Mumbai Real Estate Market Surges with 13,864 Property Registrations in April 2026
Property registrations in Mumbai are projected to reach 13,864 units in April 2026, a 6% year-on-year increase from 13,080 units registered a year ago. This notable rise marks the highest April registration volume in over a decade, highlighting the sustained end-user demand in the city's residential market. According to data from the Maharashtra Department of Registrations and Stamps, analyzed by Knight Frank India, stamp duty collections are expected to surpass ₹1,114 crore.
This achievement also signifies the highest April registration volume in the past 14 years, surpassing the previous peak in April 2025. The data underscores the resilience of Mumbai's residential market, which has continued to attract significant interest from buyers despite various economic challenges.
However, it's worth noting that property registrations in April 2026 declined by 13% compared to March 2026, when volumes stood at 15,983 units. Meanwhile, stamp duty collections rose by just 1% year-on-year, indicating a shift in the transaction mix. Shishir Baijal, International Partner, Chairman, and Managing Director of Knight Frank India, commented on the market dynamics: “Mumbai’s residential market continues to demonstrate resilient momentum, with April 2026 registering the strongest performance for any April in over a decade. This sustained growth in registrations underscores enduring end-user confidence, even on a high base. While stamp duty collections have softened, reflecting a marginal recalibration in ticket sizes, underlying demand remains robust. The sequential moderation is largely seasonal, following elevated March closures, and does not detract from Mumbai’s structural strength and long-term attractiveness as one of India’s most compelling residential markets.”
Last month, the Mumbai real estate market registered 15,983 property transactions, a marginal increase from 15,501 in March 2025, according to Maharashtra IGR data accessed by Knight Frank. Despite the rise in registrations, stamp duty collections fell by 6% to ₹1,492 crore in March 2026, from ₹1,589 crore in March 2025.
The robust performance of the Mumbai real estate market in April 2026 is a testament to the city's enduring appeal and the strong fundamentals that support its residential sector. With a focus on end-user demand and a diverse range of property options, Mumbai continues to attract both local and international investors, solidifying its position as a leading real estate market in India.
