Particle.news

Download on the App Store

Mumbai Property Registrations Hit 13-Year April High with Over 12,000 Transactions

Driven by end-user demand and premium housing, April 2025 saw a 4% year-on-year increase in property registrations despite a 6% drop in stamp duty revenue.

Image
Mumbai is on track to record over 12,142 property registrations in April 2025, marking a 4% increase from 11,648 registrations in April 2024,
Mumbai clocks all-time high of 52,896 new property registrations (photo:IANS)
Image

Overview

  • Mumbai recorded 12,142 property registrations in April 2025, marking the highest April volume in 13 years, a 4% increase from April 2024.
  • Residential properties accounted for 80% of transactions, highlighting strong end-user demand as a key market driver.
  • Premium properties priced at ₹2 crore and above rose to 25% of registrations, up from 22% a year earlier, reflecting growing interest in high-end housing.
  • Stamp duty collections fell 6% year-on-year to ₹990 crore, attributed to increased ready reckoner rates effective April 1, 2025.
  • Western and Central suburbs dominated with 85% of registrations, while Central and South Mumbai saw a slight 1% increase in market share.