Mumbai city (under BMC jurisdiction) recorded 12,366 property registrations in July 2025, generating Rs 11.01 billion for the state exchequer. While registrations remained broadly flat year-on-year, stamp duty collections rose by 3 per cent, aided by growth in high-ticket transactions. On a month-on-month basis, registrations grew by 7 per cent and collections by 6 per cent. Residential demand continued to dominate, accounting for 80 per cent of all July registrations. Mumbai Property Sale Registration and Government Revenue Collection  (Source: Maharashtra Govt – Dept. of Registrations and Stamps; Knight Frank Research) From January to July 2025, Mumbai recorded 88,426 property registrations—a 4 per cent YoY rise. Revenue from these registrations stood at Rs 7,832 crore, up 13 per cent YoY. Both metrics marked their strongest Jan–July performance since 2013. Jan–July Property Sale Registrations and Revenue (Source: Maharashtra Govt – Dept. of Registrations and Stamps; Knight Frank Research) Quote: Shishir Baijal, Chairman & Managing Director, Knight Frank India, stated, “Mumbai’s residential market continues to show steady buyer confidence, with monthly registrations consistently crossing the 12,000 mark in residential registrations. While there has been some softening in demand for mid-ticket segments, demand for larger homes and properties priced above INR 5 crore remains strong, supporting healthy revenue collections.” Registrations remain skewed toward higher price brackets, with properties over Rs 5 crore increasing their share from 5 per cent in July 2024 to 6 per cent in July 2025. Meanwhile, the Rs 1–5 crore segment saw a dip in contribution. Apartments up to 1,000 sq ft led transactions, forming 82 per cent of all sales. The 500–1,000 sq ft category was the most preferred. Larger apartments also saw steady demand. The Western and Central Suburbs together accounted for 88 per cent of registrations, up from 86 per cent a year ago. South Mumbai’s share declined, reflecting a softening in activity in the city's traditional premium markets.