Mumbai Registers Over 12,300 Properties in July, Boosting Revenue by ₹1,101 Crore
Mumbai witnessed a 3% year-on-year increase in property sales in July, adding over 12,300 properties and generating ₹1,101 crore in revenue from stamp duty and other fees.
Mumbai Property MarketReal EstateProperty SalesStamp DutyResidential DemandReal EstateJul 31, 2025
The market continues to be driven by residential demand, with 80% of all registrations in the month attributed to residential properties, according to a statement by Knight Frank Research.
Year-to-date, Mumbai (under BMC) has seen registrations of 88,426 properties, marking a 4% year-on-year increase. However, revenue from these registrations surged by 13%, reaching ₹7,832 crore. Both metrics have recorded their strongest performance since 2013 in the January-July period, as noted by Knight Frank Research.
Mumbai’s residential market continues to show steady buyer confidence, with monthly registrations consistently crossing the 12,000 mark in residential registrations, said Knight Frank India Chairman and MD Shishir Baijal. While there has been some softening in demand for mid-ticket segments, demand for larger homes and properties priced above ₹5 crore remains strong, supporting healthy revenue collections.
Interestingly, mid-market properties in Mumbai (priced between ₹1 crore and ₹5 crore) saw a dip in their share of registrations. However, properties priced above ₹5 crore increased their contribution to total registrations, accounting for 6% of the overall share.
Apartments up to 1,000 sq ft continued to dominate Mumbai’s residential registrations in July 2025, accounting for 82% of all transactions, as noted by the research firm.
A significant portion of the total registrations came from the Western and Central Suburbs. Together, these areas accounted for 88% of total property registrations in July, with the Western Suburbs alone contributing 57%. South Mumbai, however, saw a decline in demand, with its share of total registrations falling to 6%.
Frequently Asked Questions
What was the percentage increase in property sales in Mumbai in July 2025 compared to the same period last year?
Mumbai saw a 3% year-on-year increase in property sales in July 2025.
How much revenue did Mumbai generate from property sales in July 2025?
Mumbai generated ₹1,101 crore in revenue from property sales in July 2025.
What percentage of property registrations in July were for residential properties?
80% of all property registrations in July were for residential properties.
Which areas of Mumbai saw the highest property registrations in July 2025?
The Western and Central Suburbs accounted for 88% of total property registrations in July 2025, with the Western Suburbs alone contributing 57%.
What is the trend for mid-market properties in Mumbai?
Mid-market properties (priced between ₹1 crore and ₹5 crore) saw a dip in their share of registrations, while properties priced above ₹5 crore increased their contribution to 6% of total registrations.
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