Mumbai records highest Diwali-period property registrations in four years
Real Estate

Mumbai records highest Diwali-period property registrations in four years

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.

Registrations remained active through Shraddh and Navratri

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.

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.Registrations remained active through Shraddh and NavratriMumbai 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.

Related Stories

Gold Stories

Next Story
Real Estate

IGBC to drive India's transition towards Net Zero cities

India has emerged as the world's second-largest green building market, with more than 20,620 registered projects covering 16.55 billion sq ft. Building on this momentum, the Confederation of Indian Industry (CII)-Indian Green Building Council (IGBC) will organise the 24th Green Building Congress 2026 from 26 to 28 November at the Jio World Convention Centre, Mumbai. The three-day international conference and exhibition will focus on accelerating the adoption of green and Net Zero solutions across buildings, campuses and cities.The Congress is expected to bring together over 3,000 delegates, 10..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code