Knight Frank India, in its latest assessment, reported that Pune’s real estate market recorded 13,557 property registrations in September 2025, contributing ₹523 crore in stamp duty revenue to the state exchequer. Property registrations grew 23% year-on-year (YoY), while stamp duty collections rose 3% YoY, underscoring the city’s resilient housing demand.

On a month-on-month (MoM) basis, property registrations increased by 2% and stamp duty collections by 8%, reflecting continued buyer confidence and steady market momentum.

The surge in registrations was partly driven by the shift in the festive calendar. In 2024, property transactions slowed during the Shraddh period (September 17–October 2), whereas this year the period occurred earlier (September 7–21, 2025), allowing festive buying to pick up during Navratri (September 22–October 2, 2025).

On a year-to-date (YTD) basis, Pune’s housing market remains robust — achieving the highest property registrations and stamp duty collections for the first nine months of the year in the past four years. Compared to the same period last year, property registrations and stamp duty revenues have increased by 5% and 6%, respectively.

In terms of price segments, the share of homes priced above ₹1 crore rose slightly from 14% in September 2024 to 15% in September 2025, while properties priced below ₹1 crore maintained a stable 85% share. This indicates a broad-based market with steady growth at the premium end.

Shishir Baijal, Chairman & Managing Director, Knight Frank India, said,

“Pune’s housing market continues to display sustained momentum this year. The 23% YoY increase in registrations in September reflects how the shift in the festive calendar has further supported buyer activity. Revenue collections of ₹523 crore remained strong, reinforcing the steady demand seen through the year. What we are witnessing is a market operating at sustainable volumes, signalling growing maturity and enduring confidence among homebuyers.”