How did Pune’s Real Estate Market do This Year? In October Home Registrations Fall 39%, But City Maintains Strong Year-To-Date Momentum, says Report
How did Pune’s Real Estate Market do This Year? In October Home Registrations Fall 39%, But City Maintains Strong Year-To-Date Momentum, says Report
Festive buying shifted to September, causing a dip in October numbers while Pune’s overall 2025 market stays resilient.
Pune’s housing market recorded 12,693 property registrations in October 2025, marking a 39 per cent drop from the same month last year, when transactions had touched 20,894. Knight Frank India’s latest report attributes this decline to the shift in festive buying: most auspicious days fell in September this year, moving a large chunk of demand ahead.
Despite the festive timing impact, the city still crossed the 12,000-deal mark, signalling steady demand rather than a market slowdown. Compared to September 2025, October registrations dipped by six per cent, while stamp duty revenues saw a marginal month-on-month rise.
Stamp duty collections for October stood at Rs 527 crore, down from Rs 751 crore in October 2024 — a 30 per cent year-on-year drop. Yet, the broader picture remains strong. Between January and October 2025, Pune registered 1,59,344 housing transactions, the highest in four years for this ten-month period, contributing Rs 6,110 crore in stamp duty revenue.
The report also highlights what buyers are choosing. Homes priced under Rs 1 crore led the demand, accounting for 85 per cent of deals. Mid-sized homes measuring 500–800 sq ft remained the most preferred, contributing 46 per cent of October’s transactions. Units below 500 sq ft rose slightly to 23 per cent, while larger categories above 800 sq ft saw a mild decline.
Central Pune including PMC, PCMC and Haveli continued to dominate with 64 per cent of the city’s deals in October. West Pune followed with 14 per cent, while the north, south and east corridors contributed the remaining share. New launches in outer zones further helped distribute demand across the metropolitan area.
Overall, Pune’s October slowdown reflects festive calendar dynamics rather than weakening sentiment. Strong year-to-date numbers, consistent preference for affordable and mid-sized homes, and steady revenue collections underline a stable and active residential market heading into the final months of 2025.
