Mumbai's Property Market Surges: Highest Jan–Aug Registrations in History
Mumbai's property market has achieved record-breaking performance in 2025, with the highest-ever property registrations and stamp duty revenue for any eight-month period. The city is on track to touch the 100,000-registration milestone faster than ever before.
MumbaiReal EstateProperty MarketRegistrationsStamp DutyReal Estate MumbaiSep 01, 2025
The city’s housing market has maintained its momentum despite a steady rise in property prices and an increase in ready reckoner (RR) rates from the beginning of this fiscal year. This consistency has propelled Mumbai to its highest-ever property registrations and stamp duty revenue for any eight-month period, putting it on course to touch the 100,000-registration milestone faster than ever before.
Between January and August, Mumbai recorded 99,869 property deals, generating over Rs 8,854 crore for the state, as per data from the Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra. Registrations rose 3% and revenue increased by 11% year-on-year, surpassing the previous peak of 96,497 deals and Rs 8,000 crore in 2024.
“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 100,000-registration milestone for the year,” said Shishir Baijal, CMD, Knight Frank India.
The Maximum City registered 11,230 property deals and Rs 1,000 crore revenue in August, down 3% and 6% year-on-year. Heavy rains slowed activity, but developers remain upbeat on festive demand.
“We are entering the festive season on a strong footing, with Mumbai already achieving record registrations and revenue this year. Demand across both mid-income and premium segments has remained resilient, and we expect this momentum to only accelerate during the festive months, as buyers typically advance their purchase decisions during this period,” said Parthh K Mehta, CMD, Paradigm Realty.
Residential transactions dominated activity, accounting for 80% of registrations during the month. Apartments up to 1,000 sq ft continued to lead demand, contributing 85% of registrations compared to 84% a year ago. Within this, the 500–1,000 sq ft segment was most preferred. Larger units between 1,000 and 2,000 sq ft increased their share to 13%, while those above 2,000 sq ft remained steady at 3%.
Frequently Asked Questions
What is the current trend in Mumbai's property market for 2025?
Mumbai's property market has seen strong performance in 2025, with record-high property registrations and stamp duty revenue for the first eight months. The market is on track to reach the 100,000-registration milestone faster than ever before.
How has the property market maintained its momentum despite rising prices?
Despite a steady rise in property prices and an increase in ready reckoner rates, Mumbai's property market has maintained its momentum due to resilient demand for mid-income homes and sustained activity in the luxury segment.
What is the breakdown of property registrations in Mumbai?
Residential transactions dominate activity, accounting for 80% of registrations. Apartments up to 1,000 sq ft lead demand, contributing 85% of registrations, with the 500–1,000 sq ft segment being the most preferred.
How has the festive season impacted the property market?
Developers are optimistic about the festive season, as demand across both mid-income and premium segments has remained resilient. Buyers typically advance their purchase decisions during this period, which is expected to boost the market further.
What is the role of the Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra, in this achievement?
The Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra, provide the official data on property registrations and stamp duty revenue, which have been instrumental in tracking and validating the record-breaking performance of Mumbai's property market.
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