Mumbai's Property Market Nears 1 Lakh Registrations in 2025, Luxury Homes See Uptick
Mumbai's property market has shown remarkable resilience, with 11,230 property registrations in August 2025. The city is on track to breach the 1 lakh registration milestone by the end of the year, with a notable rise in luxury home registrations.
MumbaiProperty MarketReal EstateLuxury HomesCompact HomesReal Estate MumbaiSep 03, 2025
Stamp duty collections stood at ₹1,000 crore, a 6% YoY decline from ₹1,062 crore in August 2024. However, between January and August 2025, Mumbai has already crossed 99,869 registrations, contributing ₹8,854 crore in stamp duty revenue—up 11% from last year, as per data analyzed by Knight Frank India.
The city is now on track to breach the 1 lakh registration milestone for the year.
Compact Homes Lead the Way
Residential deals continued to dominate with 80% of total registrations. Compact apartments under 1,000 sq ft accounted for 85% of sales, with the 500–1,000 sq ft category emerging as the sweet spot for affordability and functionality. Larger homes showed selective demand:
1,000–2,000 sq ft homes rose to 13% share.
Above 2,000 sq ft homes remained stable at 3%.
Premium Housing on the Rise
Interestingly, luxury demand is inching up. Homes priced above ₹5 crore contributed 6% of registrations, compared to 5% last year, while the ₹2–5 crore segment dipped by 3%, hinting at a mid-market correction. Knight Frank’s analysis highlighted a steady uptick in demand for premium housing. Homes priced above ₹5 crore accounted for 6% of total registrations, up from 5% a year earlier. Conversely, the ₹1–5 crore mid-market segment saw a marginal decline, with the ₹2–5 crore range dipping by 3%, which analysts suggest may be a temporary correction.
Location Trends
The Western Suburbs remained the hub of demand with a 54% share, followed by the Central Suburbs at 32%. South Mumbai held steady at 7%, but Central Mumbai slipped to 7% from 11% last year, reflecting shifting buyer focus to suburban micro-markets with better connectivity.
Expert Take
Prashant Sharma, NAREDCO Maharashtra: “Crossing 11,000 registrations month after month is a strong sign of resilient housing demand. Sustaining momentum will require policies to support affordability in the mid-income segment.”
Kaushal Agarwal, The Guardians Real Estate Advisory: “Luxury housing is gaining ground, but compact homes remain the backbone. Infrastructure projects like the metro and coastal road will keep demand healthy across price points.”
Reaching close to one lakh registrations within just eight months reflects the strength of Mumbai’s real estate sector. While affordability remains a key driver for compact homes, the uptick in larger apartments and premium housing signals diversification in demand. We believe that continued infrastructure upgrades and supportive government policies will only further enhance the city’s appeal for both homebuyers and investors, especially in key markets like the Western suburbs, said Dhruman Shah, Promoter, Ariha Group.
Frequently Asked Questions
What is the current trend in property registrations in Mumbai?
Mumbai's property market has shown resilience with 11,230 property registrations in August 2025, and the city is on track to breach the 1 lakh registration milestone by the end of the year.
How has the demand for compact homes in Mumbai evolved?
Compact apartments under 1,000 sq ft accounted for 85% of sales, with the 500–1,000 sq ft category emerging as the sweet spot for affordability and functionality.
What is the trend in luxury housing in Mumbai?
Homes priced above ₹5 crore contributed 6% of registrations, up from 5% last year, indicating a steady uptick in demand for premium housing.
Which areas in Mumbai are seeing the highest demand for property?
The Western Suburbs remain the hub of demand with a 54% share, followed by the Central Suburbs at 32%. South Mumbai held steady at 7%, while Central Mumbai slipped to 7% from 11% last year.
What factors are driving the property market in Mumbai?
Affordability, infrastructure projects like the metro and coastal road, and supportive government policies are key factors driving the property market in Mumbai.
Related News Articles
Unpacking Gujarat's Residential Market: Trends, Challenges, and Opportunities
Gain insights into Gujarat's residential market from industry experts, including Mr. Paras Pandit, CMD of Sheetal Infrastructure, at the Realty+ Conclave 2024.
Equity Investments in Real Estate Sector Poised to Reach a Record USD 10 Billion in 2024: CBRE-CII Report
New Delhi [India], November 20 (ANI): The real estate sector in India is on the brink of achieving a significant milestone, with equity investments expected to surpass USD 10 billion in 2024.
MahaRERA to Conduct Monthly Open Houses for Real Estate Developers Outside Mumbai, Starting in Nagpur
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced plans to hold monthly open houses for real estate developers outside Mumbai, with the first event taking place in Nagpur on January 22.
Sobha Q3FY25 Results: Real Estate Major's Net Profit and Revenue Soar, but Margins Plummet
Sobha, one of India's leading real estate developers, has announced its Q3FY25 results. The company saw a significant jump in net profit and revenue, but margins took a hit. Let's delve into the details and explore what this means for the company and the
Bridgemark Real Estate Sees Robust Revenue Growth in Q4 2024
Bridgemark Real Estate Services Inc. (BMARK) announced a significant revenue increase in Q4 2024, reaching $101.5 million, a substantial leap from $10.8 million in the previous year.
Dubai Real Estate Sees 4.76% Increase in Mortgage Transactions as Fed Rates Hold Steady
Steady interest rates have bolstered buyer confidence, leading to a significant rise in real estate transactions in Dubai. The Federal Reserve's decision to maintain rate levels has further encouraged investors to enter the market.