Pune real estate sales rebound to pre-COVID levels with 3.4% price increase, driven by high-end segment demand. Inventory is at a six-year low.
Mumbai's residential market faces potential price correction in 2014 due to high unsold inventory and low absorption rates, shifting the market in favor of buyers.
Pune real estate has seen significant price growth since 2011, but sales have recently slowed. It remains more affordable than Mumbai and NCR, supporting its market.
The real estate market sees a surge in demand for 2BHK apartments, mainly driven by middle-income, nuclear families and first-time buyers.