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Pune's residential property market evolved significantly in H1 2025, with rising demand for premium, spacious homes. The city recorded the highest average ticket size growth among Tier 1 cities, up 7% to INR 0.74 crore. Premium homes made up 45% of market value, while affordable units under INR 1 crore retained a 55% share. With over 45,000 units sold and nearly 39,000 launched, Pune balances aspiration with accessibility. Key growth areas include North West Pune and PCMC. Experts cite the city's lifestyle appeal, strategic location, and upcoming connectivity to Navi Mumbai Airport as driving momentum. Pune's housing story now blends inclusivity with premiumisation.
Pune's residential property sector has witnessed a structural evolution in the first half of 2025, with homebuyers increasingly opting for larger, well-equipped, and higher-value homes. Amidst strong national real estate demand, Pune has stood out by prioritising quality and aspirational living, setting itself apart as a forward-looking urban real estate destination. Advertisement
Despite pan-India residential sales revenue reaching INR 3.6 lakh crore during this period, Pune's average ticket size registered a 7% annual increase, touching INR 0.74 crore-the highest leap among Tier 1 cities. This growth reflects a clear change in homebuyer priorities, favouring lifestyle-rich and strategically located properties. Notably, premium homes accounted for 45% of the total market value, a significant milestone in the city's journey up the value chain.
Sales volume and launches indicated a balanced but quality-driven market approach. Units sold reached 45,474, while launches stood at 38,724. The affordable segment, comprising homes below INR 1 crore, still commanded 55% of the market by value, pointing to Pune's enduring inclusivity. Despite the shift to premium, accessibility remains a cornerstone of the city's housing narrative.
According to Manish Jain, President of CREDAI Pune, the city's long-standing legacy of steady growth is now being complemented by premiumisation. He remarked that Pune continues to be a leading choice among homebuyers, ranking strongly across residential, office, and warehousing demand. Its closeness to weekend retreats such as Mulshi, Mahabaleshwar, and Lonavala further boosts its appeal. CREDAI Pune, he noted, is proud to be at the forefront of promoting responsible, transparent growth.
CRE Matrix CEO, Abhishek Kiran Gupta, noted that Pune's residential market had already crossed the INR 32,000 crore mark in housing sales for the first half of 2025. He stated that units priced between INR 1 crore and INR 2 crore had become the new focus, indicating a marked preference for more spacious homes. North West Pune and PCMC were identified as key demand drivers. With the upcoming Navi Mumbai International Airport expected to bring Pune within two hours of enhanced connectivity, he observed that the city was well on its way to breaching one lakh unit sales annually.
Girish Kamble, CEO - West, Tribeca Developers, reflected on the city's evolving demand for high-quality housing. According to him Pune witnessed a double-digit price increase in 2024 and a consistent 40% appreciation over the last five years.
Pune's real estate narrative is not merely about price growth but about a considered transformation towards delivering future-ready housing. It continues to lead with a unique mix of aspiration and inclusivity, standing as a benchmark for other metros.
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