Pune’s Residential Market Records Launch of 44,000 Units in 2025, Posting 5percent YoY Growth Driven by High-End & Luxury Segment: Cushman & Wakefield
Pune, Jan 06: Pune’s residential real estate market sustained its upward trajectory in 2025 with the launch of 43,795 units, marking a 5% year-on-year (YoY) increase, according to Cushman & Wakefield’s Q4 Residential Market Beat report. The growth was led by the high-end and luxury segment, which saw its share rise by approximately 12% YoY, accounting for nearly 48% of the total launches. This trend underscores a growing preference for lifestyle-driven choices among homebuyers.
The mid-segment remained stable YoY, also accounting for 48% of new launches, while the affordable segment witnessed a sharp decline of over 10% on a yearly basis.
MID AND HIGH-END UNITS DRIVE Q4 LAUNCH ACTIVITY
The city recorded 11,644 residential unit launches in Q4 2025, marking an ~8% QOQ increase and a 13% YOY rise. The mid-segment activity accounted for ~43%, followed by the high-end & luxury segment contributing ~47% of Q4 launches. Mid-segment and high-end launches were largely concentrated in the North-East and NH4 Bypass (North) corridors, while luxury launches were primarily driven by Aundh–Baner, East, and South-East II sub-markets.
NH-4 BYPASS (NORTH) SAW HIGHEST SHARE OF LAUNCHES
The NH4 Bypass (North) sub-market led Q4 2025 with 4,109 residential unit launches, retaining its dominance in quarterly launches and accounting for a 48% share of total launches of 2025. The launch activity in the submarket was driven by strong mix of high-end as well as mid-segment projects, supported by strategic connectivity to the Hinjewadi employment hub. The North-East sub-market followed with a ~18% market share, while North Peripheral (~13%) and South-East II (~10%) also recorded healthy additions. Overall, the expanding residential footprint was supported by the on-going projects such as metro Line 3 (Hinjewadi-Shivajinagar), and Pune Ring Road. This has increased the attractiveness of the North-East and North Peripheral corridors.
WEIGHTED AVERAGE CAPITAL VALUE RECORD NOTABLE INCREASE
The weighted average capital value stood at INR 12,303 per sq. ft. in this quarter, registering an ~11% QOQ increase, while remaining largely unchanged on a YOY basis. The increase in weighted average capital values was supported by a higher proportion of luxury & high-end launches. Meanwhile, rental values remained stable on QOQ basis and increased by 2–4% on a YOY basis, driven by sustained demand from the IT/ITeS workforce across key employment hubs like Hinjewadi, Kharadi, and Nagar Road.
Moinuddin Patel, Managing Director, Pune, Cushman & Wakefield, said, “Pune’s residential market continues to showcase resilience and dynamism, supported by strong fundamentals. The city’s tech sector expansion is fuelling job creation and driving demand for premium homes across prime locations like Koregaon Park and Viman Nagar and IT corridors such as Hinjewadi and Kharadi.
Robust rental growth has made yields attractive for HNIs and NRIs. Infrastructure upgrades, including the ongoing metro expansion and the planned Pune ring road, are set to enhance connectivity in emerging micro-markets. Additionally, the manufacturing and logistics boom is boosting mid-segment housing in areas like Pimpri-Chinchwad. These factors are positioning Pune as an emerging luxury destination, attracting professionals, entrepreneurs and investors seeking spacious, amenity-rich homes. While mid-segment housing dominates volumes, the growing preference for lifestyle-led choices will keep premium housing as a key growth engine in the years ahead.”