Pune's residential real estate recorded 11,930 registrations in May 2025, a 3% YoY decline, contrasting with strong YTD growth of 16%. Luxury housing gained traction (19% vs. 14% YoY) despite affordable homes dominating (81% market share). Central areas retained 75% control, while emerging suburbs saw rising demand for spacious post-pandemic homes.
Budget 2013 to Adversely Impact Luxury Housing Segment with Reduced Deduction Rate
Budget 2013 is anticipated to favor home buyers, with potential provisions for affordable housing. Realty players seek tax exemptions and lower interest rates.