Mumbai Real Estate Market Sees Record-Breaking 12,070 Property Registrations in September 2025

Mumbai's property market witnessed a significant surge in September 2025, with 12,070 property registrations and a 47% increase in stamp duty collections. The early end of the Shraddh period and the onset of Navratri played a crucial role in sustaining buyer activity.

MumbaiProperty MarketReal EstateProperty RegistrationsStamp DutyReal Estate NewsOct 03, 2025

Mumbai Real Estate Market Sees Record-Breaking 12,070 Property Registrations in September 2025
Real Estate News:Mumbai’s property market delivered its strongest September on record, defying the usual slowdown during the inauspicious Shraddh period. Property registrations in the Mumbai municipal region surged 32% year-on-year to 12,070 units, while stamp duty collections jumped 47% to ₹1,292 crore, according to Knight Frank India.

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 Mumbai real estate market has been showing signs of recovery and growth over the past few years, driven by various factors such as government initiatives, improved infrastructure, and a stable economic environment. The recent spike in property registrations and stamp duty collections is a clear indication of the market's resilience and the confidence of buyers in the city’s real estate sector.

While the market has seen significant growth, there are still challenges, particularly in the lower end of the market where affordability remains a concern. However, the overall positive trend suggests that the Mumbai real estate market is on a strong growth trajectory, with the potential for further improvements in the coming months and years.

Frequently Asked Questions

What is the main reason for the surge in property registrations in Mumbai in September 2025?

The main reason for the surge in property registrations in Mumbai in September 2025 is the early end of the Shraddh period and the immediate onset of Navratri, which helped sustain buyer activity.

How much did stamp duty collections increase in September 2025 compared to the previous year?

Stamp duty collections in Mumbai increased by 47% in September 2025 compared to the previous year, reaching ₹1,292 crore.

What percentage of property registrations in September 2025 were for residential units?

Nearly 80% of the property registrations in September 2025 were for residential units.

What does Prashant Sharma, President of NAREDCO Maharashtra, say about the property registrations in September 2025?

Prashant Sharma, President of NAREDCO Maharashtra, stated that the 12,000+ property registrations in September 2025 reflect the strong confidence homebuyers continue to place in the city's real estate market, highlighting the sector's resilience and maturity.

What are some of the challenges still faced by the Mumbai real estate market?

One of the main challenges still faced by the Mumbai real estate market is affordability, particularly at the lower end of the market. Despite the overall positive trend, affordability remains a concern for many buyers.

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