developer entry through Godrej Properties’ 150-acre Rivergreens township.
Godrej Sky Greens Phase 1 at ~₹9,157 per sq ft represents the quality ceiling in Manjari Khurd — branded township with 6,500 sq m clubhouse, 20+ amenities, and RERA-registered delivery. At ₹56.50 Lakh for a 2 BHK, it offers branded living at a price point Kharadi and Hadapsar cannot match. The complete listing is at Godrej Sky Greens Phase 1, Manjari Khurd.
We project rates to reach ₹10,000–13,000 per sq ft by 2029–2030, representing 30–40% appreciation. For buyers deciding between Manjari Khurd and other East Pune corridors, the price gap will narrow over 3–5 years — the cost of waiting is real.
Q1. What is the current property price per sq ft in Manjari Khurd Pune?
Property prices in Manjari Khurd range between ₹7,500 and ₹9,500 per sq ft as of mid-2026. Branded projects like Godrej Sky Greens Phase 1 are priced at approximately ₹9,157 per sq ft, while unbranded developments trade closer to ₹7,500 per sq ft. This places Manjari Khurd ₹2,000–4,000 per sq ft below Kharadi and Hadapsar.
Q2. How much have property prices appreciated in Manjari Khurd over 5 years?
Manjari Khurd has recorded approximately 42–50% appreciation over 5 years, moving from ₹5,000–6,500 per sq ft in 2021 to ₹7,500–9,500 per sq ft in 2026. This outperforms several established East Pune micro-markets on a percentage basis, driven by Solapur Highway development, IT corridor expansion, and branded developer entry.
Q3. How does Manjari Khurd compare to Kharadi and Hadapsar in pricing?
Manjari Khurd at ₹7,500–9,500 per sq ft is ₹2,000–4,500 per sq ft cheaper than Kharadi (₹10,500–14,000) and ₹1,500–3,000 per sq ft below Hadapsar (₹9,000–12,500). A 2 BHK in Manjari Khurd starts around ₹50–56 Lakh at branded projects, compared to ₹75–95 Lakh in Kharadi.
Q4. What is the rental yield for property in Manjari Khurd?
Gross rental yields in Manjari Khurd range between 3.0% and 3.5%. A 2 BHK at Godrej Sky Greens (from ₹56.50 Lakh) can generate estimated rent of ₹12,000–16,000 per month, while a 3 BHK (from ₹78 Lakh) can yield ₹18,000–24,000 monthly. Demand is driven by IT professionals at EON IT Park and Magarpatta City.
Q5. Is 2026 a good time to buy property in Manjari Khurd?
Yes, 2026 represents an optimal buying window. Current rates of ₹7,500–9,500 per sq ft are below the East Pune average, and major infrastructure projects — metro expansion, Solapur Highway widening, IT corridor growth — have not been fully priced in. Rates are projected to reach ₹10,000–13,000 per sq ft by 2029–2030.
