Mumbai’s property market is heading for a record year, with registrations between January and August touching 99,869 units, generating ₹8,854 crore in stamp duty revenue. This marks a 3% rise in registrations and an 11% jump in revenue compared to the same period last year.
In August alone, the city recorded 11,230 registrations, down 3% year-on-year and 11% month-on-month, largely due to heavy rains that slowed activity. Stamp duty collections for the month stood at around ₹1,000 crore, reflecting a 6% annual decline.
Residential sales dominated, accounting for 80% of transactions. Compact homes under 1,000 sq ft were the most popular, contributing 85% of sales. Larger units between 1,000–2,000 sq ft rose to 13%, while luxury homes above ₹5 crore gained traction, increasing their share to 6% of total deals.
Geographically, the Western suburbs (54%) and Central suburbs (32%) drove the bulk of registrations, while South Mumbai accounted for just 7%.
Analysts note that despite a brief slowdown in August, Mumbai’s housing market remains robust. With monthly registrations consistently above 11,000, the city is expected to surpass the 1-lakh registrations milestone well before the end of 2025.
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