Mumbai Property Registrations Surge 20% in November 2025; State Earns ₹1,038 Crore in Stamp Duty Revenue

Mumbai's real estate market reportedly witnessed a strong performance in November 2025, with property registrations touching 12,219 units, representing a 20% year-on-year increase. The uptick in transactions also contributed to stamp duty collections of ₹1,038 crore, marking a 12% rise compared to the same period last year, according to market observers.

Industry analysts noted that the sustained momentum reinforces the city's robust housing demand, driven by both end-users and investors across affordable and premium housing segments.

Market Snapshot: November 2025

According to industry data, property registrations reportedly rose 5% month-on-month, reflecting continued sales traction in the city's housing sector. Market reports indicated that residential properties accounted for over 80% of the total registrations, underscoring the dominance of end-user driven demand.

Compact homes remained the preferred choice among buyers, with units measuring up to 1,000 square feet making up 84% of registrations. The demand for luxury housing in Mumbai reportedly witnessed an uptick, with properties priced above ₹5 crore comprising 7% of total registrations, up from 5% during the corresponding period last year.

Larger homes measuring between 1,000 and 2,000 square feet accounted for 13% of registrations, while properties above 2,000 square feet made up 4% of the total transactions, as per market sources.

Suburban Markets Lead Activity

The majority of real estate activity reportedly continued to be concentrated in Mumbai's Western and Central suburbs, which together contributed nearly 85% of all property registrations. Industry experts observed that this trend reflects ongoing demand in well-connected and livable micro-markets offering better space and price combinations.

Areas such as Chembur, Malad West, and other suburban pockets have reportedly emerged as preferred destinations for homebuyers seeking quality housing with improved connectivity.

Year-to-Date Overview

From January to November 2025, Mumbai reportedly recorded over 1.35 lakh property registrations, generating more than ₹12,224 crore in stamp duty and registration revenue for the state government. Market analysts observed that the sustained pace of registrations suggests a structurally stronger market compared to the pre-pandemic years.

This performance reportedly aligns with broader trends highlighted in recent market assessments, where Mumbai real estate has demonstrated record-breaking performance over the past year.

Factors Driving Housing Demand

Market observers attributed the robust numbers to several key factors:

• Stable interest rates and improved buyer confidence, with home loan interest rates remaining conducive for property purchases
• Strong developer offerings and festive season property launches attracting buyers
• Growing interest in both affordable and premium housing segments
• Redevelopment-led supply in high-demand pockets creating new inventory
• A renewed push from end-users looking to secure homes amid rising rental costs and limited inventory

Industry sources noted that first-time homebuyers have been particularly active in the market, seeking to capitalise on favourable lending conditions.

Market Outlook

Mumbai's property market reportedly continues to demonstrate resilience and depth, with balanced demand across price points and unit sizes. While compact homes remain the top choice, the increasing share of high-value transactions reflects growing confidence among affluent buyers, according to market analysts.

With developers gearing up for new launches and the pipeline of redevelopment projects in Mumbai expanding, market activity is expected to remain firm in the coming months. The key infrastructure developments driving Mumbai's connectivity are also expected to further bolster property demand across various micro-markets.

Disclaimer: This news article is for informational purposes only and should not be construed as investment advice. Property buyers are advised to conduct independent research and consult qualified professionals before making any real estate purchase decisions. Market conditions are subject to change, and past performance is not indicative of future results. ghar.tv does not guarantee the accuracy of market projections or third-party data cited in this article.