Property Registrations in Pune Fall 17 percent Year-on-Year in January 2026

Property registrations in Pune declined sharply in January 2026, reflecting a slower start to the year for the city’s housing market. According to data released by the Inspector General of Registration and Controller of Stamps, Maharashtra, property sales in Pune in January 2026 stood at 14,527 units, marking a 17% drop from the 17,449 registrations recorded in January 2025.

Stamp duty collections also dipped on a yearly basis. Revenue stood at ₹609 crore in January 2026, down 5% from ₹638 crore during the same period last year. The fall in registrations suggests cautious buyer sentiment at the start of the year, despite stable demand fundamentals.

However, the monthly trend presents a more positive outlook. Compared to December 2025, activity improved significantly. In December, the market saw 12,079 property registrations and ₹444 crore in stamp duty collections. The January rise indicates renewed buyer activity after the year-end slowdown. A recent assessment by Knight Frank India noted that the market remains steady, with demand gradually shifting toward higher-value homes.

Homes priced up to ₹1 crore continued to dominate registrations, accounting for 82% of total transactions. Yet there are signs of movement in the mid-range segment. Properties priced between ₹50 lakh and ₹1 crore made up 29% of registrations, while homes in the ₹1 crore to ₹2.5 crore range accounted for 14%. This shift suggests that more buyers are considering bigger budgets and upgraded living spaces.

Demand for larger apartments also showed a mild increase. Units under 500 square feet saw their share fall from 26% last year to 23 percent in January 2026. Meanwhile, the 500- to 800-square-foot segment remained the most popular, rising slightly to 46%. The 800 to 1,000 square feet and 1,000 to 2,000 square feet categories both edged up to 14% each. Homes above 2,000 square feet held steady at 3%.

Regionally, Central Pune, covering Haveli Taluka, Pune Municipal Corporation, and Pimpri Chinchwad Municipal Corporation, led the market with 67% of total registrations. West Pune followed with 16%, while North, South, and East Pune together accounted for the remaining 16%.

Overall, while yearly numbers of property registrations in Pune show a slowdown, steady demand and growing interest in larger homes signal underlying stability in Pune’s housing market.