Mumbai property registrations set to cross 13,600 in July; stamp duty may exceed ₹1,200 crore
Mumbai property registrations update: The financial capital is expected to register 13,617 property transactions in July 2026, an 8.3% year-on-year increase
Mumbai is expected to register 13,617 property transactions in July 2026, an 8.3% year-on-year (YoY) increase and the highest for the month in over 14 years, according to an analysis of Maharashtra Department of Registrations and Stamps data by Knight Frank India.
Mumbai is expected to register 13,617 property transactions in July 2026, an 8.3% year-on-year (YoY) increase and the highest for the month in over 14 years, as per IGR data. (Photo for representational purposes only) (Unsplash)
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The Maharashtra government is also projected to collect ₹1,223 crore in stamp duty, up 8.9% YoY, reflecting sustained demand for higher-value homes despite a high base.
On a sequential basis, property registrations rose 2% month-on-month (MoM), while stamp duty collections increased 13% MoM, indicating continued strength in Mumbai's housing market.
"Mumbai's residential market continues to demonstrate remarkable depth, recording its strongest July performance in over 14 years despite a high comparative base. The sustained momentum reflects resilient end-user demand and enduring confidence in homeownership," said Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India.
"While transaction volumes remained broadly stable both year on year and sequentially, revenue recorded a marked increase, underscoring sustained demand for higher-value homes. Even as buyers become more discerning, demand for quality residential developments remains healthy, supported by the city's strong economic fundamentals, infrastructure-led growth and long-term investment appeal," he added.
How do Mumbai's property registration numbers stack up?
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The latest numbers extend the city's strong run this year. In June 2026, Mumbai recorded more than 13,000 property registrations, up 15% YoY and the highest for the month in over 14 years, with stamp duty collections crossing ₹1,000 crore.
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Earlier, May 2026 saw 12,315 property registrations, a 7% YoY increase and the strongest May performance in over 14 years.
Overall, Mumbai registered 80,221 property transactions across the primary and secondary markets during the first half of 2026, a 6% YoY increase, while stamp duty collections rose 4% to ₹6,968 crore, according to Knight Frank India's analysis of Inspector General of Registration (IGR) data.
Vandana Ramnani leads the real estate vertical at Hindustan Times Digital, bringing over two decades of journalism experience across real estate, education, human resources, and foreign affairs. She specialises in India’s real estate sector, covering residential and commercial markets in Delhi-NCR, Mumbai, and Bengaluru, with in-depth reporting on regulatory developments, urban policy, housing trends, and interviews with industry leaders. Her work has also appeared in the Hindustan Times newspaper and HT Estates. Earlier, Vandana played a key role in establishing the real estate vertical at Moneycontrol (NW18 Group), shaping its editorial direction and market coverage. She has also written extensively on international education for HT Education, tracking global study destinations, policy changes, and student mobility trends, earning the Singapore Education Award 2009 for Best Media Coverage (Print). Her reporting portfolio includes human resources and employment trends for HT ShineJobs and PowerJobs, as well as lifestyle and interior design features for HT Premium Homes. Vandana began her career with the Press Trust of India, gaining strong editorial and reporting expertise. She was also selected for a prestigious fellowship at Fondation Journalistes en Europe in Paris, where she wrote for EuroMag. One of her notable reporting assignments included covering Germany’s capital relocation from Bonn to Berlin. Outside of journalism, Vandana is a passionate traveller, constantly seeking out charming hideaways across India and the lesser-known, offbeat corners of Southeast Asia.
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
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Home/Real Estate/Mumbai property registrations set to cross 13,600 in July; stamp duty may exceed ₹1,200 crore
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