Pune Property Registrations Cross 14,000 in November 2025

• Property registrations rose 6% year-on-year in November

• Homes priced under Rs 1 crore dominated buyer demand

• Central Pune accounted for two-thirds of all transactions

Even after the festive season slowdown, Pune’s residential real estate market continued to show stability and depth in November 2025. The city recorded 14,234 property registrations during the month, generating Rs 565 crore in stamp duty revenue, according to data released by Knight Frank India.

The November performance highlights Pune’s position as one of India’s most consistent housing markets. While activity typically cools after the festive period, the city saw a 6 percent rise in registrations compared to November last year, while stamp duty collections grew at a faster pace of 19 percent year-on-year, indicating higher transaction values.

On a month-on-month basis as well, November outperformed October. Property registrations increased by 12 percent, while stamp duty revenue rose by 7 percent, suggesting that buyer interest remained strong despite seasonal moderation.

Strong year-to-date performance

Beyond the monthly numbers, the broader trend paints an encouraging picture. From January to November 2025, Pune recorded 173,578 property registrations, the highest level seen in the first eleven months of a year over the past four years. Stamp duty collections during this period also reached a multi-year high, reflecting sustained market participation rather than a short-lived surge.

Industry experts say this steady growth indicates a market driven largely by genuine end-user demand, supported by employment opportunities, infrastructure development, and relatively stable pricing.

Affordable homes remain the backbone

Housing affordability continues to define Pune’s residential landscape. Properties priced up to Rs 1 crore accounted for nearly 85 percent of all registrations in November, underlining the dominance of mid-income and first-time homebuyers.

At the same time, demand for premium homes has remained resilient. Properties priced above Rs 1 crore made up around 15 percent of registrations, showing that higher-value transactions continue to find takers, especially among professionals and upgraders.

This balanced demand across price points has helped Pune avoid extreme volatility, making it one of the more predictable urban housing markets in the country.

Apartment size preferences stay stable

Homebuyers’ preferences in terms of apartment size have remained largely consistent compared to last year. Apartments measuring 500–800 square feet continued to be the most preferred category, accounting for 46 percent of all registrations in November. This reflects demand for functional, mid-sized homes suited for nuclear families.

Smaller homes below 500 square feet saw a marginal dip in share, declining from 25 percent last year to 24 percent. Meanwhile, larger homes above 800 square feet held a healthy 29 percent share, indicating sustained interest in spacious living, particularly among families upgrading their residences or opting for work-from-home-friendly layouts.

Central Pune leads transaction activity

Location-wise, Central Pune remained the focal point of residential activity. Areas under Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC) together accounted for 66 percent of all property registrations in November.

These areas continue to attract buyers due to their strong social infrastructure, proximity to employment hubs, and established connectivity.

West Pune, covering locations such as Mawal, Mulshi, and Velhe, contributed 15 percent of total transactions. These regions are increasingly popular among buyers seeking lower density living, greener surroundings, and improving road access.

The remaining 18 percent of registrations were spread across North, South, and East Pune, reflecting a relatively even distribution of housing demand across the city’s expanding micro-markets.

Market outlook remains steady

Commenting on the data, Shishir Baijal, Chairman and Managing Director of Knight Frank India, said Pune’s housing market has maintained consistent momentum throughout 2025. He noted that crossing 14,200 registrations in November and generating over Rs 560 crore in stamp duty revenue reflects strong underlying demand.

Baijal added that although transaction volumes have moderated after the festive season, the overall market remains balanced and resilient. With year-to-date registrations and revenue touching a four-year high, Pune’s residential sector continues to show signs of sustainable, long-term growth.

Looking ahead

The November figures suggest that Pune’s real estate market is not driven by speculative spikes but by steady buyer confidence. With demand spread across budgets, apartment sizes, and locations, and with strong contributions to state revenue, the city’s housing market appears well-positioned as it moves into the final month of 2025.