NEW DELHI: According to Knight Frank India, Mumbai, governed by the BMC, saw 80,221 property registrations in the first half of 2026, marking a 6% increase year-on-year.
The total includes both primary and secondary market transactions, with stamp duty collections rising by 4% year-on-year to ₹6,968 crore.
This performance marks the highest first-half results for property registrations and stamp duty collections since 2013.
In June 2026, Mumbai is projected to have 13,302 property registrations, reflecting a 15% increase year-on-year, the highest for June in 14 years.
The Maharashtra government anticipates ₹1,077 crore in stamp duty revenue for June 2026.
Compared to May 2026, property registrations in June are expected to rise by 7%, and stamp duty collections by 2%.
Knight Frank India forecasts that June 2026 registrations will exceed last year’s peak, with registrations expected to grow by 15% year-on-year and stamp duty collections increasing by 4%, indicating a higher proportion of mid-market transactions than the previous year.
“Mumbai’s residential market has retained strong momentum, with June 2026 showing the highest property registrations for the month in 14 years,” stated Shishir Baijal, chairman and managing director of Knight Frank India.
Kamlesh Thakur, president of NAREDCO Maharashtra and co-founder & managing director of Srishti Group, commented, “The consistent momentum is driven by significant infrastructure development, stable economic conditions, and enhanced affordability. It is encouraging to observe broad-based demand, particularly from the mid-income segment contributing substantially to transaction volumes.”
