Pune’s real estate market recorded 12,693 property registrations in October 2025, generating ₹527 crore in stamp duty collections. Although registrations saw a 39% year-on-year decline and revenues dropped by 30%, experts attributed the fall mainly to last year’s festive high base effect.
Festive Season Impact
Last year’s festive momentum, driven by Navratri and Diwali, had boosted October 2024 sales. In contrast, festive activity in 2025 shifted earlier — with Navratri falling in late September and Diwali on October 20, which slightly reduced October’s buying spike but maintained stable volumes.
Month-on-Month and YTD Performance
While month-on-month (MoM) registrations dipped 6%, stamp duty revenue actually grew 0.7%.
On a year-to-date (YTD) basis, Pune achieved the highest property registrations and stamp duty collections in the last four years, indicating strong fundamentals and sustainable growth.
Property Segments & Demand Trends
Homes priced up to ₹1 crore continued to dominate with 85% market share, showing steady demand in the mid and affordable segments. Premium homes above ₹1 crore held a 15% share, maintaining their position in the city’s portfolio.
Expert Insights
“Pune’s housing market has held its ground firmly through 2025. Despite a high base from last year, the city crossed 12,600 registrations and over ₹500 crore in revenue, showing steady underlying demand.
The report adds that the market is now more consistent, broad-based, and confident, reflecting sustainable buying behavior.
Area-Wise Market Split
Central Pune, covering PMC, PCMC, and Haveli Taluka, contributed 64% of transactions in October 2025.
West Pune (Mawal, Mulshi, Velhe) came second with 14% share, while North, South, and East Pune collectively contributed 22%.
This distribution indicates emerging homebuyer interest in newer suburban zones.
Market Summary
Despite short-term fluctuations, Pune’s real estate remains resilient, consistent, and growth-oriented. The continued dominance of affordable housing, rising suburban development, and strong stamp duty collection point toward long-term stability.
Join The Discussion