Mumbai Property Registrations Hit ₹1,101 Crore in July 2025 Surge

Mumbai's Real Estate Market Shines Bright in July 2025

The Mumbai property market brims with renewed vigor as July 2025 witnessed an impressive 12,366 property registrations, generating a remarkable ₹1,101 crore in stamp duty revenue for Maharashtra. This robust performance showcases the city’s enduring appeal and the growing confidence among buyers, particularly in premium segments. Data from the Maharashtra Government highlights a steady rise in high-value transactions fueling increased government revenue.

Rising Revenue as High-Value Sales Dominate

July registered a three percent year-on-year rise in stamp duty collections, buoyed by a surge in properties priced above ₹5 crore, now contributing six percent of total registrations—up from five percent last year. While mid-market segment demand showed a slight dip, the upper-end real estate continues to captivate buyers, as noted by industry experts.

Compact and Larger Homes Both in Demand

Apartments up to 1,000 sq ft retained dominance with an 82% share of July’s registrations, confirming enduring preferences for compact living spaces. The 500-1,000 sq ft category remained the most popular. Notably, larger homes between 1,000 and 2,000 sq ft rose marginally to 14%, while those exceeding 2,000 sq ft held steady at 3%, signaling a balanced market catering to diverse buyer segments.

Western and Central Suburbs Lead the Market

• Together, Western and Central suburbs captured 88% of all July registrations, strengthening their role as Mumbai's residential hubs.
• Western suburbs contributed a dominating 57% share, maintaining their appeal.
• Central suburbs followed closely with 31%, while South Mumbai’s traditional prime markets softened to just 6% share.

Experts Weigh in on Future Market Momentum

Industry leaders like Knight Frank India and Arkade Developers attribute this market resilience to recent RBI rate cuts boosting affordability, alongside innovative buyer-focused payment plans. The upcoming festive season is expected to sustain this momentum, encouraging a mix of mid-tier and premium home purchases that align with evolving consumer aspirations and payment preferences.