Mumbai Registers 11,541 Property Deals in February 2025
Real Estate

Mumbai Registers 11,541 Property Deals in February 2025

According to Knight Frank India, while property registrations in the Mumbai real estate market have moderated, signs of stabilisation are emerging. The market saw a 4 per cent Year-on-Year (YoY) decline in registrations, with 11,541 properties registered in February 2025, compared to 12,056 in the same period last year, based on data from the Maharashtra Inspector General of Registration (IGR).

Nevertheless, stamp duty collections remained steady in February 2025, reaching Rs 8.96 billion (bn), which is almost identical to the Rs. 8.85 bn collected in February 2024. On a month-on-month comparison, January 2025 saw 12,249 properties registered, with stamp duty collections totalling Rs 9.94 bn.

Mumbai's residential market has experienced significant shifts in micro-market preferences. The central suburbs saw the largest increase in market share, rising from 29 per cent in January 2024 to 33 per cent in January 2025. Central Mumbai and South Mumbai also saw growth, with their market shares increasing to 11 per cent.

Here is what real estate industry leaders have to say on the registrations numbers in February 2025.

Prashant Sharma, President, NAREDCO Maharashtra: ""The Mumbai real estate market is entering a phase of stability, which is a positive sign for long-term growth. The consistency in stamp duty collections highlights the market's resilience and enduring strength. As developers, we are confident in the continued potential of Mumbai’s real estate sector, especially with the rising demand for high-end residential properties and a clear shift toward more spacious homes.""

Shraddha Kedia-Agarwal, Director, Transcon Developers: ""The Mumbai real estate market continues to show strong growth potential despite a slight dip in registrations. We’ve observed a shift towards larger residential units, reflecting the growing preference for more spacious living in the city. This trend aligns with evolving consumer preferences, and we are focused on meeting these demands with our upcoming projects.""

Rohan Khatau, Director, CCI Projects: ""The moderation in property registrations, alongside stable stamp duty collections, reflects the maturity and resilience of Mumbai’s real estate market. We are witnessing a clear shift in buyer preferences toward larger homes and a growing demand for properties in suburbs. At CCI Projects, we are well-positioned to meet these evolving needs by offering thoughtfully designed, spacious living spaces that align with the aspirations of modern homebuyers.

Samyak Jain, Director, Siddha Group: ""The shift in Mumbai’s property market, particularly the growing demand for larger residential units, is an encouraging sign for the sector. The strong performance signals continued growth. We are excited about the opportunities this evolving trend presents and look forward to contributing to the future growth of Mumbai’s real estate market.


According to Knight Frank India, while property registrations in the Mumbai real estate market have moderated, signs of stabilisation are emerging. The market saw a 4 per cent Year-on-Year (YoY) decline in registrations, with 11,541 properties registered in February 2025, compared to 12,056 in the same period last year, based on data from the Maharashtra Inspector General of Registration (IGR).Nevertheless, stamp duty collections remained steady in February 2025, reaching Rs 8.96 billion (bn), which is almost identical to the Rs. 8.85 bn collected in February 2024. On a month-on-month comparison, January 2025 saw 12,249 properties registered, with stamp duty collections totalling Rs 9.94 bn.Mumbai's residential market has experienced significant shifts in micro-market preferences. The central suburbs saw the largest increase in market share, rising from 29 per cent in January 2024 to 33 per cent in January 2025. Central Mumbai and South Mumbai also saw growth, with their market shares increasing to 11 per cent.Here is what real estate industry leaders have to say on the registrations numbers in February 2025.Prashant Sharma, President, NAREDCO Maharashtra: The Mumbai real estate market is entering a phase of stability, which is a positive sign for long-term growth. The consistency in stamp duty collections highlights the market's resilience and enduring strength. As developers, we are confident in the continued potential of Mumbai’s real estate sector, especially with the rising demand for high-end residential properties and a clear shift toward more spacious homes.Shraddha Kedia-Agarwal, Director, Transcon Developers: The Mumbai real estate market continues to show strong growth potential despite a slight dip in registrations. We’ve observed a shift towards larger residential units, reflecting the growing preference for more spacious living in the city. This trend aligns with evolving consumer preferences, and we are focused on meeting these demands with our upcoming projects.Rohan Khatau, Director, CCI Projects: The moderation in property registrations, alongside stable stamp duty collections, reflects the maturity and resilience of Mumbai’s real estate market. We are witnessing a clear shift in buyer preferences toward larger homes and a growing demand for properties in suburbs. At CCI Projects, we are well-positioned to meet these evolving needs by offering thoughtfully designed, spacious living spaces that align with the aspirations of modern homebuyers.Samyak Jain, Director, Siddha Group: The shift in Mumbai’s property market, particularly the growing demand for larger residential units, is an encouraging sign for the sector. The strong performance signals continued growth. We are excited about the opportunities this evolving trend presents and look forward to contributing to the future growth of Mumbai’s real estate market.

Next Story
Building Material

Global Research Gathers in Panama to Accelerate Sustainable Concrete

The Innovandi Global Cement and Concrete Research Network (GCCRN) is convening its Spring Week from March 17 to 21, 2025, in Panama City. This pivotal event unites hundreds of delegates from more than 40 academic institutions and more than 30 industrial members worldwide to advance research and innovation in sustainable cement and concrete technologies. The primary focus of the gathering is to foster actionable research aimed at driving decarbonisation in the cement and concrete industry to achieve net-zero concrete by 2050. Davide Zampini, GCCRN Industrial Chair and Vice President of Global ..

Next Story
Real Estate

Signature Global Sets the Foundation for Titanium SPR with Bhoomi Pujan

Signature Global (India), one of India's leading real estate developers, held the Bhoomi Pujan for its premium residential project, Titanium SPR, in Sector 71, Gurugram, marking a key step in its development. The Bhoomi Pujan, a traditional ceremony symbolising a positive and prosperous start, was attended by key stakeholders and company representatives. It showcased Signature Global’s commitment to delivering high-quality homes while reinforcing its vision for modern, well-planned, and sustainable living spaces. On this occasion, Lalit Kumar Aggarwal, Co-founder & Vice Chairman, Signature ..

Next Story
Infrastructure Transport

Nitin Gadkari Inaugurates Butibori and Hingna Facility in Nagpur

GMMCO India, a CK Birla company, announced the inauguration of its fully operational service and supply hubs at Butibori and Hingna, Nagpur. These integrated facilities feature world-class repair, rebuild, and parts distribution hubs, playing a crucial role in supporting customers across India, with a focus on Maharashtra, Madhya Pradesh, Chhattisgarh, Gujarat, and Goa. The facilities were inaugurated by Nitin Gadkari, Union Minister of Road Transport and Highways of India. Spread across 14 acres, the Butibori and Hingna facilities are strategically positioned to provide advanced service infr..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?