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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Pune records over 19,000 property registrations, Rs 712 cr stamp duty revenue in February
real estate market recorded 19,012 property registrations during the month of February 2025. On a yearly basis, registrations remained steady, with a modest 1% year-on-year growth while on a month-on-month analysis registrations increased by 9%, showed data from the Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra.
Pune’s housing demand continues to be supported by ongoing infrastructure development, its relative affordability compared to other major cities, and strong homebuyer sentiment.
The city generated over Rs 712 crores in stamp duty collections from property registrations in February, marking a 7.6% on-year and 12% sequential rise. This increase in stamp duty revenue was driven by a higher share of transactions involving properties priced at Rs 1 crore and above.
The demand for homes priced above Rs 1 crore and above has witnessed a significant rise, with this segment's share increasing from 14% in February 2024 to 16% in February 2025, according to the data analysis by Knight Frank India. This shift highlights the growing preference for premium housing in Pune’s real estate market.
“The growing demand for high-value homes, particularly those priced above Rs 1 crore, highlights strong buyer confidence in the premium segment. Larger homes continue to attract interest, driven by evolving lifestyle preferences and affordability, supported by ongoing infrastructure upgrades. These trends reinforce Pune’s position as a resilient and attractive destination for homebuyers,” said
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Even at $5 trillion, Nvidia is underappreciated
Subscribe to enjoy similar stories.Nvidia is no longer the only AI chip game in town. But it is the largest by far, and the likelihood that it will be that way for the foreseeable future should count for something.It hasn’t counted for much lately.
21.05 / 10:17
markets
Digital
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RK Swamy bets on integrated advertising model as global agency giants split media and creative
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21.05 / 09:47
markets
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UPS
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