How Did Pune’s Property Registrations Surge by 23% in September?
Click to start listening
Synopsis
Pune's real estate market is thriving with a 23% increase in property registrations this September. Discover the factors driving this growth and its impact on the local economy. Learn how the festive season played a crucial role in this surge and what it means for homebuyers in the region.
Key Takeaways
- Pune's property registrations increased by 23% YoY in September 2025.
- Stamp duty revenue reached Rs 523 crore.
- Property registrations rose by 2% MoM.
- The market shows signs of maturity and confidence among buyers.
- Central Pune dominates the market with 61% of transactions.
New Delhi, Oct 27 (NationPress) In September 2025, Pune’s real estate sector recorded a remarkable 13,557 property registrations, reflecting a 23% year-on-year (YoY) increase. This surge contributed Rs 523 crore to the stamp duty revenue, according to a report released on Monday.
The state’s exchequer also saw a 3% YoY growth in stamp duty revenue. Month-on-month (MoM), property registrations rose by 2% while stamp duty collections increased by 8%, indicating a steady demand for housing in the city, as highlighted in the report by real estate services firm Knight Frank India.
The timing of the festive calendar, with the Shraddh period and Navratri occurring earlier, played a significant role in this registration boost.
Year-to-date (YTD), Pune's property market has shown remarkable resilience, achieving the highest property registrations and stamp duty collections in the first nine months of the year over the past four years. Compared to the same timeframe last year, property registrations and stamp duty revenues have increased by 5% and 6% respectively.
The proportion of homes priced above Rs 1 crore saw a slight increase of 1% YoY, reaching 15% in September 2025, while properties priced at or below Rs 1 crore remained steady at 85%.
“The market is witnessing sustainable volumes, demonstrating a growing maturity and persistent confidence among homebuyers,” stated Shishir Baijal, Chairman and Managing Director of Knight Frank India.
Furthermore, the demand for larger homes exceeding 800 sq ft increased by 3% YoY, now comprising 29% in September. Conversely, the share of units under 500 sq ft declined by 4% to 31%, as per the report.
Central Pune, encompassing Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC), continued to dominate residential transactions, making up 61% of the market.
Point of View
Pune's property market demonstrates resilience and growth, indicating a significant recovery in real estate. The increase in registrations and stamp duty revenue reflects a broader trend in housing demand across major cities, making it critical for stakeholders to keep an eye on these developments.
NationPress
29/10/2025
Frequently Asked Questions
What is the percentage increase in property registrations in Pune for September 2025?
Pune saw a 23% year-on-year increase in property registrations for September 2025.
How much revenue did Pune generate in stamp duty from property registrations?
Pune's property registrations generated Rs 523 crore in stamp duty revenue.
What factors contributed to the rise in property registrations?
The early festive calendar, including Shraddh and Navratri, significantly contributed to the rise in property registrations.
What is the current market trend for homes priced above Rs 1 crore?
The share of homes priced above Rs 1 crore increased to 15% in September 2025.
Which area leads in residential transactions in Pune?
Central Pune, including Haveli Taluka, PMC, and PCMC, leads with 61% of the market in residential transactions.
