Pune’s real estate market recorded 1,85,657 property registrations in 2025, reflecting a 2.3 percent year-on-year decline compared to 1,90,025 registrations in 2024, according to data from the Inspector General of Registration and Controller of Stamps, Maharashtra. Despite lower transaction volumes, stamp duty collections rose marginally to ₹7,119 crore in 2025 from ₹7,098 crore a year earlier, marking the highest level in four years. December 2025 saw a sharper dip, with registrations falling 30 percent year-on-year and stamp duty collections declining 28 percent, largely due to a high base in December 2024.
Knight Frank India noted that the moderation points to a normalisation rather than weakening demand in the Pune housing market. Homes priced up to ₹1 crore continued to dominate with an 85 percent share, while properties above ₹1 crore held steady at 15 percent. The preference for home sizes remained stable, with 500 to 800 sq ft units accounting for 46 percent of sales, and homes above 800 sq ft inching up to 30 percent. Central Pune, including PMC, PCMC and Haveli Taluka, led transactions with a 67 percent share, followed by West Pune at 15 percent, while North, South and East Pune together contributed 18 percent of total registrations