Real Estate Maharashtra

Mumbai 2024 Property Registrations Cross 1.25 Lakh; Stamp Duty ₹9,000

2026-10-05 · GeoSquare News Scraper

Mumbai property market ends 2024 on a high

Mumbai recorded over 1.25 lakh property registrations in 2024, with stamp duty collections crossing ₹9,000 crore. The annual tally reflects sustained buying interest across the city's residential market, especially in the mid-income and luxury segments.

Mid-income and luxury segments lead

Demand was driven by a mix of first-time buyers and investors. Mid-income housing remained the largest contributor by volume, while luxury properties saw strong traction in prime locations. Ready-to-move-in homes and projects with clear titles were preferred.

Infrastructure to support 2025 momentum

Industry experts expect the momentum to extend into 2025, supported by new infrastructure projects and better transit connectivity. However, affordability and interest rates will remain important factors for buyers.