Real Estate Mumbai

Mumbai September Property Registrations Hit Record 12,560

2026-10-01 · GeoSquare News Scraper

Mumbai's property market has closed September on a strong note, with 12,560 registrations — the highest ever for the month. This marks a 4% year-on-year increase, signalling sustained buyer interest despite rising home loan rates.

Record Registrations

The September tally surpasses all previous records for the month, driven by a mix of ready-to-move-in inventory and new launches. Industry observers attribute the momentum to stable pricing and renewed confidence in the Maharashtra real estate market.

Stamp Duty Collections

Stamp duty revenue for the month stood at Rs 1,242 crore, reflecting the high-value transactions among the registered properties. While the collection is substantial, the average duty per transaction has dipped, indicating a higher share of smaller homes or affordable segment deals.

Market Outlook

With the festive season underway, developers expect registrations to remain healthy in the coming months. However, affordability remains a key factor, and any further increase in interest rates could temper demand in the mid-income segment.