New Delhi, Dec 31 (NationPress) In 2025, Mumbai achieved a remarkable milestone with 150,254 property registrations, marking the highest total in 14 years. Additionally, stamp duty collections soared to Rs 13,487 crore, which also represents a peak not seen in over a decade, according to a report released on Wednesday.

The findings from Knight Frank India highlighted that the momentum continued through the end of the year, with 14,447 registrations in December alone, generating Rs 1,263 crore for the state's coffers. This signified a 16 percent increase in registrations year-on-year, alongside an 11 percent growth in stamp duty collections.

On a sequential basis, December registrations experienced an 18 percent surge, while stamp duty revenues rose by 22 percent, with residential properties making up 80 percent of December's activity.

The increase in registrations and stamp duty collections indicated a strong market driven by both volume and improving transaction values, the report noted.

“This landmark achievement reflects the market's underlying resilience and depth, fueled by sustained demand from end-users and a more favorable supply-side environment,” stated Shishir Baijal, International Partner, Chairman & Managing Director of Knight Frank India.

The real estate consultancy reported that registrations in 2025 rose by 6 percent compared to 2024, with March identified as the peak month where registrations surpassed 15,000.

Trends in ticket sizes shifted towards higher price ranges, with properties priced over Rs 5 crore accounting for 7 percent of December's registrations, an increase from 6 percent a year prior. Meanwhile, the 1–2 crore segment grew to 32 percent from 30 percent.

Units measuring up to 1,000 sq ft continued to dominate the market, constituting 82 percent of registrations, with the 500–1,000 sq ft range being the most sought after, according to the report.

“The rise in stamp duty collections points to a gradual enhancement in per-unit transaction values. This trend is bolstered by a significant improvement in affordability, with Mumbai now at 47 percent, a stark contrast to previous levels where EMIs consumed nearly 97 percent of household income,” Baijal added.

This shift clearly indicates that homebuyers in Mumbai are both prepared and able to invest capital at the appropriate price points and with suitable product offerings, he concluded.