Mumbai logs highest property registrations in 14 yrs in 2025

Registration of properties in the Mumbai municipal region rose 6 per cent during the 2025 calendar year to 1,50,231 units, reaching a 14-year high, on better demand. On Wednesday, real estate consultant Knight Frank India said that Mumbai city (under BMC jurisdiction) delivered its strongest housing market performance in 14 years in 2025. Citing the state government data, Knight Frank said that registration of properties stood at 150,231 units in the Mumbai municipal region during 2025 as against 1,41,202 units in 2024.

Market momentum remained strong through the year-end. In December 2025, 14,447 properties were registered, contributing Rs 1,263 crore in stamp duty revenue. Residential properties accounted for 80 per cent of registrations during the month. This translated into a 16 per cent Y-o-Y rise in registrations and an 11 per cent increase in stamp duty collections. Sequentially, December registrations grew 18 per cent, while stamp duty revenue rose 22 per cent. December emerged as the second-strongest month of the year, after March, when registrations crossed 15,000 units, underscoring the consistency of housing demand in the city.

Properties priced between Rs 2 crore and Rs 5 crore remained stable at 19 per cent, while the Rs 1 crore to Rs 2 crore segment rose from 30 per cent in 2024 to 32 per cent in 2025. “Buyers want premium homes and holistic living, with amenities and proximity to essential services. Demand is being supported by strong economic growth and consumption. Investor demand is also rising, with rental yields improving across the city. Additionally, upgrading lifestyles, lower interest rates, and improving incomes will continue to act as catalysts for future residential demand momentum in the city,” Jain added. The below Rs 1 crore segment saw its share decline from 44 per cent to 42 per cent, as affordability challenges weighed on buyer sentiment.

Units up to 1,000 square feet accounted for 82 per cent of registrations. Homes sized between 500 and 1,000 square feet were the most preferred at 46 per cent. Units between 1,000 and 2,000 square feet edged up to 15 per cent, while apartments above 2,000 square feet held steady at 3 per cent. The Western and Central suburbs dominated activity, accounting for 86 per cent of December registrations, up from 84 per cent a year earlier. Western Suburbs led with a 57 per cent share, followed by Central Suburbs at 29 per cent. In contrast, South Mumbai’s share stood at 7 per cent (down from 8 per cent in December 2024).