Mumbai Property Registrations Mark Best November Since 2013: Knight Frank India

01 Dec 2025 CW Team

Mumbai recorded over 135,807 property registrations in the first eleven months of 2025, contributing more than Rs 12,224 crore (Cr) to the state exchequer during this period. Property registrations observed a 5 per cent Y-O-Y growth while revenue grew by 11 per cent Y-O-Y during the same period. Sustained buyer confidence has fueled consistent sales, driven by city's property registration growth.

Shishir Baijal, Chairman & Managing Director, Knight Frank India, stated “Mumbai’s residential market has extended its steady momentum into November, posting a 20 per cent Y-O-Y rise in registrations and marking the city’s best November since 2013. Revenue increased 12 per cent, supported by firm demand across segments and a clear shift toward higher-value homes. With registrations crossing 135,000 units in the first eleven months, the market is operating at a structurally higher baseline, and monthly activity has consistently stayed healthy. The stability in both volumes and revenue highlights a mature demand cycle and continued buyer confidence across Mumbai.”

Registration momentum in Mumbai continues to tilt toward the higher price brackets. Homes priced above INR 5 cr accounted for 7 per cent of total registrations in November 2025, up from 5 per cent a year earlier, reflecting demand in the luxury segment. Meanwhile, the less than 1 cr range saw its share decline as affordability challenges weighed on buyer sentiment in this bracket. The 2–5 cr range remained stable, while the share of properties worth INR 1 to 2 cr increased from 31 per cent in 2024 to 33 per cent in 2025.

Properties up to 1,000 sq ft continue to lead in registrations

Units up to 1,000 sq ft contributed 84 per cent of all registrations, in-line to 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 edging up to 13 per cent and apartments above 2,000 sq ft rose to 4 per cent.

Western Suburb and Central Suburb account for 85 per cent of the total market share

The suburban markets continued to anchor activity. Western and Central Suburbs accounted for 85 per cent of the total registrations in November 2025. The Western Suburbs led with 56 per cent, while the Central Suburbs contributed 29 per cent. In contrast, South Mumbai held at 9 per cent, and Central Mumbai slipped to 6 per cent.

Mumbai city (area under BMC jurisdiction) recorded 12,219 property registrations in November, marking a 20 per cent year-on-year (Y-O-Y) increase. Stamp duty collections touched Rs 1,038 crore, up 12 per cent Y-O-Y. On a month-on-month (MoM) basis property registrations increased by 5 per cent and stamp duty remained stable. The market continues to be driven by residential demand, with 80 per cent of all registrations in the month attributed to residential properties.Mumbai recorded over 135,807 property registrations in the first eleven months of 2025, contributing more than Rs 12,224 crore (Cr) to the state exchequer during this period. Property registrations observed a 5 per cent Y-O-Y growth while revenue grew by 11 per cent Y-O-Y during the same period. Sustained buyer confidence has fueled consistent sales, driven by city's property registration growth.Shishir Baijal, Chairman & Managing Director, Knight Frank India, stated “Mumbai’s residential market has extended its steady momentum into November, posting a 20 per cent Y-O-Y rise in registrations and marking the city’s best November since 2013. Revenue increased 12 per cent, supported by firm demand across segments and a clear shift toward higher-value homes. With registrations crossing 135,000 units in the first eleven months, the market is operating at a structurally higher baseline, and monthly activity has consistently stayed healthy. The stability in both volumes and revenue highlights a mature demand cycle and continued buyer confidence across Mumbai.”Registration momentum in Mumbai continues to tilt toward the higher price brackets. Homes priced above INR 5 cr accounted for 7 per cent of total registrations in November 2025, up from 5 per cent a year earlier, reflecting demand in the luxury segment. Meanwhile, the less than 1 cr range saw its share decline as affordability challenges weighed on buyer sentiment in this bracket. The 2–5 cr range remained stable, while the share of properties worth INR 1 to 2 cr increased from 31 per cent in 2024 to 33 per cent in 2025.Properties up to 1,000 sq ft continue to lead in registrationsUnits up to 1,000 sq ft contributed 84 per cent of all registrations, in-line to 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 edging up to 13 per cent and apartments above 2,000 sq ft rose to 4 per cent.Western Suburb and Central Suburb account for 85 per cent of the total market shareThe suburban markets continued to anchor activity. Western and Central Suburbs accounted for 85 per cent of the total registrations in November 2025. The Western Suburbs led with 56 per cent, while the Central Suburbs contributed 29 per cent. In contrast, South Mumbai held at 9 per cent, and Central Mumbai slipped to 6 per cent.

Infrastructure Transport

12 Jan 2026

Dhalbhumgarh Airport Faces 150-km Rule Hurdle

The issue has resurfaced following a recent statement by Union Civil Aviation Minister Ram Mohan Naidu, who said that under existing aviation policy, a new greenfield airport is generally not permitted within an aerial distance of 150 kilometres of an operational civilian airport. He added, however, that if a formal proposal is submitted, its impact on the existing airport can be examined and relaxations may be considered on a case-by-case basis. While the clarification has revived some hope for Dhalbhumgarh, it has also underlined the scale of the technical challenge facing the project. Unde..

Infrastructure Transport

12 Jan 2026

Stakeholders Seek Parallel Ops For Vizag Airports

With road and metro rail links to Bhogapuram still several years away, stakeholders in north Andhra Pradesh have renewed demands to continue civil operations at INS Dega even after the commissioning of Bhogapuram International Airport. The new airport is expected to begin commercial operations from June. Officials said close to 80 per cent of the airport infrastructure at Bhogapuram, including the terminal building and internal approach roads, has already been completed. However, inadequate external connectivity remains a key concern. Making a case for parallel operations, Andhra Pradesh Air ..

Infrastructure Transport

12 Jan 2026

Govt To Roll Out V2V Tech To Cut Road Crashes

In an effort to curb road accidents, particularly in low-visibility conditions such as dense fog, the government is set to roll out vehicle-to-vehicle (V2V) communication technology that will allow cars to exchange real-time data and alert drivers to potential dangers. The announcement was made by Union Road Transport and Highways Minister Nitin Gadkari after the 43rd meeting of the Transport Development Council. The technology involves installing an on-board unit (OBU) in vehicles, enabling wireless data exchange between nearby cars. This will allow vehicles to share information such as spee..