High-end and luxury housing drive Pune's residential market growth in 2025
Pune's residential market achieved strong growth in 2025 with 43,795 unit launches, marking 5% YoY increase driven by high-end and luxury housing capturing 48% market share. NH4 Bypass (North) led supply activity with 48% of total launches, while weighted average capital values rose to ₹12,303.00 per sq. ft. in Q4 2025. The market demonstrates clear shift toward premium housing with infrastructure development and tech sector expansion supporting continued growth momentum.
*this image is generated using AI for illustrative purposes only.
Pune's residential real estate market maintained robust momentum throughout 2025, with developers launching nearly 44,000 housing units driven by surging demand for high-end and luxury homes. The performance reflects a clear market shift toward premium housing segments, supported by strong fundamentals and infrastructure development across key corridors.
Premium Housing Segment Leads Market Growth
The city recorded 43,795 residential unit launches in 2025, achieving 5% year-on-year growth according to Cushman & Wakefield's Q4 Residential MarketBeat report. The standout performance came from high-end and luxury housing segments, which experienced significant expansion during the year.
| Housing Segment | 2025 Market Share | YoY Change |
|---|---|---|
| High-end & Luxury | ~48% | +12% |
| Mid-segment | ~48% | Stable |
| Affordable Housing | ~4% | -10% |
This distribution indicates a clear market preference for larger homes with better amenities and lifestyle-focused developments. The mid-segment maintained stability with nearly 48% contribution, while affordable housing declined by over 10% year-on-year, highlighting the market's tilt toward higher ticket-size properties.
Strong Q4 Performance Across Segments
Pune's fourth quarter performance reinforced the year's positive trajectory, with 11,644 residential unit launches representing 8% quarter-on-quarter and 13% year-on-year growth. The quarterly distribution showed balanced contribution between mid-segment and premium categories.
| Quarter Metrics | Q4 2025 Performance |
|---|---|
| Total Unit Launches | 11,644 |
| QoQ Growth | +8% |
| YoY Growth | +13% |
| Mid-segment Share | ~43% |
| High-end & Luxury Share | ~47% |
Mid-segment and high-end projects concentrated primarily in North-East and NH4 Bypass (North) corridors, while luxury housing activity focused on Aundh–Baner, East, and South-East II sub-markets.
NH4 Bypass North Dominates Supply Activity
The NH4 Bypass (North) corridor established itself as the most dynamic sub-market, launching 4,109 units in Q4 2025 and maintaining leadership with 48% share of total 2025 launches. The area's success stems from strategic connectivity to the Hinjewadi employment hub and strong mix of mid and high-end projects.
Other significant contributors included:
- North-East corridor: 18% market share
- North Peripheral: 13% market share
- South-East II: 10% market share
Ongoing infrastructure developments, including Metro Line 3 (Hinjewadi–Shivajinagar) and the Pune Ring Road, have enhanced the appeal of North-East and North Peripheral zones, expanding the city's residential footprint.
Capital Values Rise on Premium Mix
Pune's weighted average capital value reached ₹12,303.00 per sq. ft. in Q4 2025, registering 11% quarter-on-quarter increase while remaining flat year-on-year. The quarterly uptick reflected the higher proportion of luxury and high-end launches in the overall supply composition.
Rental values demonstrated stability with sequential performance remaining unchanged, though recording 2-4% year-on-year growth supported by consistent demand from IT/ITeS workforce across employment hubs including Hinjewadi, Kharadi, and Nagar Road.
Market Outlook Remains Positive
Moinuddin Patel, Managing Director, Pune, Cushman & Wakefield, emphasized the market's resilience backed by strong fundamentals. The city's expanding tech sector continues driving job creation and premium housing demand in prime locations like Koregaon Park and Viman Nagar, alongside IT corridors such as Hinjewadi and Kharadi.
Key growth drivers include:
- Robust rental growth creating attractive yields for HNIs and NRIs
- Infrastructure upgrades improving connectivity in emerging micro-markets
- Manufacturing and logistics boom supporting mid-segment demand in Pimpri-Chinchwad
While mid-segment housing continues dominating volumes, the growing preference for lifestyle-oriented, amenity-rich homes positions premium and luxury segments as key growth engines for Pune's residential market.
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