Tag: Pune property registration nearly doubles in August

In a recent analysis, Knight Frank India reported a surge in property registrations within Pune district in August 2023. A total of 13,021 units were registered in August 2023, up 99 per cent year-on-year on the 6,544 registrations recorded in August 2022.Additionally, stamp duty collection in August 2023 grew 82 per cent YoY to Rs 423 crore. Further, the cumulative value of the properties registered in August 2023 amounted to a substantial Rs 10,613 crore.On a year-to-date (YTD) basis, Pune recorded 91,023 property registrations, showing a modest 1 per cent growth compared to the previous year....