Mumbai’s property market recorded its highest Diwali-period registrations in four years, with 3,683 properties registered between November 1 and 11, 2026. According to data from the Maharashtra Department of Registration and Stamps, analysed by Knight Frank India, registrations increased marginally by 0.4% compared to 3,668 properties registered during the corresponding period in 2025. Revenue collections, however, rose 13% year-on-year to Rs 384 crore, compared to Rs 339 crore last year.
Both property registrations and revenue collections reached their highest levels for the corresponding 11-day Diwali period since 2023. The stronger growth in revenue collections, despite a marginal increase in transaction volumes, indicates a higher value of properties being registered during the festive period.
Mumbai’s residential property market also maintained its momentum in October, recording 12,690 property registrations, a 9% increase compared to the same month last year. Between January and October 2026, the city registered 1,32,040 properties, marking a 7% year-on-year increase.
Homebuyer activity remained steady in the run-up to Diwali as well. Mumbai recorded 3,419 property registrations during the Shraddh period, between September 26 and October 10, followed by 4,680 registrations during Navratri, between October 11 and 19. The figures indicate continued property buying activity across the festive season.
Commenting on the performance, Shishir Baijal, International Partner, Chairman and Managing Director of Knight Frank India, said the marginal increase in Diwali-period registrations indicated that transaction volumes remained broadly stable. However, the 13% rise in revenue collections pointed to a higher value of transactions. He added that the growth in registrations during the first ten months of 2026 reflected sustained homebuyer interest and the continued strength of Mumbai’s residential property market.
The latest figures underline the steady demand in Mumbai’s housing market, with property registrations remaining largely stable while revenue collections recorded a sharper increase.
Source: Realty Plus
