Pune: Pune’s housing market continued its upward momentum as Pune property registrations increased 6% year-on-year (YoY) in July 2025, reaching 14,622 units. According to Knight Frank India, stamp duty revenue also witnessed a sharp 24% rise, touching ₹648 crore during the month.
Strong Growth in Pune Property Registrations and Stamp Duty Collections
Between January and July 2025, Pune property registrations touched 130,860 units, with stamp duty collections amounting to ₹4,983 crore.
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This reflects a 15% increase in registrations and a 20% rise in revenue compared to the same period in 2024, marking the highest levels for the first seven months of any year in the past four years.
Premium Housing Demand on the Rise
Market data revealed a notable increase in premium home purchases. The share of homes priced above ₹1 crore rose from 14% in July 2024 to 16% in July 2025. Despite this growth in the luxury segment, affordable and mid-range housing continued to dominate, with 83% of transactions recorded in the up-to-₹1 crore segment.
Preference for Larger Apartments Sustains Demand
The shift towards larger living spaces remains strong. Apartments exceeding 800 sq ft accounted for 33% of transactions in July 2025, up from 31% in the previous year. This reflects sustained post-pandemic buyer preference for spacious homes.
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Pune Property Registrations Led by Central Pune
Central Pune, comprising Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC), retained the highest market share with 76% of all residential transactions in July 2025. West Pune, including Mawal, Mulshi, and Velhe, ranked second with a 15% share. North, South, and East Pune contributed the remaining 9%.
Knight Frank India Insights on Market Momentum
Shishir Baijal, Chairman & Managing Director, Knight Frank India, commented, “Pune’s housing market held onto its growth streak in July 2025, with property registrations rising 6% YoY and stamp duty collections jumping 24% over last year. Strong market fundamentals, backed by steady demand in the mid to high-value categories and preference for larger apartments, continue to drive activity.”
