Mumbai recorded 3,683 property registrations during the 11-day Diwali period from 1 to 11 November 2026, marginally higher than the 3,668 registrations in the corresponding period last year, according to data from the Maharashtra Department of Registrations and Stamps analysed by Knight Frank India. Revenue collections increased 13 per cent year-on-year (YoY) to Rs 3.84 billion, compared with Rs 3.39 billion in 2025.

Both registrations and revenue collections reached their highest levels for the corresponding Diwali period in four years. While registrations grew by 0.4 per cent, the faster increase in revenue collections indicates a rise in the value of properties registered during the period.

Mumbai's residential property market has maintained its momentum since October, when the city recorded 12,690 registrations, up 9 per cent YoY. Between January and October 2026, registrations increased 7 per cent to 132,040 units, against an already elevated base, indicating sustained housing demand.

Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India, said the marginal increase in Diwali-period registrations indicated broadly stable transaction volumes, while the 13 per cent rise in revenue collections pointed to higher-value transactions. He added that the growth in registrations during the first 10 months of the year reflected continued homebuyer interest and the resilience of Mumbai's housing market.

Mumbai recorded 3,419 property registrations during Shraddh 2026, from 26 September to 10 October, a period traditionally considered inauspicious for property purchases. This was followed by 4,680 registrations during Navratri, from 11 to 19 October. Activity across both periods indicated continued homebuyer participation ahead of the Diwali season.