Pune's residential sector is witnessing a significant surge, with property registrations crossing 1 lakh units in July 2024. This growth is driven by increasing demand for mid-range and luxury properties.
Pune Real EstateProperty RegistrationsMaharashtra GovernmentKnight Frank IndiaResidential SectorReal Estate MaharashtraAug 14, 2024
Pune's residential sector is flourishing, with property sale registrations showing an impressive 45% increase compared to the same period last year.
The growth in Pune's housing market is driven by increasing demand for mid-range and luxury properties.
Central Pune accounted for 79% of total residential transactions in July 2024.
The share of apartments from 800 sqft and above saw a growth of 7% in July 2024 from 24% in July 2023 to 31% in July 2024.
Pune's residential sector is flourishing, signalling an exciting future in real estate.
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