Pune's average housing price reached a record Rs 6,590 per sq ft in 2024, up 11% despite sales dropping 5%.

Pune's average housing price hit a record Rs 6,590 per square foot in 2024, up 11% annually, despite a 5% drop in sales to 90,127 units. New launches fell to 91,400 units. The market has seen a 40% price hike over five years, driven by demand for larger homes and higher raw material costs. Pune's corporate growth and infrastructure improvements also influenced home-buying decisions.

3 months ago
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