Pune property registration soars to 1.52 lakh homes in 2023
The state government's stamp duty collections for 2023 stood at ₹5352 crore; the share of properties valued over ₹1 crore also increased
Stay updated with breaking news from Central Pune. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The state government's stamp duty collections for 2023 stood at ₹5352 crore; the share of properties valued over ₹1 crore also increased
In November 2023, there was a strong demand for apartments within the range of 500 to 800 sq ft, constituting a substantial 45% share.
Pune's property registrations increased by 6.7% in November, reaching 14,607 units and a combined value of Rs 13,342 crores. The city recorded a 9.2% growth in registrations compared to 125,702 registrations in the same period last year. Stamp duty collections also increased by 10%, reaching Rs 4,779 crores in November.
Pune Property Market: Stamp duty collections for October 2023 also showed substantial growth, rising by an impressive 11% year-on-year, totaling Rs 495 crores.
Pune property registrations: Since January 2023, more than 122,610 properties have been registered and the stamp duty collections for the first 10 months of 2023 reached Rs 4,300 crore, according to the Knight Frank India data