Pune Property Sales Jump 16% in H1 2025, Stamp Duty Collections Hit Record ₹4,328 Cr

Pune’s real estate market continued its strong momentum in H1 2025, with 116,043 property sales registrations—marking a 16% year-on-year (YoY) increase. Stamp duty collections also surged 19% YoY to ₹4,328 crore, making it the city’s highest half-yearly revenue collection since 2013.

The first half of 2025 also saw Pune cross the 100,000 sales milestone faster than ever before. In June alone, 16,597 properties were registered—up 13% YoY—with stamp duty collections rising to ₹637 crore, reflecting a 17% YoY growth.

Demand rises across segments in June 2025

The share of homes priced above INR 1 crore (cr) rose from 15% in June 2024 to 21% in June 2025, highlighting the growing interest in premium housing. However, with properties priced up to INR 1 cr still accounted for the overwhelming majority at 79% indicating that the market is expanding at the premium end, while staying broad-based at its core.

Shishir Baijal, Chairman & Managing Director, Knight Frank India, stated, “Crossing the 100,000 mark in property registrations in just six months reflects the strong momentum in Pune’s property market. In June 2025 alone, registrations rose 13% YoY to 16,597 units, while stamp duty collections increased by 17% to INR 637 crore. With a total of 116,043 registrations and revenue of INR 4,328 crore in H1 2025, this has been the city’s best half-yearly performance since 2022 clearly pointing to sustained end-user demand and growing buyer confidence.”

Higher demand for larger apartments sustains

Demand for larger apartments stayed strong, with units over 800 sq ft making up 34% of registrations in June 2025, up from 31% a year ago. This trend underscores the continued preference for spacious homes in the post-pandemic era.

Central Pune contributed 76% of residential transactions in June 2025

In June 2025, Central Pune which includes Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC), maintained its lead in residential transactions, accounting for 76% of the market. However, this represented a slight decline from the previous year as emerging developments in other parts of the city catered to evolving homebuyer preferences. West Pune, which includes Mawal, Mulshi, and Velhe, held the second-largest share at 15%, while North, South, and East Pune collectively contributed 9% of transactions during the same period.