Mumbai Property Market Sees 4% Rise in Registrations to 88,639 Units in January-July
Mumbai's real estate market continues to demonstrate robust demand, with property registrations increasing by 4% to 88,639 units between January and July, according to data from Knight Frank India.
Mumbai Real EstateProperty RegistrationKnight Frank IndiaReal Estate MarketBuyer ConfidenceReal Estate MumbaiAug 02, 2025
As many as 84,866 units were registered in Mumbai's municipal region during the first seven months of the last calendar year. The data encompasses transactions in both the primary and secondary property markets, providing a comprehensive view of the market's performance.
The government's revenue from these registrations saw a significant increase of 13% year-on-year to Rs 7,854 crores, as reported by Knight Frank India, citing data from the Maharashtra government. This revenue growth is a positive indicator of the market's health and the government's ability to generate income from property transactions.
Shishir Baijal, Chairman & Managing Director of Knight Frank India, commented, “Mumbai's residential market continues to show steady buyer confidence.” This statement underscores the ongoing trust and investment in the city's real estate sector, despite economic uncertainties.
In July alone, the registration of properties increased by 2% to 12,579 units, compared to 12,373 units in the same month last year. This monthly growth further reinforces the market's resilience and the sustained interest from buyers.
Akhil Saraf, Founder and CEO of proptech firm Reloy, added, “Real assets like housing, especially in key cities of India, will continue to retain intrinsic value. As more money chases fewer quality assets, property prices are likely to remain resilient and trend upward over the medium to long term.” This perspective highlights the long-term potential and stability of the real estate market in Mumbai and other major Indian cities.
Overall, the data from Knight Frank India indicates that Mumbai's real estate market is on a positive trajectory, with robust demand and increasing property registrations. This trend is expected to continue, supported by strong buyer confidence and the intrinsic value of real assets in key urban centers.
Frequently Asked Questions
What is the percentage increase in property registrations in Mumbai from January to July?
Property registrations in Mumbai increased by 4% to 88,639 units from January to July.
How much revenue did the government generate from property registrations in Mumbai during this period?
The government's revenue from property registrations in Mumbai increased by 13% year-on-year to Rs 7,854 crores.
What does the increase in property registrations indicate about the real estate market in Mumbai?
The increase in property registrations indicates strong demand and steady buyer confidence in Mumbai's real estate market.
What is the outlook for property prices in Mumbai according to industry experts?
Industry experts predict that property prices in Mumbai are likely to remain resilient and trend upward over the medium to long term.
What sectors of the property market does the data cover?
The data covers transactions in both the primary and secondary property markets in Mumbai.
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