Prices

Pune home sales soften in Q2 2026 even as average price tops Rs 8,000/sq ft for the first time

Property Saraansh Desk24 August 2026
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Pune home sales soften in Q2 2026 even as average price tops Rs 8,000/sq ft for the first time

A Q2 2026 report (PropTiger/Housing.com) shows home sales softening across India’s top eight cities – down 6.1% year-on-year to 91,729 units – with Pune among the markets feeling it. One outlet puts Pune’s decline at 21% year-on-year, though that specific figure is single-sourced, so treat it as indicative rather than confirmed. The narrative attributes the softness to AI-led job-market anxiety and tech-sector layoffs weighing on the sub-Rs 1 crore segment.

At the same time, and independently corroborated, Pune’s average price crossed Rs 8,000 per square foot for the first time – reaching Rs 8,084, up 13.7% year-on-year.

The two facts together tell the real story: fewer transactions but firmer prices. For buyers, that means less frenzy and more room to negotiate on specific units, even as headline rates keep climbing – a market cooling in volume but not (yet) in price. For sellers, it is a reminder that a rising average does not guarantee a quick sale in the affordable segment.

Sources: Business Today (Aug 19, 2026), Storyboard18 (Aug 19, 2026)

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