3. VERY SHORT RELEVANT INTRO: Mumbai's property market recorded approximately 11,500 registrations in October 2025, demonstrating resilience through strong end-user demand despite festive timing shifts, with year-to-date stamp duty collections reaching record ₹11,164 crore.

Maharashtra's real estate sector has generated ₹29,795 crore in stamp duty revenue by mid-October 2025, representing 46.9% of the annual target despite a ready reckoner rate hike in April. The state's property market continues to demonstrate resilience with 7% year-on-year revenue growth.

Nagpur's stamp duty collections for FY 2024–25 stood at ₹1,675 crore, 7% below the target of ₹1,800 crore. Experts cite weak property transactions and slow growth in ready reckoner rates as key reasons.

October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

Buying land in Maharashtra requires various legal paperwork. A 7/12 extract, which contains all property information, is crucial. This Mahabhulekh portal extract is a RoR (record-of-right) under the Maharashtra Land Revenue Record of Rights and Registers Rules, 1971.