Mumbai Property Market Thrives: Registrations Rise 4%, Revenue Surges 14%
Mumbai's real estate market demonstrated resilience in the first half of 2025, with a 4% increase in property registrations and a 14% jump in revenue, signaling strong demand for premium homes.
MumbaiReal EstateProperty RegistrationsRevenuePremium HomesReal Estate NewsJun 30, 2025
More significantly, revenue from these transactions jumped 14% year-on-year to Rs 6,699 crore, indicating strong demand for higher-value homes.
June alone saw 11,211 property deals, generating Rs 1,004 crore in revenue. While registrations were slightly lower than in June 2024, revenue stayed steady, showing continued buyer interest in premium properties.
“June marked Mumbai’s second-best performance for the month in six years,” said Anuj Puri, Chairman of ANAROCK Group, noting that strong revenue despite fewer deals reflects the demand for expensive homes.
Across the broader Mumbai Metropolitan Region (MMR), however, sales slowed. Only 62,890 homes were sold in H1 2025 — down 34% from the same period in 2024.
But Mumbai city defied this trend, thanks in part to a surge in March registrations before new ready reckoner rates took effect. That month alone saw 15,501 registrations, generating Rs 1,589 crore in revenue.
The average price of homes sold in Mumbai also rose to Rs 1.60 crore, up from Rs 1.56 crore last year and Rs 1.02 crore in 2021 — showing a shift toward premium housing.
Despite slower sales in the wider region, Mumbai’s market remains resilient, driven by strong demand for high-end homes and a rush to register properties ahead of regulatory changes.
Frequently Asked Questions
What is the current trend in Mumbai's property market?
Mumbai's property market has shown resilience with a 4% increase in property registrations and a 14% surge in revenue in the first half of 2025, driven by strong demand for higher-value homes.
How did June 2025 perform compared to previous years?
June 2025 marked Mumbai’s second-best performance for the month in six years, with 11,211 property deals generating Rs 1,004 crore in revenue, showing steady buyer interest in premium properties.
What impact did the new ready reckoner rates have on property registrations?
The new ready reckoner rates prompted a surge in March registrations, with 15,501 properties registered and Rs 1,589 crore in revenue generated, as buyers rushed to complete transactions before the rates took effect.
How has the average price of homes in Mumbai changed?
The average price of homes sold in Mumbai increased to Rs 1.60 crore in 2025, up from Rs 1.56 crore in 2024 and Rs 1.02 crore in 2021, indicating a shift towards premium housing.
What factors are contributing to the resilience of Mumbai's real estate market?
Mumbai's real estate market remains resilient due to strong demand for high-end homes, regulatory changes, and a robust economic environment that continues to attract buyers.
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