Mumbai Property Market Defies National Slowdown with Resilient June Performance

Mumbai's Property Market Stands Strong

Mumbai Property Market Defies National Slowdown with Resilient June Performance Mumbai's real estate sector continues to show remarkable resilience, even as housing markets across India face significant challenges. The city recorded 11,211 property registrations in June 2025, achieving the second-highest June performance in six years.

Revenue Performance Remains Steady

Despite a modest 1% drop in registrations compared to June 2024, the financial impact was minimal. Revenue collections reached approximately INR 1,004 crore, falling just 1% short of the previous year's figures. This stability in revenue generation highlights the market's underlying strength and buyer confidence.

Record-Breaking First Half Performance

The Maharashtra State Revenue Department data reveals that both property registrations and revenue collection in Mumbai hit all-time highs between January and June 2025. This exceptional performance contrasts sharply with the 32% decline witnessed across major Indian cities during the same period.

Market Dynamics and Buyer Sentiment

Several factors contribute to Mumbai's market resilience:

  • Sustained buyer confidence in the city's long-term prospects
  • Stable interest rates supporting affordability
  • Strong suburban demand driving transaction volumes
  • Premium segment growth maintaining revenue streams

Looking Forward

The steady performance in the first half of 2025 puts Mumbai's property market in a strong position for the rest of this year and the next. Industry experts anticipate continued momentum in the residential segment, as the city maintains its status as India's financial capital.

This robust showing reinforces Mumbai's position as a resilient real estate market capable of weathering broader economic uncertainties while delivering consistent returns for stakeholders.