CREDAI Pune Metro - CRE MATRIX – Pune Housing Report - FEB'25

Pune Housing Report – February 2025 The Pune Housing Report – February 2025 presents a comprehensive analysis of Pune’s dynamic real estate landscape, cementing its position as India's highest-selling housing market. Over the past five years, Pune has witnessed an extraordinary 56% growth in housing sales volume, with the total sales value doubling from ₹30,000 crores in 2019 to ₹65,000 crores in 2024. This remarkable growth highlights the city's increasing demand for residential properties, driven by rising incomes, larger home preferences, and robust infrastructure development. One of the most significant trends observed is the surge in premium housing demand, with a 5X increase in homes priced above ₹1 crore. This shift indicates Pune’s evolution into a more affluent city, where buyers are investing in larger, high-value homes. Despite this trend, affordability remains a key factor, with units priced below ₹45 lakh continuing to be the largest contributor in terms of sales volume. The report provides detailed insights into Pune's regional performance, with North-West Pune and Pimpri-Chinchwad emerging as the top-performing markets in 2024. Additionally, South-West Pune recorded the highest growth in average home prices, while Pune Central saw steady expansion in high-value housing. The report also includes micro-market mapping, showcasing high-growth localities and investment hotspots. Backed by data from CRE Matrix Research, this report is a valuable resource for developers, investors, and homebuyers seeking in-depth market intelligence. It offers strategic insights into pricing trends, demand patterns, and the future trajectory of Pune’s housing sector. With projections suggesting that Pune will soon breach 1 lakh housing unit sales annually, the city's real estate market is poised for continued expansion and investment opportunities. Whether you are looking to invest, develop, or buy, the Pune Housing Report – February 2025 serves as an essential guide to understanding Pune’s thriving residential market.