Is Mumbai's Property Market Thriving with Second-Highest Registrations in June? Report Reveals

Mumbai, June 30 (NationPress) The property market in Mumbai showcased its robust performance in June 2025, with a remarkable 11,211 properties registered by noon on June 30. This figure marks the second-highest registration for the month of June in the past six years, as per a recent report released on Monday.

In spite of global uncertainties and a general slowdown in housing sales, the city's real estate sector demonstrated incredible resilience.

The total revenue generated from property registrations in June reached a significant Rs 1,004 crore, according to data compiled by Anarock Research.

Anuj Puri, Chairman of Anarock Group, remarked: "June 2025 witnessed Mumbai achieving its second-highest property registrations for this month in six years, with 11,211 properties changing hands and revenue collections soaring to an impressive Rs 1,004 crore."

He further added, "Mumbai’s real estate continues to deliver strong numbers, even as the pace has cooled slightly."

According to data from the Maharashtra State Revenue Department, both property registrations and revenue collections in Mumbai reached unprecedented levels between January and June 2025.

By June 30 noon, India’s financial capital recorded a total of 75,672 property registrations, reflecting a 4 percent increase from 72,491 in the first half of 2024, as reported by the Inspector General of Registration (IGR).

Furthermore, revenue from these registrations skyrocketed to Rs 6,699 crore, marking a robust 14 percent increase compared to last year’s Rs 5,874 crore for the same period.

The revenue for the first half of 2025 also set records, reaching Rs 6,699 crore—a 14 percent rise from Rs 5,874 crore during the same timeframe in 2024.

This surge occurred even as overall housing sales in the Mumbai Metropolitan Region (MMR) saw a sharp decline.

The report indicated that approximately 1.89 lakh housing units were sold in the first half of 2025, marking a 32 percent drop compared to the first half of 2024.

The announcement of a 3.9 percent increase in Maharashtra’s ready reckoner rates for FY26 motivated many buyers to register their properties before the hike took effect.

Consequently, March alone recorded 15,501 registrations, generating over Rs 1,589 crore in revenue—one of the highest monthly collections in recent years.

Interestingly, the average ticket size of homes sold in the first half of 2025 rose to Rs 1.60 crore, the highest in recent years.

This is more than 3 percent higher than Rs 1.56 crore in the first half of 2024 and a significant 55 percent increase compared to Rs 1.02 crore in the first half of 2021.

This trend indicates that more buyers are opting for premium homes over affordable options.