With a 20 percent month-on-month (MoM) rise in residential property registrations in January, Pune real estate has started new year on a fairly good note.

According to a recent Knight Frank report, Pune recorded 14527 property registrations in January 2026, leading to revenue collections increasing by 37% over December 2025. 

Property registration and Stamp duty collection

Demand has shifted towards higher-value homes with properties priced up to INR 1 cr continuing to account for the majority of registrations, with their combined share moderated to 82% in January 2026. However, this distribution of ticket sizes indicates a shift towards higher-value homes. INR 50 lakh – 1 cr and INR 1 – 2.5 cr categories gained traction, with their shares rising to 29% and 14% respectively.

Share of ticket size for residential property transactions

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR) 

Shishir Baijal, International Partner, Chairman & Managing Director, Knight Frank India says that on a sequential basis, the sharp rebound in both registrations and collections signals renewed buying activity after the year-end slowdown. The shift toward mid and premium segments, along with steady demand for larger homes, indicates that end-user confidence remains intact even as volumes normalise from last year’s elevated base.

Pune saw sustained higher demand for larger apartments. The distribution of home sizes remained largely steady with minor shifts across segments. The share of units under 500 sq ft declined from 26% in January 2025 to 23%. The 500–800 sq ft category continued to dominate the market, inching up from 45% in January 2025 to 46% in January 2026. Homes with larger configurations saw a modest rise, with both the 800–1,000 sq ft and 1,000–2,000 sq ft segments increasing by one percentage point each to 14%. The share of homes above 2,000 sq ft remained stable at 3%. Overall, demand patterns indicate stability, with a slight inclination toward larger unit sizes.

Share of area for residential property transactions

Source: Knight Frank Research, Maharashtra Govt- Dept. of Registrations and Stamps (IGR)

Central Pune dominated residential transactions, accounting for 67% of the market. West Pune, held the second-largest share at 16%, while North, South, and East Pune collectively contributed 16% of transactions during the same period.