October 01, 2025: Property registrations in the Mumbai municipal region saw a significant uptick last month, driven by festive season demand. According to Knight Frank India, citing Maharashtra government data, 12,070 properties were registered in the city under the Brihanmumbai Municipal Corporation, marking a 32% increase compared with 9,111 units recorded during the same period last year. The figures encompass both primary (first sale) and secondary (resale) market transactions.
Stamp duty collections also witnessed notable growth, reaching Rs 1,292 crore, reflecting a 47% year-on-year increase. “The market activity was predominantly driven by residential demand, with 80 per cent of all registrations attributed to residential properties,” the consultant noted.
The surge in registrations and stamp duty collections highlights the resilience of Mumbai’s real estate sector during the festive season. Residential demand continues to be the key driver of transaction trends, accounting for the majority of property registrations. Both primary and secondary markets contributed to this momentum, signalling sustained buyer confidence and active participation in the city’s property market. The data underscores that festive season demand remains a crucial factor in shaping Mumbai’s real estate landscape.
Source: Prop News Time
