The Hindu Business Line-Pune’s home sales value surges 19% in Q3 2024 despite a slight dip in transactions
Pune, along with Pimpri-Chinchwad, witnessed a significant surge in registered home sales value for the July-September quarter of 2024, as reported by Square Yards.
Based on data from the Inspector General of Registration (IGR), the city’s home sales value jumped 19 per cent year-on-year (YoY), reaching ₹13,865 crore.
Despite a 1 per cent YoY decline in the number of transactions, with 18,806 residential deals registered, the average home sales value rose to a record-high of ₹74 lakh, up 20 per cent from last year.