Real estate is one of the largest sectors and plays a vital role in the Gross Domestic Product contribution, therefore only the major areas such as causes and its effects related slowdown in real estate sector. With the support of survey and deliberations with competent persons the severity of factors will also be evaluated. And the spotlight is thrown on Pune city's Real estate sector which is one of the top ten real estate market of India in line with project permissions and sanctions during the last some years.Each of these influencing parameters reflects their own individual pattern that has affected the current day real estate scenario. The study is primarily based on secondary literature available through published sources.In addition data for Pune region related building project permissions and sanctions was collected by visiting Pune Municipal Corporation PMC as well as 4 ward offices of the PMC. This was done with a view to know the effects of economic slowdown on building premises and sanctions in Pune region. Priti Arun Patil | Satyajit B Patil "Study the Effect of Recession on Real Estae Sector with the Help of Case Study of (PMC) Pune Municipal Corporation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29180.pdf