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last wk.

Mumbai Navratri Property Registrations Fall 25% From Last Year

Analysts attribute the drop to calendar shifts alongside last year’s unusually high Navratri base and say daily activity points to market normalisation.

Mumbai recorded 4,680 property registrations during the nine-day Navratri period from October 11 to 19, 2026, a 25% decline from 6,238 registrations during the corresponding period last year. (Photo for representational purposes only)

Overview

  • Knight Frank India’s analysis of IGR data shows Mumbai recorded 4,680 registrations during Navratri between October 11 and 19, 2026, down 25% from 6,238 in the corresponding period in 2025.
  • Revenue from those Navratri registrations fell 15% year on year to ₹499 crore while average daily collections moderated to about ₹55 crore.
  • Average registrations per working day eased to 669 in 2026 from 693 in 2025, a change analysts say was amplified by Navratri falling on two Sundays this year and a stronger 2025 base.
  • The nearby Shraddh window (September 26–October 10, 2026) bucked the Navratri trend with registrations up about 2% to 3,419 while collections were lower at roughly ₹265 crore.
  • Experts say the pattern reflects festival‑period volatility rather than a market collapse and that future gains will depend on demand across price segments and how housing supply matches buyer preferences.