In January 2026, Pune recorded a total of 14,527 property registrations, resulting in a stamp duty revenue of ₹609 crore, as reported by Knight Frank India. Although there was a 17% decline in registrations year-on-year (YoY) compared to January 2025, the decrease in stamp duty collections was more moderate at 5%, indicating sustained interest in higher-value transactions.
On a month-to-month basis, the city experienced a recovery following the slowdown at the end of the previous year, with registrations increasing by 20% month-on-month (MoM) and stamp duty collections surging by 37% compared to December 2025, according to the report. Properties priced up to ₹1 crore continued to lead in registrations, although their overall share decreased to 82% in January 2026, suggesting a gradual transition towards higher-value acquisitions.
The segment of properties priced between ₹50 lakh and ₹1 crore represented 29% of registrations, while homes valued between ₹1 crore and ₹2.5 crore saw their share increase to 14%. Shishir Baijal, the international partner, chairman, and managing director of the firm, noted that Pune’s residential market commenced 2026 on a “measured note,” with the smaller revenue decline relative to registrations indicating a stronger performance in mid and premium ticket transactions.
The distribution of home sizes remained relatively stable, with a slight inclination towards larger apartments. The proportion of units measuring under 500 sq ft fell to 23% from 26% a year earlier, while the 500–800 sq ft category maintained its lead with a 46% share. Homes in the 800–1,000 sq ft and 1,000–2,000 sq ft categories each increased by one percentage point to 14%, whereas units exceeding 2,000 sq ft remained unchanged 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%, while North, South, and East Pune collectively represented the remaining 16%, as stated in the report.
