InfraMantra Director and co-founder Garvit Tiwari also commented on the decline, "The drop in property registration in Pune in November is not symptomatic of any weakness in the market".

He stated that the market continues to exhibit strong demand from property seekers, and any decline may be due to the high base effect. Additionally, the previous year marked a boom for the housing market, with record-breaking property sales across Indian cities

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