Pune’s residential real estate market continues to display strong demand momentum, with housing sales significantly outpacing new supply, according to the Pune Housing Report 2025 released by CREDAI in association with CRE Matrix.
In calendar year 2025, Pune recorded approximately 81,000 housing unit registrations, while new launches stood at around 64,000 units, indicating a 26% gap between demand and supply.
As per the Pune Housing Report 2025, the city witnessed housing transactions exceeding ₹63,000 crore in CY2025, based on actual IGR-registered sale deeds of new homes, excluding bookings and resale transactions.
This represents a nearly 19% rise in units sold and a 71% increase in transaction value compared to 2021, reflecting a steady shift towards higher-value housing and larger home configurations.
Demand growth has been particularly strong in the premium segments. During CY2025, Pune recorded sales of over 14,000 homes priced between ₹1 crore and ₹2 crore, along with around 3,300 homes priced above ₹2 crore.
Pune Housing Report 2025: Sales Outpace Launches
Compared to 2021, sales in the ₹1–2 crore category have grown nearly fourfold, while the ₹2 crore-plus segment has expanded by nearly three times, underscoring the increasing preference for premium and luxury housing.
The average value of a home sold in Pune during CY2025 stood at ₹78 lakh, marking a 44% increase over the past five years. This growth has been driven by larger home sizes and rising per-square-foot prices.
Despite this upward trend, Pune remains the most affordable major housing market among Indian metros, with average home prices significantly lower than Mumbai (₹2.24 crore), Bengaluru (₹1.71 crore), and Hyderabad (₹1.98 crore), while simultaneously recording the highest housing unit sales nationally.
Although buyer preferences have increasingly shifted towards larger apartments, affordability remains a defining feature of the market. Nearly 78% of homes sold in 2025 were priced below ₹1 crore, even as demand in the sub-₹50 lakh, ₹75 lakh, and sub-₹1 crore segments moderated.
Pune Housing Report 2025 Highlights Rising Sales Value and Premiumisation Trend
Developer portfolios have evolved accordingly, with the share of 3 and 4 BHK homes rising from 20% to 29%, while the share of 1 BHK units declined from 18% to 11%. As a result, the average size of newly launched homes has increased by 17% over the past five years.
Supply-side constraints impacted new project launches during the year due to temporary delays in environmental clearances and demarcation approvals across PMC, PCMC, PMRDA, and adjoining areas.
Despite this, Pune district continues to lead India in regulatory activity, recording the highest number of MahaRERA-registered projects and agents. Since 2021, the district has consistently seen over 1,000 new project registrations annually, reflecting sustained developer confidence.
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Commenting on the findings of the Pune Housing Report 2025, Manish Jain, President, CREDAI Pune, highlighted Pune’s strong lifestyle appeal, supported by proximity to recreational destinations, improving international connectivity through the upcoming Navi Mumbai International Airport, and infrastructure projects such as the Ring Road.
He noted that any moderation in unit sales is linked to temporary supply-side challenges rather than weakening demand, particularly as buyer interest in mid-sized and premium housing continues to strengthen.
Abhishek Kiran Gupta, CEO, CRE Matrix, stated that while housing volumes have moderated by 12–15% from the recent peak, transaction values have shown greater resilience, declining by only about 6%.
Apartment sales stabilised at around 81,000 units in 2025, well above pre-2022 levels, indicating healthy market consolidation rather than demand contraction.
Pune Housing Report 2025: Rising Premium Home Sales Drive Market Value Growth
The Pune Housing Report 2025 was unveiled at the Ramkumar Rathi Auditorium in the presence of CREDAI developer members.
Additional insights from MahaRERA New Launches data highlighted continued execution strength, with nearly 40% of projects launched in 2025 and 65% of those launched in 2024 already having completed excavation.
The market’s performance reflects sustained end-user demand even as supply growth remains measured.
Overall, Pune’s residential market is transitioning from a volume-driven affordable housing phase to a value-led cycle, shaped by evolving buyer preferences, rising incomes, and constrained land availability.
