Has Mumbai Achieved Its Best Half-Yearly Performance with 75,982 Property Registrations?
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Synopsis
In an impressive display of growth, Mumbai recorded 75,982 property registrations in the first half of 2025, marking a 5% year-on-year increase. This surge in activity reflects strong buyer confidence, driven by demand for residential properties and larger homes. Discover the key trends shaping the city's real estate landscape in this insightful report.
Key Takeaways
- Mumbai registered 75,982 properties in H1 2025.
- Revenue from registrations reached Rs 6,727 crore.
- 80% of registrations were residential properties.
- There is strong demand for properties priced above Rs 5 crore.
- Apartments up to 1,000 sq ft accounted for 84% of transactions.
Mumbai, June 30 (NationPress) The city of Mumbai (under BMC jurisdiction) recorded 75,982 property transactions during the first half of 2025 (January-June), representing a 5 percent increase compared to the previous year, as detailed in a report released on Monday.
Revenue generated from these registrations surged by 15 percent year-on-year to reach Rs 6,727 crore, making it the strongest half-yearly performance since 2013, according to Knight Frank India.
The month of June saw 11,521 properties registered, indicating a slight dip of 1 percent, while the revenue from these transactions amounted to Rs 1,031 crores, marking a 2 percent rise compared to the same month last year. Notably, 80 percent of these registrations were in the residential segment.
“The residential market in Mumbai continues to demonstrate robust buyer confidence, consistently achieving registrations above the 11,000 mark year-on-year. It is particularly promising that this ongoing demand has resulted in the city’s best half-yearly performance in over a decade,” stated Shishir Baijal, Chairman & Managing Director of Knight Frank India.
Despite some cooling in the mid-price segments, there remains a strong demand for larger homes and properties priced above Rs 5 crore, which is contributing to healthy revenue collections, he added.
In June, there was a clear shift in buyer activity, with heightened interest in the higher price brackets. The proportion of registrations for properties priced above Rs 5 crore increased from 5 percent in June of the previous year to 6 percent.
Apartments sized up to 1,000 sq ft continued to dominate the residential market in Mumbai in June, accounting for 84 percent of all transactions, remaining relatively stable compared to 83 percent in June 2024.
Within this category, the 500–1,000 sq ft segment was the most favored, rising from 44 percent to 45 percent.
The share of units measuring up to 500 sq ft remained constant at 39 percent year-on-year. Larger apartments also maintained their presence, with units sized 1,000–2,000 sq ft unchanged at 13 percent and those larger than 2,000 sq ft steady at 3 percent.
This trend highlights a persistent preference for compact living spaces, even as a niche market of buyers explores more spacious options, according to the report.
Point of View
I observe that Mumbai's resilient property market reflects a broader trend of growing buyer confidence. The increase in registrations, especially in higher price brackets, signifies a shift in consumer preferences, emphasizing the need for more spacious and luxurious living options. This report serves as a testament to the city's enduring appeal in the real estate sector.
NationPress
30/06/2025
Frequently Asked Questions
What is the total number of property registrations in Mumbai for H1 2025?
Mumbai registered a total of 75,982 property transactions in the January-June period of 2025.
How much revenue was generated from these registrations?
The registrations generated a revenue of Rs 6,727 crore, marking a 15% increase year-on-year.
What percentage of registrations were residential properties?
Approximately 80% of the property registrations were in the residential segment.
What trends are emerging in the Mumbai real estate market?
There is a strong demand for larger homes and properties priced above Rs 5 crore, indicating a shift in buyer preferences.
How did the number of registrations in June compare to last year?
In June, Mumbai recorded 11,521 registrations, a slight decrease of 1% compared to the same month last year.
