Mumbai Sees Strongest November Registrations in a Decade

01 Dec 2025 CW Team

Mumbai city, under the BMC jurisdiction, recorded 12,219 property registrations in November, reflecting a 20 per cent year-on-year rise. Stamp duty collections reached Rs 10,380 crore, an increase of 12 per cent over the same period last year. On a month-on-month basis, registrations rose 5 per cent while revenue remained stable. Residential demand continued to dominate, contributing 80 per cent of all registrations. According to Knight Frank India, November marked the city’s strongest performance for the month since 2013, supported by sustained demand across segments and a clear shift towards higher-value homes. With more than 0.135 million registrations in the first eleven months of the year, activity levels have settled at a structurally higher base, reflecting a mature demand cycle and steady buyer confidence. Registration trends continued to tilt towards premium housing. Homes priced above Rs 50 million accounted for 7 per cent of registrations, up from 5 per cent last year, underscoring growing interest in the luxury segment. Properties priced below Rs 10 million saw a decline in share due to affordability pressures. The Rs 2–5 crore category remained stable, while registrations in the Rs 10–20 million segment increased from 31 per cent to 33 per cent. Units up to 1,000 sq ft remained the preferred choice, making up 84 per cent of registrations. The 500–1,000 sq ft range was the most sought after, offering a balance of affordability and usable space. Larger homes also saw marginal traction, with 1,000–2,000 sq ft units rising to 13 per cent and apartments above 2,000 sq ft reaching 4 per cent. Suburban markets continued to dominate activity, accounting for 85 per cent of total registrations. The Western Suburbs led with a 56 per cent share, followed by the Central Suburbs at 29 per cent. South Mumbai retained a 9 per cent share, while Central Mumbai stood at 6 per cent.

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