Pune’s real estate sector closed 2025 with stamp duty revenues exceeding ₹7,100 crore, the highest in four years. Despite a 2.3% decline in property registrations, higher-value transactions and steady end‑user demand supported revenue growth, reflecting the market’s underlying resilience and continued preference for mid‑segment housing.
Pune Real Estate Market Shows Strong Revenue Despite Registration Dip
Pune’s property market demonstrated notable stability in 2025. Official data shows that property registrations fell slightly to 185,657 units, down from 190,025 in 2024. However, stamp duty collections rose to approximately ₹7,119 crore, marking a marginal year‑on‑year increase and the strongest revenue performance since 2021.
Analysts attribute this resilience to sustained demand for mid‑segment homes, with properties priced up to ₹1 crore accounting for the majority of transactions. Higher‑value deals also played a key role in offsetting the dip in overall volumes, reinforcing Pune’s position as one of India’s most robust housing markets.
Key Highlights / Major Takeaways
• Stamp duty collections reached ₹7,119 crore, a 0.3% year‑on‑year rise.
• Property registrations declined by 2.3% to 185,657 units.
• Highest stamp duty revenue in four years, supported by premium‑value transactions.
• Homes priced up to ₹1 crore continued to dominate demand with an 85% share.
• Market experts describe the trend as normalization rather than slowdown.
Sources: Hindustan Times Real Estate, Square Feat India, Knight Frank India, Housing.com News