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PUNE: In January 2026, Pune saw 14,527 property registrations, yielding ₹609 crore in stamp duty, according to a Knight Frank India report. Although registrations dipped by 17% year-on-year compared to January 2025, stamp duty collections experienced a slower decline of 5%, indicating sustained activity in higher-value transactions.
On a month-to-month basis, the city rebounded from the year-end dip, with registrations increasing by 20% and stamp duty collections rising by 37% compared to December 2025, the report highlighted.
Properties priced below ₹1 crore remained prevalent, though their market share edged down to 82% in January 2026, suggesting a gradual shift toward more expensive homes. The ₹50 lakh–₹1 crore segment held 29% of registrations, and the ₹1 crore–₹2.5 crore segment climbed to 14%.
Shishir Baijal, international partner, chairman, and managing director, noted that Pune’s residential market commenced 2026 on a “measured note”, with reduced revenue decline relative to registrations indicating a strength in mid and premium market segments.
The distribution of home sizes showed minor fluctuations, leaning towards larger units. The portion of homes under 500 sq. ft. dropped to 23% from 26% a year earlier, while the 500–800 sq. ft. range continued to lead at 46%. The 800–1,000 sq. ft. and 1,000–2,000 sq. ft. categories each gained a percentage point to 14%, while homes larger than 2,000 sq. ft. held steady at 3%.
Central Pune, which includes Haveli Taluka, Pune Municipal Corporation (PMC), and Pimpri Chinchwad Municipal Corporation (PCMC), accounted for 67% of residential transactions in January 2026. West Pune contributed 16%, with North, South, and East Pune collectively making up the remaining 16%, according to the report.
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