Mumbai Property Market Generates Over ₹1100 Crore in Revenue from Sales in July
Mumbai's property market saw a significant boost in July, with over 12,366 properties registered, generating ₹1,101 crore in revenue from stamp duty and other charges. The market continues to be driven by residential demand, particularly for larger homes and properties priced above ₹5 crore.
MumbaiProperty MarketReal EstateRevenue CollectionResidential DemandReal Estate MumbaiJul 31, 2025
The market continues to be driven by residential demand, with 80 per cent of all registrations in the month attributed to residential properties, as stated by Knight Frank Research. Year-to-date, Mumbai (under BMC) saw registrations of 88,426 properties, a 4 per cent year-on-year increase. However, revenue from these registrations surged by 13 per cent, reaching ₹7,832 crore. “Both metrics recording their strongest performance since 2013 in the Jan-July period,” Knight Frank Research noted.
Shishir Baijal, Chairman and Managing Director of Knight Frank India, commented, “Mumbai’s residential market continues to show steady buyer confidence, with monthly registrations consistently crossing the 12,000 mark in residential registrations.” While there has been some softening in demand for mid-ticket segments, the demand for larger homes and properties priced above ₹5 crore remains strong, supporting healthy revenue collections.
Interestingly, mid-market properties in Mumbai city (priced between ₹1 crore to ₹5 crore) saw a dip in their share of registrations. However, properties priced above ₹5 crore rose to 6 per cent of the overall contribution to total registrations. “Apartments up to 1,000 sq ft continued to dominate Mumbai’s residential registrations in July 2025, accounting for 82 per cent of all transactions,” noted the research firm.
A significant portion of the total registrations came from the Western and Central Suburbs. Together, they accounted for 88 per cent of total property registrations in July, with the Western Suburbs alone contributing 57 per cent. South Mumbai, however, saw a decline in demand, with the overall share of total registrations falling to 6 per cent.
This steady performance in the property market is a positive indicator of economic recovery and growing confidence among buyers in Mumbai. The city's robust infrastructure and strategic location continue to attract both domestic and international investors, further boosting the real estate sector.
Frequently Asked Questions
What was the total revenue generated from property sales in Mumbai in July 2025?
The total revenue generated from property sales in Mumbai in July 2025 was ₹1,101 crore.
What percentage of property registrations in July were residential?
80 per cent of all property registrations in July were residential.
How many properties were registered in Mumbai under BMC in July 2025?
12,366 properties were registered in Mumbai under BMC in July 2025.
Which areas of Mumbai saw the highest property registrations in July 2025?
The Western and Central Suburbs saw the highest property registrations, accounting for 88 per cent of total registrations in July 2025.
What is the trend in demand for mid-market properties in Mumbai?
The demand for mid-market properties (priced between ₹1 crore to ₹5 crore) has seen a dip, while demand for properties priced above ₹5 crore has increased.
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