Mumbai Sees Strongest Half-Yearly Property Performance in a Decade
Mumbai city, under BMC jurisdiction, recorded 75,982 property sales in the first half of 2025, marking a 5% year-on-year increase. Revenue from these registrations rose by 15% to Rs 6,727 crore, reflecting the strongest half-yearly performance since 2013.
MumbaiProperty SalesReal EstateKnight Frank IndiaResidential MarketReal Estate MumbaiJun 30, 2025
The month of June saw the registration of 11,521 properties, denoting a 1% moderation, while revenue from these registrations totaled Rs 1,031 crores, reflecting a 2% rise compared to the same month last year. Registrations were primarily residential, with 80% of the registrations in this segment.
Shishir Baijal, Chairman & Managing Director of Knight Frank India, commented, “Mumbai’s residential market continues to reflect steady buyer confidence, as registrations consistently stay above the 11,000-mark year-on-year. What’s particularly encouraging is that this sustained demand has led to the city’s strongest half-yearly performance in over a decade.”
While there has been some cooling in the mid-price segments, the appetite for larger homes and properties priced above Rs 5 crore remains strong, driving healthy revenue collections. June reflected a distinct shift in buyer activity, with momentum skewed towards the higher price brackets. The share of registrations for properties priced above Rs 5 crore rose from 5% in June last year to 6%.
Apartments up to 1,000 sq ft continued to dominate Mumbai’s residential registrations in June, accounting for 84% of all transactions, broadly stable compared to 83% in June 2024. Within this, the 500–1,000 sq ft segment remained the most popular, inching up from 44% to 45%. The share of units up to 500 sq ft held steady at 39% year-on-year. Larger apartments maintained their presence, with units sized 1,000–2,000 sq ft unchanged at 13% and those above 2,000 sq ft steady at 3%.
This underscores the enduring preference for compact homes, even as a niche segment of buyers continues to explore more spacious living options, the report concluded.
Frequently Asked Questions
What was the total number of property registrations in Mumbai in the first half of 2025?
Mumbai registered 75,982 property sales in the January-June period (H1 2025).
How much did the revenue from property registrations increase in the first half of 2025 compared to the same period last year?
Revenue from property registrations rose by 15% to Rs 6,727 crore in the first half of 2025.
What segment of the market saw the most registrations in June 2025?
The residential segment accounted for 80% of the registrations in June 2025.
How did the share of properties priced above Rs 5 crore change in June 2025 compared to June 2024?
The share of properties priced above Rs 5 crore increased from 5% in June 2024 to 6% in June 2025.
What size of apartments dominated the residential registrations in June 2025?
Apartments up to 1,000 sq ft dominated the residential registrations in June 2025, accounting for 84% of all transactions.
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