Pune’s housing market showed steady momentum in November 2025, with higher registrations and strong stamp duty revenues nationwide.
Pune
Pune’s real estate market continued to demonstrate resilience and stability in November 2025, registering solid growth in both transaction volumes and revenue collections, according to a report released by real estate consultancy Knight Frank on Friday. The city recorded 14,234 property registrations during the month, reflecting a year-on-year increase of 6 per cent. Stamp duty collections stood at Rs 565 crore, underscoring the sustained demand for residential properties despite moderation following the festive season peak.
The report highlighted a sharper rise in revenue collections compared to registrations, with stamp duty revenues increasing by 19 per cent year-on-year in November. On a month-on-month basis, property registrations rose by 12 per cent, while stamp duty collections grew by 7 per cent, indicating continued buyer activity and stable pricing dynamics. This performance further reinforced Pune’s position as one of India’s more balanced and resilient residential markets.
On a year-to-date basis from January to November 2025, Pune achieved its highest property registrations and stamp duty collections in the past four years. During this eleven-month period, the city recorded a total of 1,73,578 registrations, generating revenue of Rs 6,675 crore. Compared to the same period last year, registrations and stamp duty collections were up by 0.5 per cent and 3 per cent, respectively, reflecting steady long-term growth.
The distribution of ticket sizes remained largely unchanged, pointing to consistent buyer preferences. Homes priced up to Rs 1 crore continued to dominate the market, accounting for 85 per cent of all transactions, while properties priced above Rs 1 crore contributed the remaining 15 per cent. In November alone, properties priced under Rs 25 lakh made up 27 per cent of transactions.