Mumbai property registrations hit 14-year April high with 13,864 deals in 2026
Mumbai's residential real estate market is set to record 13,864 property registrations in April 2026, a 6 per cent year-on-year rise and the highest April tally in 14 years, according to a report by Knight Frank India released on 30 April 2026. The data, sourced from the Maharashtra Department of Registrations and Stamps, signals continued end-user confidence in one of India's most competitive housing markets.
Key Numbers at a Glance
The state exchequer is projected to collect over ₹1,114 crore in stamp duty revenue in April 2026, a modest 1 per cent year-on-year rise. The previous April peak was recorded in April 2025, making this year's tally a fresh 14-year high. Stamp duty collections remained largely stable despite the volume surge, reflecting what analysts describe as a shift in the transaction mix — a greater share of mid-ticket deals relative to premium ones.
Sequential Moderation Is Seasonal, Not Structural
On a month-on-month basis, registrations moderated 13 per cent in April 2026, while revenue collections dropped 27 per cent compared to March 2026. However, Knight Frank India contextualised this as a recurring seasonal pattern rather than a market reversal. Historically, both registrations and stamp duty revenue soften in April after a strong March-end push driven by financial year-end closures.
Shishir Baijal, International Partner, Chairman and Managing Director of Knight Frank India, said:
