Blog Details

Home  /  Blog Details

blog image

Pune sees 11% drop in property registration during Nov 2024

Dec 15, 2024

Registration of properties in Pune fell 11 per cent year-on-year in November to 13,371 units despite strong demand, according to Knight Frank India.

In a statement on Saturday, real estate consultant Knight Frank India said Pune recorded 13,371 property registrations in November 2024, generating Rs 475 crore in revenue for the state exchequer.

As many as 14,988 units were registered in November last year.

Registration of properties fell 36 per cent in November compared to 20,894 units in October this year.

Knight Frank India Chairman and Managing Director Shishir Baijal said, "Pune's property market continues to exhibit steady registrations, adapting to evolving buyer preferences and market conditions".