According to Knight Frank India, the city – covering areas under the BMC – registered 12,219 properties in November 2025, a 20 per cent increase over the same month last year.
Stamp duty collections also increased by 12 percent year-on-year to Rs. 1,038 crore – indicating a sustained buying momentum.
On a month-on-month basis, registrations have increased by 5 per cent, while stamp duty collections have remained stable.
From January to November 2025, 1,35,807 property registrations have been registered in Mumbai, costing the state government Rs. 12,224 crore contributes more than Rs.
During this period, registrations increased by 5 percent year-over-year and revenues increased by 11 percent, indicating solid real estate activity in the city throughout the year.
Knight Frank India Chairman and Managing Director Shishir Baijal said Mumbai’s residential market has maintained its strong momentum.
He noted that the 20 per cent year-on-year increase in enrollments and 12 per cent growth in incomes reflects continued demand across the segment and a clear shift towards higher value homes.
With over 1.35 lakh registrations in eleven months, Baijal said the market is now operating at a structurally high level with consistent monthly activity.
He added that the stability in both sales volume and revenue reflects a mature demand cycle and sustained buyer confidence.
Demand for high-priced homes continues to rise in November. Rs. Properties priced above Rs 5 crore accounted for 7 per cent of the total registrations, up from 5 per cent a year ago.
Meanwhile, due to affordability pressures Rs. The share of houses priced below Rs 1 crore declined. Rs. 2-5 crore mid-range segment remained stable, while Rs. 1 crore and Rs. Their share among households between 2 crore will increase from 31 percent in 2024 to 33 percent in 2025.
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