I am excited to release yet another path-breaking research by CRE Matrix in collaboration with CREDAI Pune, and the findings once again reaffirm one undeniable truth — Pune continues to outperform all expectations.
The city has emerged as the top-performing metro, showcasing a remarkable acceleration in residential demand. To put this into perspective, Pune recorded housing sales worth ₹36,000 crore in the entire year of 2021. Astonishingly, the city has already achieved ₹32,000 crore in sales in just the first half of 2025. What earlier took a full year is now being accomplished in six months — a clear indicator of deep-rooted demand and buyer confidence.
Units priced below ₹45 lakh continue to dominate in terms of volume, highlighting Pune’s strong end-user base. However, the most striking shift is in the ₹1–2 crore segment, which has witnessed the highest growth in value terms. This signals a clear evolution of Pune homebuyers — wealthier, aspirational, and increasingly inclined towards larger and better-quality homes. Regionally, North-West Pune and Pimpri-Chinchwad are powering the city’s housing momentum in 2025.
Zooming out to a national level, Tier 1 cities recorded a historic ₹3.6 lakh crore worth of primary housing sales in H1 CY’25. While overall unit volumes declined marginally, rising average ticket sizes — from ₹1.24 crore to ₹1.42 crore — reflect a decisive shift towards premium housing. NCR led revenue contribution, driven largely by luxury sales in Gurugram.
The warehousing sector tells an equally compelling story. Demand continues to outpace supply, pushing rentals up by 13% year-on-year. Pune and NCR together accounted for nearly half of India’s Grade A/A+ warehousing demand and supply, underlining their strategic importance. Manufacturing, 3PL, and automotive sectors remain the primary demand drivers.
The Pune real estate growth story has only just begun. I firmly believe the city will soon cross the 1 lakh annual housing unit sales milestone. The fundamentals are strong — and the future looks exceptionally promising.
Abhishek Kiran Gupta
CEO, CRE Matrix
abhishekkirangupta@crematrix.com
