Pune Property Registrations Decline 17% in January 2026: Knight Frank
Pune recorded 14,527 property registrations in January 2026, generating ₹609 crore in stamp duty revenue, according to a report by Knight Frank India. While registrations declined 17% year-on-year (YoY) compared to January 2025, stamp duty collections fell at a slower pace of 5%, reflecting continued traction in higher ticket-size transactions.
On a sequential basis, the city saw a rebound after the year-end slowdown, with registrations rising 20% month-on-month (MoM) and stamp duty collections jumping 37% over December 2025, the report said.
Homes priced up to ₹1 crore continued to dominate registrations, though their combined share moderated to 82% in January 2026, indicating a gradual shift towards higher-value purchases. The ₹50 lakh–₹1 crore segment accounted for 29% of registrations, while homes priced ₹1 crore–₹2.5 crore saw their share rise to 14%.
Shishir Baijal, international partner, chairman, and managing director of Knight Frank India, said Pune’s residential market began 2026 on a “measured note,” with the smaller decline in revenue compared to registrations pointing to stronger mid and premium ticket deals.
The distribution of home sizes remained largely stable, with a marginal tilt towards larger apartments. The share of units under 500 sq ft declined to 23% from 26% a year ago, while the 500–800 sq ft category continued to lead with 46% share. Homes in the 800–1,000 sq ft and 1,000–2,000 sq ft brackets rose by a percentage point each to 14%, while units above 2,000 sq ft remained steady at 3%.
Central Pune, including Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC), accounted for 67% of residential transactions in January 2026. West Pune contributed 16%, while North, South, and East Pune together made up the remaining 16%, the report said.
