Mumbai, Sep 30 (NationPress) The Mumbai real estate sector has shown remarkable growth this year, achieving 1,11,388 property registrations from January to September. This marks a 5.5 percent increase compared to the 1,05,607 units registered during the same timeframe last year, according to a report released on Tuesday.

As per the latest data from the Inspector General of Registration (IGR), the year 2025 is establishing new standards in both property registrations and government revenue, highlighting the sector's resilience and its growing importance in India's economy.

The registrations from January to September also represent an 18.1 percent increase over the 94,307 registrations recorded in 2023.

“In comparison to pre-pandemic figures, the growth in registrations is even more impressive. The registrations in 2025 have surpassed the 2019 levels (50,045), reflecting an increase of 122.6 percent. Furthermore, they are nearly four times the 2020 figures (28,822), showcasing a 286.6 percent increase when the market faced significant challenges due to the COVID-19 outbreak,” stated Anarock Group in its latest report, referencing IGR data.

Alongside the surge in registrations, collections from stamp duty and registration fees have also risen significantly.

During the first nine months of this year, revenues reached an all-time high of Rs 10,094.22 crore, exceeding the previous record of Rs 8,876.42 crore set in 2024.

This reflects a 13.7 percent increase year-on-year and a staggering 421 percent rise compared to the Rs 1,937.32 crore collected during the pandemic slump in 2020, as highlighted in the report.

“This ongoing growth can be attributed to a blend of strong housing demand, accelerated infrastructure initiatives, premium project launches, and stable policy frameworks. With 2025 already surpassing the Rs 10,000 crore threshold in just nine months, the year is poised to become the most successful one yet for property registrations and collections,” said Anuj Puri, Chairman of Anarock Group.

The persistent performance signals a structurally stronger real estate market, driven by both end-users and investors, paving the way for continued growth in the future, he added.

The IGR data highlights the real estate sector’s impressive recovery over recent years.

In the years 2019 to 2020, both registrations and revenues experienced a significant decline due to the pandemic. In 2021, the market began to revive with 86,072 registrations and revenues exceeding Rs 4,252 crore.

The upward trend continued in 2022, with revenues surpassing the Rs 6,600 crore mark, representing a 55 percent increase from 2021. Moreover, from 2023 to 2025, the market not only stabilized but also surged, breaking previous records.