Mumbai Property Market Surges: ₹1,101 Crore from Property Registrations in July 2025
Mumbai recorded 12,366 property registrations in July 2025, generating ₹1,101 crore in revenue for Maharashtra through stamp duty collections. High-value transactions drove the growth.
Property RegistrationsMumbaiMaharashtraStamp DutyReal EstateReal Estate MaharashtraJul 31, 2025
On a month-on-month (MoM) basis, property registrations increased by seven per cent year-on-year, while stamp duty collections rose by six per cent. This growth reflects the steady buyer confidence in Mumbai’s residential market.
On a year-to-date (YTD) basis, Mumbai recorded over 88,426 property registrations from January to July 2025, marking a four per cent year-on-year increase. The revenue from these registrations rose by 13 per cent year-on-year to ₹7,832 crore, highlighting the strong performance of the property market in the city.
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, demand for larger homes and properties priced above ₹5 crore remains strong, supporting healthy revenue collections."
The share of registrations for properties priced above ₹5 crore increased from five per cent in July 2024 to six per cent in July 2025. Conversely, the mid-market segment, especially properties priced between ₹1 crore and ₹5 crore, saw a dip in their overall contribution to total registrations.
Compact homes continued to dominate Mumbai’s residential registrations in July 2025, with apartments up to 1,000 sq ft accounting for 82 per cent of all transactions. This is broadly stable compared to 83 per cent in July 2024. Within this, the 500–1,000 sq ft segment remained the most popular.
Larger apartments maintained their presence, with units sized 1,000–2,000 sq ft increasing by a percentage to 14 per cent and those above 2,000 sq ft steady at 3 per cent.
Amit Jain, chairman and managing director of Arkade Developers, noted, "The recent rate cuts by the RBI have enhanced affordability and positively influenced homebuyer sentiment, particularly in the mid and premium housing segments. As we head into the festive quarter, we expect this momentum to persist, driven by innovative flexible home ownership payment plans and buyer-centric offerings from developers that align with evolving consumer expectations."
The western and central suburbs continued to anchor Mumbai’s residential market, together accounting for 88 per cent of total registrations in July 2025, up slightly from 86 per cent a year ago. The western suburbs alone contributed 57 per cent, while the central suburbs accounted for 31 per cent. In contrast, South Mumbai’s share declined to 6 per cent, indicating a relative softening in activity within the city’s traditional prime micro-markets.
Frequently Asked Questions
What was the total revenue generated from property registrations in Mumbai in July 2025?
Mumbai generated ₹1,101 crore in revenue from property registrations in July 2025 through stamp duty collections.
How did the property registrations in Mumbai perform on a month-on-month basis in July 2025?
Property registrations in Mumbai increased by seven per cent month-on-month in July 2025.
What is the share of high-value property registrations in Mumbai in July 2025?
Properties priced above ₹5 crore accounted for six per cent of total registrations in Mumbai in July 2025, up from five per cent in July 2024.
Which areas in Mumbai contributed the most to property registrations in July 2025?
The western and central suburbs contributed 88 per cent of total registrations in July 2025, with the western suburbs alone contributing 57 per cent and the central suburbs 31 per cent.
How have recent RBI rate cuts affected the Mumbai property market?
The recent rate cuts by the RBI have enhanced affordability and positively influenced homebuyer sentiment, particularly in the mid and premium housing segments, driving momentum in the Mumbai property market.
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