Pune records 13,253 property registrations in August 2025: Report

According to Knight Frank India report, over 1, 44,000 properties were registered since January of 2025.

September 25, 2025: Knight Frank India, in its latest report, noted that Pune registered 13,253 property transactions in August 2025 generating Rs 485 crore in stamp duty revenue for the month. While the property registrations volumes recorded a modest 3% YoY decline, the stamp duty collections declined by 19% YoY in the same period.

 

Property registrations and Stamp duty collection

Year Month Total Registration Stamp Duty Collection

(INR Cr)

2024 August 13,645 599
2024 September 11,056 508
2024 October 20,894 751
2024 November 13,371 475
2024 December 17,348 620
2025 January 17,449  638
2025 February 19,025 713
2025 March 24,495 960
2025 April 14,421 547
2025 May 12,037 426
2025 June 16,792 643
2025 July 14,622 648
2025 August 13,253 485

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR)

Property registration and Stamp duty collection

Period Registrations (Units) Stamp duty collection (INR cr)
Aug-24 13,645  599
Aug-25 13,253  485
YoY Change -3% -19%

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR)

According to the Knight Frank India report, from a year-to-date (YTD) perspective (January – August) Pune’s property market remained stable, recording its best property registrations volumes and stamp duty collections for the first eight months of the year as compared to the past four years. Compared to the same period last year, property registrations rose by 13% while stamp duty collections saw a 15% increase.

 

Property registration and Stamp duty collection

Period (Jan-Jul) Registrations (Units) Revenue (INR cr)
2022 90,224 3,025 
2023 91,023 3,225 
2024 127,356 4,745 
2025 144,113 5,468 
YoY Change 13% 15%

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR)

Demand rises across segments in Aug 2025

 

The most significant growth was noted in the under Rs 25 lakh category which formed 30% of the total properties registered in August 2025, the report mentioned. With a total of 3,975 units registered costing up to Rs 25 lakh, the category saw a rise of 17% YoY over same time last year. In August 2024 the category recorded registrations of 3,411 units.

 

The share of homes priced above Rs 1 crore increased from 15% in August 2024 to 16% in August 2025, underscoring stronger appetite for premium housing. Meanwhile, properties priced up to Rs 1 crore eased from 85% to 84% over the same period. Even so, with this segment still making up most sales, demand remains firmly concentrated below the Rs 1 crore price point, suggesting that while the top end is expanding, the market’s foundation continues to be broad-based.

 

Share of ticket size for residential property transactions

Ticket size Share in Aug 2024 Share in Aug 2025
Under INR 25 lakhs   25% 30%
INR 25 – 50 lakhs   31% 27%
INR 50 lakhs – 1 Cr   29% 27%
INR 1 Cr – 2.5 Cr 13% 13%
INR 2.5 Cr – 5 Cr 2% 3%
Over 5 Cr <=1% <=1%

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR)

Shishir Baijal, chairman and managing director, Knight Frank India, stated, “While Pune’s property market reflected some moderation in registrations and revenues compared to the same period last year, the overall demand momentum remains mostly intact. The strength in affordable housing, alongside steady appetite for premium and larger homes, highlights the city’s diverse buyer base. The resilience seen in year-to-date volumes and revenues underscores the depth of demand in Pune’s housing market, even amid evolving market conditions.”

 

Higher demand for larger apartments sustains

 

The demand for larger homes has held steady, with the share of apartments above 800 sqft inching up from 32% in August 2024 to 33% a year later. At the same time, demand at the other end of the spectrum also strengthened, as units under 500 sqft grew from 22% to 27% over the same period, reflecting the momentum in the sub-Rs 25 lakh category.

 

Share of area for residential property transactions 

Area in sq ft Share in Aug 2024 Share in Aug 2025
Under 500 22% 27%
500-800 46% 40%
800-1000 15% 15%
1000- 2000 15% 15%
Over 2000 2% 3%

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR)

 

Central Pune contributed 76% of residential transactions in Aug 2025

 

In August 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 68% 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 home buyer preferences. West Pune, which includes Mawal, Mulshi, and Velhe, held the second-largest share at 17%, while North, South, and East Pune collectively contributed 15% of transactions during the same period.

 

Share of micro markets for residential property transactions

Micro market Share in Aug 2024 Share in Aug 2025
North  8% 8%
South 2% 4%
East  2% 3%
West  16% 17%
Central 72% 68%

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR

 

Micro Markets
Zone  Taluka
North  Junnar, Ambegaon, Khed
South Bhor, Purandhar, Baramati, Indapur
East  Shirur, Daund
West  Mawal, Mulshi, Velhe
Central Haveli, Pune city (Pune Municipal corporation (PMC) & Pimpri Chinchwad Municipal Corporation (PCMC))

 

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com
Was this article useful?
  • ? (0)
  • ? (0)
  • ? (0)

Recent Podcasts

  • Keeping it Real: Housing.com podcast Episode 84Keeping it Real: Housing.com podcast Episode 84
  • Keeping it Real: Housing.com podcast Episode 83Keeping it Real: Housing.com podcast Episode 83
  • Keeping it Real: Housing.com podcast Episode 82Keeping it Real: Housing.com podcast Episode 82
  • Keeping it Real: Housing.com podcast Episode 81Keeping it Real: Housing.com podcast Episode 81
  • Keeping it Real: Housing.com podcast Episode 80Keeping it Real: Housing.com podcast Episode 80
  • Keeping it Real: Housing.com podcast Episode 79Keeping it Real: Housing.com podcast Episode 79