Mumbai clocks ₹1,101 crore from property registrations in July 2025
NEW DELHI: Mumbai city (under BMC jurisdiction) recorded 12,366 properties registrations in July 2025, contributing ₹1,101 crore to the Maharashtra’s revenue through stamp duty collections. Stamp duty collections witnessed a rise of three per cent year-on-year supported by growth in high ticket transactions.
On a month-on-month (MoM) basis property registrations increased by seven per cent year-on-year while stamp duty collections increased by six per cent.
On a year till date (YTD) basis, Mumbai recorded over 88,426 property registrations in Jan-July period, marking a four per cent year-on-year increase. Revenue from these registrations rose by 13 per cent year-on-year to₹7,832 crore.
Shishir Baijal, chairman & managing director, Knight Frank India said, “Mumbai’s residential market continues to show steady buyer confidence, with monthly registrations consistently crossing the 12,000 mark in residential registrations. While there has been some softening in demand for mid-ticket segments, demand for larger homes and properties priced above ₹5 crore remains strong, supporting healthy revenue collections.”
The share of registrations for properties priced above ₹5 crore rose from five per cnet in July 2024 to six per cent in July 2025. Conversely, the mid-market segment, especially properties priced between ₹1 crore and ₹5 crore, saw a dip in their overall contribution to total registrations.
Mumbai property sale registration and government revenue collection
| Period | Registration (Units) |
YoY | MoM | Revenue (INR cr) |
YoY | MoM |
| Apr-24 | 11,648 | 11% | -18% | 1,058 | 18% | -6% |
| May-24 | 12,000 | 22% | 3% | 1,034 | 24% | -2% |
| Jun-24 | 11,673 | 13% | -3% | 1,014 | 18% | -2% |
| Jul-24 | 12,373 | 21% | 6% | 1,064 | 28% | 5% |
| Aug-24 | 11,631 | 7% | -6% | 1,062 | 31% | 0% |
| Sep-24 | 9,111 | -15% | -22% | 877 | -22% | -17% |
| Oct-24 | 12,960 | 22% | 42% | 1,205 | 44% | 37% |
| Nov-24 | 10,216 | 5% | -21% | 925 | 30% | -23% |
| Dec-24 | 12,418 | 1% | 22% | 1,134 | 21% | 23% |
| Jan – 25 | 12,249 | 12% | -1% | 994 | 31% | -12% |
| Feb-25 | 12,066 | 0.1% | -1% | 935 | 6 | -6% |
| Mar-25 | 15,501 | 10% | 28% | 1,589 | 42% | 70% |
| Apr-25 | 13,080 | 12% | -16% | 1,115 | 5% | -30% |
| May-25 | 11,565 | -4% | -12% | 1,062 | 3% | -5% |
| June-25 | 11,599 | -1% | 0% | 1,035 | 2% | -3% |
| July-25* | 12,366 | -0.1% | 7% | 1,101 | 3% | 6% |
Compact homes continue to dominate
Apartments up to 1,000 sq ft continued to dominate Mumbai’s residential 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%.
Amit Jain, chairman & managing director, Arkade Developers said, “The recent rate cuts by the RBI have enhanced affordability and positively influenced homebuyer sentiment, particularly in the mid and premium housing segments. As we head into the festive quarter, we expect this momentum to persist, driven by innovative flexible home ownership payment plans and buyer-centric offerings from developers that align with evolving consumer expectations.”
Western suburb and central suburb account for 88% of the total market share
The 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.
