Property registrations in Pune have seen a significant increase of 25% year-on-year. According to reports, homes in the price range of ₹50 lakh to ₹1 crore have secured the highest share of registrations.
This surge in property registrations indicates a growing demand for homes in Pune, with buyers showing particular interest in properties within the ₹50 lakh to ₹1 crore price bracket. The rise in registrations suggests a positive trend in the real estate market in Pune.
The data reflects a strong preference for homes within this price range, indicating that buyers are willing to invest in properties that fall within the ₹50 lakh to ₹1 crore range. This segment seems to be the most popular among homebuyers in Pune.
Overall, the increase in property registrations in Pune is a positive sign for the real estate sector in the city. It suggests that there is a healthy demand for homes in Pune, particularly in the mid-range price segment.