Tag: Property registrations in Mumbai

Latest StoriesResidential

Mumbai’s Property Registrations Up 20% This Navratri

MUMBAI: The Greater Mumbai area under BMC jurisdiction recorded 6,238 property registrations during the 10-day Navratri period (Sept 22–October 1, 2025), reflecting a 20% increase from 5,199 registrations in the same timeframe last year. This boost also contributed to a 17% year-on-year rise in state revenue collections, reaching Rs 587 crore during the festive season. The average daily registrations improved from 578 units in Navratri 2024 to 624 units in 2025, as per data provided by Knight Frank India. According to the global property consultant, September 2025 saw a total of 12,070 registrations, making it the best September for the…

Latest StoriesResidential

Mumbai’s July 2025 Property Registrations Hit ₹1,101 Crore

NEW DELHI: In July 2025, Mumbai (under the BMC jurisdiction) registered 12,366 properties, generating ₹1,101 crore in revenue through stamp duty. This represents a year-on-year growth of 3%, spurred by an increase in high-value transactions. Compared to the previous month, property registrations rose by 7%, while stamp duty collections increased by 6%. In the first seven months of 2025, Mumbai saw over 88,426 property registrations, a 4% year-on-year uptick. The associated revenue grew by 13% to ₹7,832 crore. Shishir Baijal, chairman and managing director at Knight Frank India, remarked, “Mumbai’s residential sector is showcasing robust buyer confidence, with monthly registrations…