Pune property registrations rise 6% in November 2025; stamp duty collections hit ₹565 cr: Knight Frank

Pune’s real estate market recorded 14,234 property registrations in November 2025, a growth of 6% YoY, with stamp duty collections touching ₹565 crore, according to a latest report by Knight Frank India. The data shows the city’s revenue collections increased 19% YoY in the same period. On a month-on-month (MoM) basis, registrations were up 12% while stamp duty collections observed a 7% growth.

Despite a rise on MoM basis, Pune’s property market grew moderately on a year-to-date (YTD) basis, achieving the highest property registrations and stamp duty collections for the first eleven months of the year in the past four years.

The distribution of ticket sizes in November 2024 and November 2025 remained largely unchanged. Homes priced up to ₹1 crore continued to dominate with an 85% share, reflecting steady demand at the mid and affordable end. Segments above ₹1 crore hold their ground at 15%.

“Pune’s housing market has continued to show steady momentum through 2025. November recorded over 14,200 registrations, a 6% year-on-year increase, with stamp duty collections crossing INR 560 crore, underlining the depth of end-user demand. While activity moderated after the festive peak earlier in the year, the market has remained resilient and well-balanced. With year-to-date registrations and revenues now at a new in four years, Pune residential remains stable with sustainable volumes, supported by broad-based demand across ticket sizes, apartment configurations, and micro-markets,” said Shishir Baijal, Chairman & MD, Knight Frank India.

The overall preference for home sizes has remained stable throughout the year. Share of units under 500 sq ft dipped marginally from 25% to 24%, while the 500 to 800 sq ft category remained steady at 46%. Share of homes above 800 sq ft remained stable at 29%.

In November 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 66% of the market. West Pune, which includes Mawal, Mulshi, and Velhe, held the second-largest share at 15%, while North, South, and East Pune collectively contributed 18% of transactions during the same period.