On the supply side, new launches increased to 98,472 units, pushing the replacement ratio to 1.09 and leading to a rise in inventory.
Pune’s residential real estate market remained stable in 2025 but is entering a more sensitive phase where pricing discipline and supply timing will be critical, according to the January 2026 edition of the Gera Pune Residential Realty Report released by Gera Developments Private Limited.
Now in its 15th year, the bi-annual, census based report tracks over 1,900 active residential projects and nearly 2.9 lakh homes under development, offering a comprehensive data-driven snapshot of the city’s housing market for the 12 months ended December 2025.
The report shows that average residential prices rose sharply by 11.8 per cent year-on-year to ₹7,367 per sq ft, the steepest annual increase in the last five years. Despite higher prices, housing sales remained largely stable at around 90,591 units, only marginally lower than the previous year. This stability was supported by a drop of nearly 125 basis points in interest rates, which improved affordability by close to 9 per cent and partially offset higher ticket sizes.
Increased new launches On the supply side, new launches increased to 98,472 units, pushing the replacement ratio to 1.09 and leading to a rise in inventory. Unsold inventory now stands at 81
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