Pune: A Home Sold Every Six Minutes As The City Continues To Set The Benchmark For Residential Real Estate
Pune, 13th July 2026: Pune has once again emerged as India’s undisputed housing capital, widening its lead over every major residential market in the country. According to the latest Pune Housing Report – July 2026, jointly released by CREDAI Pune and CRE Matrix, the city recorded 44,265 registered home sales worth ₹37,048 crore during the first half of 2026. Based on official registration data from the Inspector General of Registration (IGR), Maharashtra, the report highlights Pune’s sustained market leadership, backed by strong end-user demand, a robust employment ecosystem and evolving homebuyer aspirations.
Pune’s leadership extends well beyond the latest half-yearly figures. Between CY2021 and CY2025, the city recorded 4.28 lakh registered home sales—the highest among all major Indian cities. Pune sold 37% more homes than second-placed Hyderabad during this period and even surpassed the combined residential sales of Mumbai and Chennai. On average, one home was sold every six minutes, underscoring the city’s sustained demand and reinforcing its position as India’s leading residential real estate market.
The report attributes Pune’s remarkable performance to genuine end-user demand supported by a strong economic foundation. Continued expansion of the IT sector, Global Capability Centres (GCCs), automotive manufacturing and allied industries has fuelled employment growth, attracting professionals from across the country and creating sustained demand for housing.
Pune’s residential market is also witnessing a steady rise in home values. The average value of a home sold has reached ₹84 lakh, registering a 38% increase since H1 2022, while the overall value of residential transactions has grown by 42% over the same period. Average prices per square foot have also increased by 20%, reflecting healthy appreciation driven by genuine housing demand.
Reflecting changing buyer preferences, 26% of homes sold during H1 2026 were priced above ₹1 crore, signalling a steady shift towards premium housing. At the same time, Pune has retained its position as one of India’s most affordable metropolitan housing markets, with nearly 74% of homes sold continuing to be priced below ₹1 crore. The ₹50 lakh to ₹1 crore segment remains the city’s largest and most active housing category, demonstrating Pune’s unique ability to balance affordability with premiumisation.
Key Highlights
● 44,265 homes worth ₹37,048 crore sold during H1 2026.
● Pune sold 37% more homes than Hyderabad between CY2021 and CY2025.
● 4.28 lakh homes sold over the last five years—the highest among all Indian cities.
● One home sold every six minutes over the past five years.
● Average home value reached ₹84 lakh, up 38% since H1 2022.
● The value of residential transactions increased by 42% over four years.
● 26% of homes sold were priced above ₹1 crore, highlighting growing demand for premium housing.
● Nearly 74% of homes sold remained below ₹1 crore, reinforcing Pune’s affordability.
● North East Pune recorded the highest growth in average home values at 54% since 2022.
Manish Jain, President, CREDAI Pune, said, “Pune’s housing market continues to reflect the confidence of genuine homebuyers. The average home value has risen to ₹84 lakh, while strong growth in premium housing indicates that buyers are increasingly upgrading their lifestyles. At the same time, the ₹50 lakh to ₹1 crore segment continues to be the city’s strongest, reinforcing Pune’s unique balance of aspiration and affordability. Backed by the continued growth of the IT sector, GCCs and the automotive industry, Pune’s residential market remains resilient, future-ready and well-positioned for sustained growth.”
Abhishek Kiran Gupta, CEO, CRE Matrix, said, “While overall housing sales have moderated from the exceptional highs of the past three years, the softening has largely been confined to the lower and mid-income segments. Premium and luxury housing continue to witness sustained growth, reflecting Pune’s steady transition towards higher-value residential living. This is evident in the 42% increase in the value of homes sold over the last four years, highlighting the city’s economic maturity and the rising purchasing power of its homebuyers.”
The report also highlights strong performance across Pune’s residential micro-markets. The North East corridor, comprising Kharadi, Wagholi and surrounding areas, recorded the highest growth in average home values at 54% since 2022, driven by continued expansion of the city’s IT ecosystem. Meanwhile, the South West region witnessed the highest appreciation in price per square foot, reflecting the broad-based strength of Pune’s residential market.
With sustained employment generation, expanding infrastructure, enduring affordability and rising demand for premium homes, Pune continues to set the benchmark for residential real estate in India, reinforcing its position as the country’s housing capital.
About CREDAI Pune: Founded in 1982, CREDAI-Pune (previously known as CREDAI Pune-Metro) is an association representing over 2000 members inclusive of MahaRera developers in Pune. The organization supports the real estate sector through policy advocacy, training, workshops, and seminars, enabling its members to stay informed about industry trends and regulatory updates.
