Mumbai recorded around 12,580 property registrations in August 2026, the highest August total in 14 years, generating about ₹1,131 crore in stamp duty. Registrations included primary and secondary transactions, mostly residential. August registrations rose roughly 12–13% year on year but fell from July; registrations over the first eight months of 2026 grew around 7%. Knight Frank India’s Vivek Rathi said global uncertainty, high interest rates and rising prices had not prevented market resilience, with stronger participation in premium and higher-value homes. He said Mumbai’s affordability was stretched: registrations of homes priced up to ₹50 lakh and between ₹50 lakh and ₹1 crore had declined, while higher-value segments maintained growth. Track2Realty CEO Ravi Sinha said demand was increasingly concentrated in homes above ₹3 crore and in luxury and ultra-luxury projects, pushing salaried and working-class buyers towards areas outside core Mumbai, including Navi Mumbai and “Mumbai 3.0.”

Mumbai recorded 12,315 property registrations in May 2026, up 7% year-on-year and the highest May total in 14 years, according to Maharashtra Department of Registrations and Stamps data analysed by Knight Frank India. Stamp duty revenue was ₹1,051 crore, down 1% year-on-year. Month-on-month, registrations fell 14% and stamp duty collections declined 9%. May’s registrations exceeded the previous May peak, recorded in 2025.

In March 2026, Mumbai recorded 15,983 property transactions and ₹1,534 crore in stamp duty revenue, the highest monthly totals in the recent period covered by the data. April registrations crossed 13,864, up 6% from 13,080 a year earlier; stamp duty collections exceeded ₹1,114 crore.