Pune: The latest CREDAI Pune Housing Report, released in collaboration with CRE Matrix, reaffirms Pune’s position as India’s most dynamic and affordable residential real estate market.
The Pune Metropolitan Region recorded nearly 44,000 housing units sold with a total transaction value of ₹32,800 crore in the first half (H1) of 2025 alone. This represents an 80% growth in the housing market value since 2021, when sales stood at ₹36,000 crore.
Despite not being a state capital, Pune has consistently outperformed larger metros in housing sales, underpinned by strong infrastructure, affordable prices, and high quality of life.
Also Read: Ananda Athashri in Pune: Affordable Senior Living Backed by India Housing For All
Over the past five years, the city has remained the #1 metro in India for residential sales volume, a status now backed by evolving buyer preferences and growing demand in the mid-premium segment.
“Pune has firmly established itself as India’s leading metro for homebuyers. The city’s affordability, robust employment ecosystem, and upcoming infrastructure like the new airport and metro make it a magnet for real estate investment,” said Manish Jain, President, CREDAI Pune.
Mid-to-Premium Segment Drives Market Shift
The CREDAI Pune Housing Report reveals a dramatic shift in buyer behavior.
- Homes priced between ₹70 lakh and ₹2 crore have seen a threefold increase in demand since 2021, while the share of units below ₹45 lakh dropped from 55% to 35%.
- Premium housing (>₹1 crore) has doubled in sales over three years.
- Key micro-markets – PCMC, North-West Pune (Hinjawadi), and North-East Pune (Kharadi) – account for over 75% of total home sales in 2025.
“With nearly ₹33,000 crore in sales in just six months, Pune’s housing market has hit a new high. We foresee Pune breaching the 1 lakh annual unit sales mark very soon,” stated Abhishek Kiran Gupta, CEO, CRE Matrix.
Market Factors Fueling Growth
- Affordable Pricing: Average home prices hover around ₹75 lakh, making Pune India’s most affordable metro.
- Office Space Growth: Ranked 5th nationally in office absorption, Pune is projected to hit 150 million sqft by 2030.
- Warehousing Boom: Pune holds the 2nd largest warehousing stock in India with 50 million sqft and near-zero vacancy.
- Infrastructure Push: Pune Metro, Ring Road, and new airport projects enhance the city’s connectivity and long-term appeal.
“Buyers today are aspirational and better informed. Even in traditionally price-sensitive areas, demand for 2.5 and 3BHK units is increasing. This signals Pune’s evolution into a mid-premium housing market,” said Rahul Ajmera, developer and data analyst.
Also Read: How Municipal Neglect Is Destroying India’s Cities
The CREDAI Pune housing report also notes a temporary slowdown in new project launches due to delays in environmental clearances, which has helped clear unsold inventory. With regulatory issues being resolved, a fresh wave of housing launches is expected in the coming quarters.
About CREDAI Pune Housing Report
The CREDAI Pune Housing Report is a biannual publication offering data-driven insights into the Pune residential real estate market. It is jointly produced by CREDAI Pune, which represents over 2,000 member developers, and CRE Matrix, India’s leading real estate data analytics platform.
The CREDAI Pune housing report sources transaction data from IGR (Registration & Stamps Department of Maharashtra) and MahaRERA for accuracy and transparency.
