Mumbai Property Market Surges with 12,070 Registrations in September 2025
Mumbai's property market recorded its strongest September ever, with 12,070 property registrations and a 47% jump in stamp duty collections, defying the usual slowdown during the inauspicious Shraddh period.
MumbaiProperty MarketReal EstateProperty RegistrationsStamp DutyReal Estate MumbaiOct 03, 2025
The upswing was largely driven by the shifting festive calendar. Unlike last year, when Shraddh stretched into October and delayed home buying, in 2025 the fortnight ended earlier (September 7–21) and was immediately followed by the onset of Navratri (September 22–October 2). This overlap helped sustain buyer activity and translate into the best-ever September performance for Mumbai’s real estate market.
Momentum also reflected steady demand for housing, with residential units accounting for nearly 80% of all registrations. On a sequential basis, registrations rose 7% month-on-month, while revenue collections increased by a sharper 29%, highlighting sustained buyer confidence despite affordability pressures at the lower end of the market.
Prashant Sharma, President, NAREDCO Maharashtra said: “The 12,000+ property registrations recorded in Mumbai this September reflect the strong confidence homebuyers continue to place in the city’s real estate market. This growth highlights the sector’s resilience and maturity, while the early arrival of the festive season has provided an additional boost to an already robust market momentum.”
The robust performance of the Mumbai property market is a testament to the city's enduring appeal as a preferred location for investment and residence. Despite economic challenges and affordability concerns, the market has shown remarkable resilience. The early festive season has further catalyzed buyer activity, making September 2025 a landmark month for the real estate sector in Mumbai.
Looking ahead, industry experts are optimistic about the continued growth of the market. The combination of favorable economic conditions, government initiatives, and the ongoing festive season is expected to sustain the positive momentum in the coming months. For homebuyers, this period presents a unique opportunity to capitalize on the favorable market conditions and secure their dream homes in one of India’s most dynamic cities.
Frequently Asked Questions
What is the significance of the Shraddh period in the property market?
The Shraddh period is traditionally considered inauspicious for major purchases like property. However, in 2025, the early end of Shraddh and the immediate onset of Navratri helped sustain buyer activity, contributing to the strong September performance.
How many property registrations were recorded in September 2025 in Mumbai?
Mumbai recorded 12,070 property registrations in September 2025, marking a 32% year-on-year increase.
What percentage increase was seen in stamp duty collections in September 2025?
Stamp duty collections in Mumbai increased by 47% in September 2025, reaching ₹1,292 crore.
What factors contributed to the strong September performance in the Mumbai property market?
The early end of the Shraddh period, the immediate onset of Navratri, and steady demand for housing units, particularly residential properties, contributed to the strong September performance.
What is the outlook for the Mumbai property market in the coming months?
Industry experts are optimistic about the continued growth of the Mumbai property market. Favorable economic conditions, government initiatives, and the ongoing festive season are expected to sustain the positive momentum.
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