Pune Records 12,693 Registrations Despite Festive Slowdown

17 Nov 2025 CW Team

Despite the annual dip, activity remained steady, holding above the 12,000 mark. Last year’s October figures were inflated by festive momentum, with Navratri running from 3–11 October and Diwali on 1 November 2024. This year, most festive buying was concentrated in September, with Navratri falling from 22 September to 1 October and only Diwali on 20 October contributing to October’s demand.

On a month-on-month basis, registrations fell 6 per cent, while stamp duty revenue posted a modest 0.7 per cent increase.

Resilient Performance Year-to-Date Knight Frank noted that Pune’s property market remains robust on a year-to-date basis, recording the highest registrations and stamp duty revenue for the first ten months of the year in the past four years.

The distribution of ticket sizes remained unchanged from last year. Homes priced up to Rs 10 million continued to dominate with an 85 per cent share, reflecting strong demand in the affordable and mid-income segments. Properties priced above Rs 10 million accounted for 15 per cent, indicating that while premium demand is rising, the market’s core remains broad-based.

Shishir Baijal, Chairman and Managing Director of Knight Frank India, said: “Pune’s housing market has held its ground firmly through 2025. October’s numbers were lower due to last year’s festive base, yet the city crossed 12,600 registrations and generated over Rs 5 billion in revenue. With year-to-date figures at their highest levels in four years, Pune continues to operate at stable, sustainable volumes.”

Buyer Preferences and Regional Trends Home size preferences remained largely stable. Units below 500 sq ft edged up from 22 per cent to 23 per cent, and the 500–800 sq ft category held steady at 46 per cent. Larger homes above 800 sq ft saw a slight decline from 32 per cent to 30 per cent, indicating a mild softening in demand for bigger configurations.

Central Pune—comprising Haveli Taluka, Pune Municipal Corporation (PMC) and Pimpri Chinchwad Municipal Corporation (PCMC)—continued to lead residential activity with a 64 per cent market share in October 2025, although its share slipped compared with last year. West Pune (Mawal, Mulshi and Velhe) accounted for 14 per cent, while North, South and East Pune collectively contributed 22 per cent of transactions.

Pune’s property market registered 12,693 transactions in October 2025, generating Rs 5.27 billion in stamp duty collections, according to an analysis by Knight Frank India. Registrations fell 39 per cent year-on-year, while revenue declined 30 per cent, largely due to the high festive base recorded in October 2024. Despite the annual dip, activity remained steady, holding above the 12,000 mark. Last year’s October figures were inflated by festive momentum, with Navratri running from 3–11 October and Diwali on 1 November 2024. This year, most festive buying was concentrated in September, with Navratri falling from 22 September to 1 October and only Diwali on 20 October contributing to October’s demand. On a month-on-month basis, registrations fell 6 per cent, while stamp duty revenue posted a modest 0.7 per cent increase. Resilient Performance Year-to-Date Knight Frank noted that Pune’s property market remains robust on a year-to-date basis, recording the highest registrations and stamp duty revenue for the first ten months of the year in the past four years. The distribution of ticket sizes remained unchanged from last year. Homes priced up to Rs 10 million continued to dominate with an 85 per cent share, reflecting strong demand in the affordable and mid-income segments. Properties priced above Rs 10 million accounted for 15 per cent, indicating that while premium demand is rising, the market’s core remains broad-based. Shishir Baijal, Chairman and Managing Director of Knight Frank India, said: “Pune’s housing market has held its ground firmly through 2025. October’s numbers were lower due to last year’s festive base, yet the city crossed 12,600 registrations and generated over Rs 5 billion in revenue. With year-to-date figures at their highest levels in four years, Pune continues to operate at stable, sustainable volumes.” Buyer Preferences and Regional Trends Home size preferences remained largely stable. Units below 500 sq ft edged up from 22 per cent to 23 per cent, and the 500–800 sq ft category held steady at 46 per cent. Larger homes above 800 sq ft saw a slight decline from 32 per cent to 30 per cent, indicating a mild softening in demand for bigger configurations. Central Pune—comprising Haveli Taluka, Pune Municipal Corporation (PMC) and Pimpri Chinchwad Municipal Corporation (PCMC)—continued to lead residential activity with a 64 per cent market share in October 2025, although its share slipped compared with last year. West Pune (Mawal, Mulshi and Velhe) accounted for 14 per cent, while North, South and East Pune collectively contributed 22 per cent of transactions.

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