Mumbai Sees Record-Breaking Property Registrations in 2025

Mumbai has witnessed a significant surge in property registrations and stamp duty collections in 2025, marking a historic milestone. According to a report by Knight Frank India, the city recorded 150,254 property registrations, the highest in 14 years. This surge was accompanied by a substantial increase in stamp duty collections, which reached Rs13,487 crore, also a 14-year high.

The momentum continued through the year, with December alone seeing 14,447 property registrations. These registrations generated Rs1,263 crore for the state exchequer, representing a 16 per cent year-on-year rise in registrations and an 11 per cent increase in stamp duty collections. Sequentially, December registrations saw an 18 per cent surge, and stamp duty revenues climbed by 22 per cent.

Residential properties accounted for 80 per cent of December's activity, highlighting the growing demand for housing in the city. The rise in registrations, coupled with the increase in stamp duty collections, underscores both the volume-led strength and the improving transaction values in the real estate market.

The report from Knight Frank India noted that this surge in property registrations and stamp duty collections is a strong indicator of the robustness and resilience of Mumbai's real estate market. The city's economy, driven by various sectors such as finance, technology, and entertainment, continues to attract significant investment and migration, further boosting the property market.

The government's initiatives, including the reduction of stamp duty rates and the introduction of various housing schemes, have also played a crucial role in stimulating demand. These policies have made property ownership more accessible to a broader segment of the population, contributing to the overall growth of the real estate sector.

Looking ahead, the report suggests that the positive trend is likely to continue, driven by ongoing infrastructure development, improved financial inclusion, and a stable economic environment. The real estate sector in Mumbai is poised to remain a key driver of economic growth, supported by strong demand and favorable government policies.