Mumbai's Property Market Registers 11,230 Sales in August 2025: Knight Frank India Report
Mumbai recorded 11,230 property registrations in August 2025, marking a 3% YoY decline. The city's property market continues to be driven by residential demand, with 80% of registrations attributed to residential properties.
Property RegistrationMumbai Real EstateKnight Frank IndiaResidential DemandStamp DutyReal Estate MumbaiSep 02, 2025
The market continues to be driven by residential demand, with 80% of all registrations in the month attributed to residential properties. The city saw over 99,869 property registrations in the first eight months of 2025, contributing more than Rs 8,854 crore to the state exchequer during this period. Property registrations observed a 3% YoY growth, while revenue grew by 11% YoY during the same period, fueled by sustained buyer confidence and consistent sales.
Shishir Baijal, Chairman and Managing Director of Knight Frank India, stated, “Mumbai’s housing market has remained consistent in 2025, with monthly registrations staying above 11,000 and revenue collections crossing Rs 1,000 crore. While August saw a modest 3% dip, the city remains firmly on track inching towards the 1,00,000 registration milestone for the year. Demand for homes up to 1,000 sqft continues to remain resilient, and transactions in the Rs 5 crore-plus segment have also held steady. Together, these trends underline the strength of end-user activity and the market’s enduring momentum.”
The momentum of registrations in Mumbai continues to tilt toward the higher price brackets. Homes priced above INR 5 crore accounted for 6% of total registrations in August 2025, up from 5% a year earlier, reflecting steady demand in the luxury segment. Meanwhile, the Rs 1–5 crore mid-market range saw its share decline as affordability challenges weighed on buyer sentiment in this bracket. The 2–5 crore range registered a 3% decline, which at this stage looks like a one-off and will have to be watched closely to see if it persists.
Compact apartments remained the mainstay of demand. Units up to 1,000 sqft contributed 85% of all registrations, slightly higher than last year. The 500–1,000 sqft segment was the most preferred, striking a balance between affordability and usable space for end-users. Larger homes retained a niche buyer base, with 1,000–2,000 sqft units inching up to 13% and apartments above 2,000 sqft steady at 3%.
The suburban markets continued to anchor activity. The Western and Central Suburbs together comprised 86% of registrations in August 2025. The Western Suburbs led with 54%, while the Central Suburbs contributed 32%. In contrast, South Mumbai held at 7%, and Central Mumbai slipped to 7%.
The micro-market-wise breakdown of apartment sales shows that the Western Suburbs maintained their dominance, increasing their share from 52% in August 2024 to 54% in August 2025. The Central Suburbs also saw a slight increase, from 31% to 32%. South Mumbai saw a slight increase from 6% to 7%, while Central Mumbai's share declined from 11% to 7%.
Frequently Asked Questions
What was the total number of property registrations in Mumbai in August 2025?
Mumbai recorded 11,230 property registrations in August 2025.
What percentage of property registrations in August 2025 were residential properties?
80% of all property registrations in August 2025 were attributed to residential properties.
How much stamp duty was collected from property registrations in August 2025?
The stamp duty collection from property registrations in August 2025 stood at 1,000 crores.
Which segment of the property market saw the highest demand in August 2025?
Compact apartments up to 1,000 sqft contributed 85% of all registrations, making them the most in-demand segment.
Which areas in Mumbai saw the highest share of property registrations in August 2025?
The Western and Central Suburbs together comprised 86% of registrations, with the Western Suburbs leading at 54% and the Central Suburbs at 32%.
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