Mumbai's Real Estate Shift: Western and Central Suburbs Dominate Property Registrations
Mumbai's real estate market saw a significant shift in July 2025, with Western and Central Suburbs accounting for 88% of property registrations, while South Mumbai's share dropped to 6%.
Mumbai Real EstateProperty RegistrationsWestern SuburbsCentral SuburbsSouth MumbaiReal Estate MaharashtraJul 31, 2025
On a Month-on-Month (MoM) basis, July reported a 7% increase compared to 11,599 properties registered in June 2025. This indicates a steady demand for properties in the city, particularly in the suburban areas.
Western and Central Suburbs continued to anchor Mumbai’s residential market, together accounting for 88% of total registrations in July 2025, up slightly from 86% a year ago. The Western Suburbs alone contributed 57%, while the Central Suburbs accounted for 31%. In contrast, South Mumbai’s share declined to 6%, indicating a relative softening in activity within the city’s traditional prime micro-markets.
The momentum of property registrations continues to be skewed towards the higher price brackets. The mid-segment, especially properties in the price range of ₹1 crore to ₹5 crore, saw a dip in the overall contribution towards registrations, according to Knight Frank India, a real estate consultancy firm that collated the data, said in its report. The share of registrations for properties priced above ₹5 crore rose from 5% in July 2024 to 6% in July 2025.
On the other hand, stamp duty collection witnessed a rise of 3% YoY, from ₹1,064 crore in July 2024 to ₹1,101 crore in July 2025. In June 2025, ₹1,035 crore was collected as stamp duty, according to the data.
According to Knight Frank India, 80% of the properties registered in July 2025 were residential units. This highlights the ongoing preference for residential properties in the city, driven by a combination of affordability and demand for compact living spaces.
On a year-to-date (YTD) basis, Mumbai recorded over 88,426 property registrations in the Jan-July period, marking a 4% YoY increase. Revenue from these registrations rose by 13% YoY to ₹7,832 crores, with both metrics recording their strongest performance since 2013 in the Jan-July period.
Properties up to 1,000 sq ft continued to dominate Mumbai’s residential real estate registrations in July 2025, accounting for 82% of all transactions, broadly stable compared to 83% in July 2024. Within this, the 500–1,000 sq ft segment remained the most popular. Larger apartments maintained their presence, with units sized 1,000–2,000 sq ft increasing by a percentage to 14% and those above 2,000 sq ft steady at 3%. The Knight Frank India report said this underscores the enduring preference for compact homes, even as a niche segment of buyers continues to explore more spacious living options.
Frequently Asked Questions
What percentage of property registrations were in Western and Central Suburbs in July 2025?
Western and Central Suburbs accounted for 88% of total property registrations in July 2025.
How did South Mumbai's share of property registrations change in July 2025 compared to the previous year?
South Mumbai's share of property registrations dropped to 6% in July 2025, down from 8% in the same period last year.
What was the overall change in property registrations in July 2025 compared to July 2024?
Overall property registrations remained largely flat, with a marginal 0.1% decline from 12,373 units in July 2024 to 12,366 units in July 2025.
How did the share of high-end property registrations (above ₹5 crore) change from July 2024 to July 2025?
The share of registrations for properties priced above ₹5 crore rose from 5% in July 2024 to 6% in July 2025.
What was the percentage of residential units among all property registrations in July 2025?
According to Knight Frank India, 80% of the properties registered in July 2025 were residential units.
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