Tag: real estate market Mumbai

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Mumbai Property Registrations Up 8% in July 2026

NEW DELHI: In July 2026, Mumbai, under the jurisdiction of the BMC, saw 13,617 property registrations, marking an 8.3% increase compared to the previous year, as reported by Knight Frank India. During this month, the Maharashtra government generated ₹1,223 crore in stamp duty, up 8.9% year-on-year. This figure represents the highest July revenue recorded in the last 14 years. Compared to June 2026, the number of registrations rose by approximately 2% from 13,413, with stamp duty collections rising by 13% from ₹1,086 crore. In July 2025, Mumbai had 12,579 property registrations and generated ₹1,123 crore in stamp duty. Shishir Baijal,…

Latest StoriesResidential

Mumbai property registrations up 6% to 80,221 in H1 2026

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…

Latest StoriesResidential

Mumbai Sees 13,800+ Property Registrations in April: Knight Frank

NEW DELHI: The residential market in Mumbai maintained its strong performance, as property registrations surpassed 13,800 units in April 2026—marking the highest count for the month in over 14 years, according to data analyzed by Knight Frank India. During the month, registrations within the Brihanmumbai Municipal Corporation (BMC) jurisdiction reached 13,864 units, reflecting a 6% increase year-on-year. This figure exceeds last year’s April peak of 2025. Stamp duty collections for April were estimated to exceed ₹1,100 crore, showing a slight increase of one percent compared to the previous year. The modest growth in collections—despite higher registrations—indicates a shift in the…

Latest StoriesResidential

Mumbai property registrations fall 14% to 11,200 in October 2025

NEW DELHI: Mumbai city (BMC jurisdiction) is projected to see approximately 11,200 property registrations in October 2025, with stamp duty collections reaching ₹1,004 crore. This represents a 14% decline in registrations year-on-year and a 17% drop in revenue collections. Comparing month-over-month data, registrations decreased by 7%, and stamp duty collections saw a 22% decline. Residential transactions accounted for about 80% of all registrations during the month. Prashant Sharma, president of NAREDCO Maharashtra, commented, “The slight decline in registrations this October should be viewed as a temporary adjustment, not a cause for concern. We anticipate that with supportive government initiatives and…