E-Paper
Property registration in city up 4.77%
In March 2026, Mumbai recorded over 15,705 property registrations, up from 15,501 in the same month the previous year
Prefer HTon Google
Mumbai: Property registrations in the city increased by 4.77% in the 2025-26 financial year compared to the previous financial year, while collection from stamp duty increased 6.5% over the same period, data from the Inspector General of Registration shows.
A total of 1,50,705 property documents were registered in the city in 2025-26, compared to 1,43,844 in 2024-25, representing a 4.77% increase. In March 2026, Mumbai recorded over 15,705 property registrations, up from 15,501 in the same month the previous year.
Earnings from stamp duty in 2025-26 was ₹13,636.32 crore, compared with ₹12,804.64 crore in 2024-25, the data shows.
According to international property consultant Knight Frank, apartments up to 1,000 square feet (sqft) accounted for 85% of the total property transactions in Mumbai in March 2026. Within this, the 500-1,000 sqft segment strengthened its lead, its share increasing from 44% a year earlier to 47%, while units below 500 sqft saw a marginal decline from 40% to 38%, and larger unit categories remained broadly stable.
Manju Yagnik, Vice Chairperson of the Nahar Group and Senior Vice President of NAREDCO-Maharashtra said the 2025–26 financial year saw robust demand.
“The market continues to move towards premium, well-planned developments, driven by evolving aspirations and rapid urbanisation. Price appreciation has remained measured at around 8%, indicating stability backed by genuine end-user demand. At the same time, residential supply has expanded steadily, growing 17% between 2022 and 2025 to around 4.19 lakh units, with a strong pipeline ahead,” Yagnik said.
Pankaj Kapoor, Managing Director, Liases Foras, said the number of Permanent Alternate Accommodation Agreements, which guarantee owners a new, permanent flat in redeveloped buildings, weren’t as high as imagined.
“They comprise a very small number in the overall sales in Mumbai’s real estate market,” Kapoor said.
Stay updated with all the Breaking News and Latest News from Mumbai. Click here for comprehensive coverage of top Cities including Bengaluru, Delhi, Hyderabad, and more across India along with Stay informed on the latest happenings in World News.
