Real Estate India

Maharashtra Housing Sales Hit Record High in 2024

By GeoSquare News Desk · Published 2026-10-11

Maharashtra’s residential real estate market closed 2024 on a historic high, with property registrations crossing the 1.5 lakh mark. This represents a 15% year-on-year increase, signalling robust buyer confidence across the state.

Mumbai and Pune Lead the Charge

Mumbai and Pune together accounted for the bulk of the sales, driven by strong end-user demand and new project launches. The Mumbai Metropolitan Region continued to see healthy traction in both luxury and mid-segment housing, while Pune’s IT corridor and peripheral suburbs attracted young professionals and investors.

Infrastructure Driving Demand

Key infrastructure projects, including the Coastal Road and Metro expansions, have improved connectivity and boosted sentiment around micro-markets. Better transit links are making once-distant suburbs more accessible, prompting many buyers to finalise purchases before prices move further north.

What This Means for Buyers

With record sales and steady infrastructure progress, the state’s property market is expected to remain active in 2025. However, buyers should focus on projects with clear titles and transparent pricing, and consider upcoming infrastructure corridors for long-term value appreciation.