2024 Pune property registrations dropped 33% in September due to Shraddh period, but overall rose 29% by September, boosting luxury segment.

In September 2024, property registrations in Pune fell 33% to 11,056 units due to the Shraddh period, a time typically avoided for major purchases. Stamp duty collections reached Rs 508 crore. However, from January to September 2024, registrations rose 29% year-on-year to 1,38,412, with stamp duty collections up 38% to Rs 5,253 crore, indicating strong growth in the real estate market, especially in the luxury segment.

October 19, 2024
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