According to the latest assessment by Knight Frank India, Pune’s real estate market recorded 12,693 property registrations in October 2025, generating Rs 5.27 billion in stamp duty revenue for the state exchequer.While registrations dipped 39 per cent year-on-year (YoY) and revenue declined 30 per cent, the fall was attributed to a high base effect from October 2024, which had witnessed exceptional festive-driven activity during Navratri (October 3–11) and Diwali (November 1). This year, most festive buying occurred in September, with Navratri running from September 22 to October 1, and Diwali falling later on October 20. Despite this shift, Pune’s October performance remained strong, surpassing the 12,000-mark in registrations.On a month-on-month (MoM) basis, registrations dipped 6 per cent, while stamp duty collections rose slightly by 0.7 per cent, indicating sustained transaction values.Market Holds Strong Through 2025Year-to-date (YTD) data highlights Pune’s resilience, with the city achieving its highest property registrations and stamp duty collections in four years for the first ten months of the calendar year.The distribution of ticket sizes remained stable compared to October 2024. Homes priced up to Rs 10 million continued to dominate with an 85 per cent share, underscoring steady demand in the mid and affordable segments. Properties priced above Rs 10 million accounted for 15 per cent, reflecting consistent activity in the premium housing category.Shishir Baijal, Chairman & Managing Director, Knight Frank India, said, “Pune’s housing market has held its ground firmly through 2025. October’s numbers were lower than last year’s festive-inflated base, yet the city crossed 12,600 registrations and generated over Rs 5 billion in revenue, pointing to steady underlying demand. Much of the festive buying shifted to September this year, but activity in October stayed within a healthy range. With YTD registrations and revenue at their highest levels in four years, Pune continues to operate at stable, sustainable volumes, reflecting a market that has grown more consistent, broad-based, and confident.”