Mumbai Sees 14-Year High in Property Registrations in March
New Delhi, Mar 31 (PTI) The Mumbai region witnessed a significant rise in property registrations in March, with a total of 15,983 units registered, marking a 3% increase from the previous year. This figure represents the highest monthly registration volume for the month of March in the past 14 years, according to data provided by real estate consultant Knight Frank.
Registration of properties in Mumbai stood at 15,510 units during March last year. Knight Frank's statement on Tuesday highlighted that the Mumbai city (area under BMC jurisdiction) recorded 15,983 property registrations in March, including transactions in both the primary and secondary markets.
“This marks the highest monthly registration volume for the month of March in the past 14 years, surpassing previous years' highs observed in March 2025. This underscores the continued depth and resilience of the city's residential market,” the consultant noted.
In February 2026, the registration of properties stood at 13,029 units. Residential properties continued to dominate, accounting for nearly 80% of total registrations.
Shishir Baijal, International Partner, Chairman & Managing Director of Knight Frank India, remarked, “Mumbai's residential market has demonstrated a notable growth with March 2026 registrations surpassing last year's already elevated base to record the strongest March in over a decade. This growth reiterates the depth of end-user demand in the city, supported by stable economic conditions and sustained buyer confidence.”
Akhil Saraf, Founder & CEO of Reloy, added, “Real estate has long been one of the most trusted investments, and property registrations reaching a 14-year high this March confirms that it remains a reliable asset — even when other asset classes are underperforming or volatile.”
The robust growth in property registrations in Mumbai reflects a combination of factors, including stable economic conditions, buyer confidence, and the enduring appeal of real estate as a trusted investment. This trend is expected to continue, driven by ongoing urbanization and the city's status as a major economic hub in India.
