Mumbai Property Registrations Reach 14-Year High in 2025
Mumbai property registrations surged 6% to 150,231 units in 2025, marking a 14-year high. This significant increase is driven by strong demand and a supportive supply side. According to real estate consultant Knight Frank India, the Mumbai city (under BMC jurisdiction) delivered its strongest housing market performance in 14 years during 2025.
Citing the state government data, Knight Frank reported that property registrations in the Mumbai municipal region stood at 150,231 units in 2025, up from 141,202 units in 2024. In December 2025 alone, 14,424 properties were registered, a 16% increase from 12,418 units in the same month of the previous year. Residential properties accounted for 80% of the total registrations in December.
Shishir Baijal, Chairman and Managing Director of Knight Frank India, stated, '2025 marked a steady and mature phase for Mumbai's housing market, with property registrations crossing 1.50 lakh, the highest level seen in the last 14 years. This milestone is a strong indicator of the underlying resilience and depth of the market, driven by sustained end-user demand and a far more supportive supply-side ecosystem.'
The data pertains to both the primary and secondary housing markets. The robust growth in property registrations reflects the improving economic conditions and increased confidence among buyers. The Mumbai real estate market has been bolstered by various government initiatives, such as the relaxation of norms for homebuyers and the introduction of affordable housing schemes.
Real estate experts also attribute the surge to the improved infrastructure and connectivity in various parts of the city, making it more attractive for both first-time buyers and investors. Additionally, the availability of a diverse range of properties, from affordable to luxury segments, has played a crucial role in driving demand.
Despite the challenges posed by economic uncertainties and global market volatility, the Mumbai housing market has shown remarkable resilience. The continued growth in property registrations is a positive sign for the real estate sector and indicates a healthy and sustainable market environment.
Looking ahead, real estate analysts predict that the momentum will likely continue in 2026, with further improvements in infrastructure and a steady flow of new projects. The government's focus on urban development and the provision of incentives for homebuyers are expected to further boost the market.
In conclusion, the 14-year high in property registrations in Mumbai is a testament to the city's enduring appeal and the robustness of its real estate sector. As the market continues to evolve, it is poised to attract more investors and homebuyers, contributing to the overall economic growth of the region.
