Pune's Real Estate Market Witnesses 23% Increase in Property Deals This September
Pune's real estate market has seen a significant surge, with 13,557 property transactions recorded in September 2025, marking a 23% increase compared to the same month last year. The festive season and favorable market conditions are driving this growth.
Pune Real EstateProperty TransactionsAffordable HousingStamp DutyFestive SeasonReal Estate MaharashtraOct 29, 2025
According to the latest report by Knight Frank India, which covers Pune, Pimpri-Chinchwad, and nearby areas, the government collected ₹523 crore in stamp duty from these transactions. In September 2024, 11,056 property deals had generated ₹508 crore in stamp duty revenue.
The spike this year is attributed to the earlier occurrence of Pitru Paksha, traditionally considered inauspicious for new purchases. Last year, Pitru Paksha fell between September 17 and October 2, delaying festive buying. This year, it was observed earlier — from September 7 to 21 — followed immediately by the Navratri festival (September 22 to October 2). As a result, festive home purchases began in September itself, driving up transaction numbers.
Between January and September 2025, Pune registered 1,45,651 property transactions, compared to 1,38,412 during the same period last year — a 5% increase. Stamp duty collections during the first nine months of 2025 stood at ₹5,583 crore, up 6% from ₹5,253 crore last year.
Affordable Homes Continue to Lead Market Demand
Affordable housing remains the backbone of Pune’s property market. The Knight Frank report highlights that 59% of all property transactions in September were for homes priced up to ₹50 lakh. Of these, 30% were for properties below ₹25 lakh, and 29% for homes in the ₹25–50 lakh range.
Meanwhile, 16% of deals were for homes priced between ₹50 lakh and ₹1 crore, 12% for homes in the ₹1–2.5 crore bracket, 2% for those priced between ₹2.5–5 crore, and less than 1% for luxury properties above ₹5 crore.
Experts say the festive sentiment, coupled with steady demand for affordable homes and attractive home loan offers, has kept Pune’s housing market buoyant.
Frequently Asked Questions
What is the main reason for the increase in property transactions in Pune?
The main reason for the increase in property transactions in Pune is the earlier occurrence of Pitru Paksha, which allowed festive home purchases to begin in September, coupled with steady demand for affordable homes and attractive home loan offers.
How much stamp duty was collected in September 2025?
In September 2025, the government collected ₹523 crore in stamp duty from property transactions in Pune.
What is the percentage increase in property transactions from September 2024 to September 2025?
The percentage increase in property transactions from September 2024 to September 2025 is 23%.
What is the most popular price range for homes in Pune's real estate market?
The most popular price range for homes in Pune's real estate market is up to ₹50 lakh, with 59% of all property transactions falling into this category.
What is the total number of property transactions recorded in Pune between January and September 2025?
The total number of property transactions recorded in Pune between January and September 2025 is 1,45,651.
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