Pune Housing Report Reveals Premium Segment Surge

Pune’s residential property market continues to demonstrate robust demand despite a slowdown in new project launches, according to the latest Pune Housing Report 2025. The city recorded approximately 81,000 home sales last year, outpacing new supply, which stood at around 64,000 units. This 26% gap between demand and availability highlights both the city’s enduring housing appeal and the pressure on developers to match rising buyer expectations.

The report, compiled using actual IGR-registered sale deeds of newly sold homes, estimates Pune’s residential transactions at over ₹63,000 crore in 2025. This reflects a near 19% growth in unit sales and a 71% increase in transaction value since 2021, signalling a clear trend towards larger homes and higher-value properties. Experts suggest that this shift is indicative of evolving urban aspirations, where buyers are seeking more spacious residences and premium amenities within the city. Premium housing segments have emerged as a significant driver of growth. Over 14,000 units priced between ₹1 crore and ₹2 crore were sold in 2025, alongside more than 3,300 homes exceeding ₹2 crore. Compared with 2021, sales in the ₹1–2 crore segment have nearly quadrupled, while units above ₹2 crore have almost tripled. This trend reflects growing investor confidence and an increasing willingness among homebuyers to invest in quality, long-term housing assets.

Despite these gains, Pune remains one of India’s most affordable major urban markets. The city’s average home price of ₹78 lakh is markedly lower than other metros such as Mumbai (₹2.24 crore), Bengaluru (₹1.71 crore), and Hyderabad (₹1.98 crore), allowing a large proportion of buyers to access quality housing. Around 78% of homes sold were priced below ₹1 crore, although sales growth in the sub-₹50 lakh and sub-₹75 lakh categories moderated, indicating a gradual shift toward mid- and upper-tier housing. The report also notes evolving housing preferences. The share of 3- and 4-BHK units has grown from 20% to 29%, while 1-BHK sales declined from 18% to 11%, leading to a 17% increase in the average size of newly launched homes over five years. Supply-side constraints, including temporary delays in environmental approvals and project demarcations across Pune Municipal Corporation, PCMC, and adjoining areas, impacted new launches.

Pune continues to lead in regulatory transparency and developer confidence, consistently recording the highest number of MahaRERA-registered projects and agents nationally. Urban planners and industry analysts argue that such regulatory oversight, coupled with robust demand and premiumisation trends, positions Pune as a key growth hub for sustainable, inclusive, and economically resilient housing development in India.

Pune Housing Report Reveals Premium Segment Surge