NEW DELHI: Property registrations in the Mumbai region rose by 3% in March, totaling 15,983 units—the highest figure recorded in the past 14 years, according to Knight Frank.
This marks an increase from last year’s March, which saw 15,510 registrations.
In a statement released on Tuesday, Knight Frank reported that the city of Mumbai (within BMC jurisdiction) recorded these transactions, which include both primary and secondary market sales.
“This is the highest monthly registration volume for March in 14 years, exceeding the previous peak observed in March 2025, emphasizing the strength and resilience of the city’s residential market,” the report stated.
For reference, the total property registrations in February 2026 were 13,029 units.
Residential properties made up nearly 80% of all registrations.
Shishir Baijal, International Partner, Chairman & Managing Director of Knight Frank India, commented, “Mumbai’s residential market has shown significant growth, with March 2026 registrations exceeding last year’s already high figures, marking the strongest March in over a decade.”
This progress reflects strong end-user demand in the city, backed by stable economic conditions and sustained buyer confidence, he noted.
Akhil Saraf, Founder & CEO of Reloy, stated, “Real estate remains one of the most trusted investments, and the fact that property registrations have reached a 14-year high this March confirms its position as a reliable asset, even amidst volatility in other asset classes.”
