Mumbai city (area under BMC jurisdiction), recorded 11,230 property registrations, reflecting a modest dip of 3 per cent Y-o-Y. Stamp duty collection from property registrations stood at Rs 10 billion, resulting in a 6 per cent Y-o-Y decline in the same period. On a month-on-month (MoM) basis, property registrations and stamp duty collections declined by 11 per cent. The market continues to be driven by residential demand, with 80 per cent of all registrations in the month attributed to residential properties. Over 99,869 property registrations in the first eight months of 2025, contributing more than Rs 88.54 billion to the state exchequer during this period. Property registrations observed a 3 per cent Y-o-Y growth while revenue grew by 11 per cent Y-o-Y during the same period. Sustained buyer confidence has fuelled consistent sales, driven by city's property registration growth. Shishir Baijal, Chairman & Managing Director, Knight Frank India, stated, “Mumbai’s housing market has remained consistent in 2025, with monthly registrations staying above 11,000 and revenue collections crossing Rs 10 billion. While August saw a modest 3per cent dip, the city remains firmly on track, inching towards the 100,000 registration milestone for the year. Demand for homes up to 1,000 sq. ft continues to remain resilient, and transactions in the Rs 50 million-plus segment have also held steady. Together, these trends underline the strength of end-user activity and the market’s enduring momentum”. The momentum of registrations in Mumbai continues to tilt toward the higher price brackets. Homes priced above INR 5 crore accounted for 6 per cent of total registrations in August 2025, up from 5 per cent a year earlier, reflecting steady demand in the luxury segment. Meanwhile, the INR 1–5 crore mid-market range saw its share decline as affordability challenges weighed on buyer sentiment in this bracket. The 2–5 crore range registered a 3 per cent decline, which at this stage looks like a one-off and will have to be watched closely to see if it persists. Properties up to 1,000 sq ft continue to lead in registrations Compact apartments remained the mainstay of demand. Units up to 1,000 sq ft contributed 85 per cent of all registrations, slightly higher than last year. The 500–1,000 sq ft segment was the most preferred, striking a balance between affordability and usable space for end-users. Larger homes retained a niche buyer base, with 1,000–2,000 sq ft units inching up to 13 per cent and apartments above 2,000 sq ft steady at 3 per cent. Western Suburb and Central Suburb account for 86 per cent of the total market share The suburban markets continued to anchor activity. The Western and Central Suburbs together comprised 86 per cent of registrations in August 2025. The Western Suburbs led with 54 per cent, while the Central Suburbs contributed 32 per cent. In contrast, South Mumbai held at 7 per cent, and Central Mumbai slipped to 7 per cent.