Pune Registers Over 14,500 Properties in January 2026, Collects Rs 609 Crore in Stamp Duty
Pune, 19th February 2026: Knight Frank India's latest assessment reveals that Pune registered 14,527 property transactions in January 2026, generating over Rs 609 crore in stamp duty revenue for the state. While there was a 17% year-on-year (YoY) decline in registrations compared to January 2025, the city saw a sequential improvement with a 20% month-on-month (MoM) increase in property registrations and a 37% rise in revenue collections over December 2025.
The data from Knight Frank Research and the Maharashtra Government's Department of Registrations and Stamps (IGR) shows a detailed breakdown of the property registration and stamp duty collection trends. In January 2025, Pune recorded 17,449 property registrations with a stamp duty collection of Rs 638 crore. By January 2026, the numbers dropped to 14,537 registrations and Rs 609 crore in stamp duty, reflecting a YoY decline of 17% in registrations and 5% in collections.
Properties priced up to Rs 1 crore continued to dominate the market, accounting for 82% of all registrations in January 2026. However, there was a notable shift towards higher-value homes, with the INR 50 lakh to 1 crore and INR 1 to 2.5 crore categories gaining traction. Their shares rose to 29% and 14%, respectively, indicating a growing interest in mid and premium segments.
The distribution of home sizes in January 2026 remained largely stable, with minor shifts across segments. The share of units under 500 square feet declined from 26% in January 2025 to 23%. The 500 to 800 square feet category continued to dominate, increasing slightly from 45% to 46%. Larger configurations, such as the 800 to 1,000 square feet and 1,000 to 2,000 square feet segments, also saw a modest rise, each gaining one percentage point to 14%. The share of homes above 2,000 square feet remained steady at 3%.
Central Pune, which includes Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC), maintained its leading position in residential transactions, accounting for 67% of the market in January 2026. West Pune, comprising Mawal, Mulshi, and Velhe, held the second-largest share at 16%, while North, South, and East Pune collectively contributed 16% of transactions.
Shishir Baijal, International Partner, Chairman & Managing Director of Knight Frank India, commented, 'Pune’s residential market has started 2026 on a measured note, with over 14,500 property registrations and Rs 609 crore in stamp duty collections in January. While registrations moderated YoY, the relatively lower decline in revenue reflects continued momentum in higher ticket-size transactions. On a sequential basis, the sharp rebound in both registrations and collections signals renewed buying activity after the year-end slowdown. The shift toward mid and premium segments, along with steady demand for larger homes, indicates that end-user confidence remains intact even as volumes normalize from last year’s elevated base.'
