Pune Property Registrations Surge 6% in November 2025; Stamp Duty Reaches ₹565 Crore
Pune’s real estate market recorded 14,234 property registrations in November 2025, marking a 6% year-on-year (YoY) growth, according to the latest report by Knight Frank India. The data also reveals that the city’s revenue collections from stamp duty increased by 19% YoY during the same period. On a month-on-month (MoM) basis, registrations saw a 12% increase, while stamp duty collections grew by 7%.
Despite the MoM rise, Pune’s property market experienced moderate growth on a year-to-date (YTD) basis. However, the first eleven months of 2025 saw the highest property registrations and stamp duty collections in the past four years.
The distribution of ticket sizes in November 2024 and November 2025 remained largely unchanged. Properties priced up to ₹1 crore continued to dominate with an 85% share, highlighting the steady demand at the mid and affordable end of the market. Segments priced above ₹1 crore maintained a 15% share.
Shishir Baijal, Chairman & MD of Knight Frank India, commented, “Pune’s housing market has continued to show steady momentum through 2025. November recorded over 14,200 registrations, a 6% year-on-year increase, with stamp duty collections crossing ₹560 crore. This underscores the depth of end-user demand. While activity moderated after the festive peak earlier in the year, the market has remained resilient and well-balanced. With year-to-date registrations and revenues now at a new high in four years, Pune’s residential market remains stable with sustainable volumes, supported by broad-based demand across ticket sizes, apartment configurations, and micro-markets.”
The overall preference for home sizes has remained stable throughout the year. The share of units under 500 sq ft dipped marginally from 25% to 24%, while the 500 to 800 sq ft category remained steady at 46%. The share of homes above 800 sq ft also remained stable at 29%.
In November 2025, Central Pune, which includes Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC), maintained its lead in residential transactions, accounting for 66% of the market. West Pune, which includes Mawal, Mulshi, and Velhe, held the second-largest share at 15%, while North, South, and East Pune collectively contributed 18% of transactions during the same period.
Knight Frank India, a leading real estate consultancy, has been providing comprehensive insights into the Indian property market. Their reports and analyses help stakeholders make informed decisions in a dynamic market environment.