+
Pune Sees Rs 42 Billion Stamp Duty from 11,930 Property Deals
Real Estate

Pune Sees Rs 42 Billion Stamp Duty from 11,930 Property Deals

Pune recorded 11,930 property registrations in May 2025, generating Rs 42.1 billion in stamp duty revenue, according to Knight Frank India. While this reflected a 2.9 per cent year-on-year drop in registrations and a 4.2 per cent dip in collections, year-to-date figures remain robust.

From January to May 2025, Pune registered over 99,300 properties, the highest in four years, marking a 16 per cent increase from the same period last year. Stamp duty collections during this period rose 20 per cent to Rs 368.7 billion.

Premium Segment Grows, but Mass Market Dominates

Homes priced above Rs 10 million rose to 19 per cent of transactions in May 2025, up from 14 per cent a year earlier. However, 81 per cent of sales still fell within the sub-Rs 10 million range, indicating broad-based demand.

Larger Homes in Demand

The preference for spacious residences continued, with 32 per cent of registered homes exceeding 800 sq ft, compared to 31 per cent in May 2024. Homes in the 1,000–2,000 sq ft range also saw increased uptake, rising to 15 per cent of all transactions.

Central Pune Leads, West Expands

Central Pune—comprising Haveli Taluka, Pune Municipal Corporation, and PCMC—accounted for 75 per cent of transactions in May 2025. West Pune, which includes Mawal, and Mulshi.


Pune recorded 11,930 property registrations in May 2025, generating Rs 42.1 billion in stamp duty revenue, according to Knight Frank India. While this reflected a 2.9 per cent year-on-year drop in registrations and a 4.2 per cent dip in collections, year-to-date figures remain robust.From January to May 2025, Pune registered over 99,300 properties, the highest in four years, marking a 16 per cent increase from the same period last year. Stamp duty collections during this period rose 20 per cent to Rs 368.7 billion.Premium Segment Grows, but Mass Market DominatesHomes priced above Rs 10 million rose to 19 per cent of transactions in May 2025, up from 14 per cent a year earlier. However, 81 per cent of sales still fell within the sub-Rs 10 million range, indicating broad-based demand.Larger Homes in DemandThe preference for spacious residences continued, with 32 per cent of registered homes exceeding 800 sq ft, compared to 31 per cent in May 2024. Homes in the 1,000–2,000 sq ft range also saw increased uptake, rising to 15 per cent of all transactions.Central Pune Leads, West ExpandsCentral Pune—comprising Haveli Taluka, Pune Municipal Corporation, and PCMC—accounted for 75 per cent of transactions in May 2025. West Pune, which includes Mawal, and Mulshi.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code