New Delhi, January 2, 2026: Mumbai’s real estate market reached a historic milestone in the calendar year 2025, recording the highest annual property registrations in more than 14 years and cementing the city’s position as India’s most active real estate hub. Data from the Inspector General of Registration and Controller of Stamps, Maharashtra, and industry analysis shows that 150,254 properties were registered in the Mumbai Municipal Region during the year – up 6 per cent year-on-year over 2024 – accompanied by robust stamp duty collections of ₹13,487 crore, reflecting an annual growth of 11 per cent and underscoring the continued demand from end-users in the residential segment.
The last month of the year continued the strong annual trend. In December 2025, 14,447 real estate transactions were recorded, generating around ₹1,263 crore in stamp duty – up 16% year-on-year and up 18% from November 2025.
Residential units dominated the activity, accounting for around 80% of total registrations, highlighting the continued interest of end-users in purchasing homes. Homes under 1,000 sq ft continued to dominate buyer preference, contributing around 82% of December registrations, with mid-range properties (₹1-2 crore) increasing their share.
Industry leaders share their insights on this continued upswing.
Mr. Prashant Sharma, President, NAREDCO Maharashtra
“The record of over 1.5 lakh property registrations in Mumbai by 2025, with December posting one of the strongest monthly performances, underlines deep and ongoing buyer confidence in the city’s real estate market. This 14-year high reflects not only seasonal momentum but also underlying demand in both the primary and resale segments. We believe that supportive government policies, better affordability and greater product choice have all contributed to this broad-based growth. The robustness of December reinforces that Mumbai remains an attractive destination for both homebuyers and investors.”
Mr. Kaushal Agarwal, Chairman, The Guardians Real Estate Advisory
“Mumbai’s 2025 registrations of over 1.5 lakh units are a very encouraging sign for the city’s housing ecosystem. The strong December figures, which are significantly higher than last year, indicate that buyer interest has continued throughout the year. This trend is driven by both end-users looking for quality homes and investors recognizing long-term value. As the market matures, we see a mix of affordability and premium demand, with buyers confidently purchasing across all price ranges get going.”
Mr. Vijay Choraria, Managing Director, Crest Ventures Limited
“Mumbai’s record registration numbers in 2025, culminating in a robust December, reflect a market that continues to attract serious homebuyers and investors. The 14-year high illustrates that Mumbai real estate is not just bouncing back, but entering a structurally stronger phase. It is important that developers continue to align with buyer expectations in terms of value, delivery and lifestyle amenities to support this positive trajectory.”
Mr. Kamlesh Thakur, Co-Founder and Managing Director, Srishti Group
“The number of real estate registrations in Mumbai in 2025 exceeded 150,000, with December being one of the best months, reflecting the strength and resilience of the city’s real estate market. This demonstrates both investor confidence and genuine interest from homeowners. As we move into 2026, maintaining product diversity, transparent practices and customer-centric engagement will be critical to building on this momentum.”
Mr. Shilpin Tater, Managing Director of Superb Realty
“The all-time high in property registrations in Mumbai in 2025 underlines the city’s resilience and the revival of real estate activity. The strong December figures reflect strategic purchasing decisions by end-users taking advantage of year-end sentiments and favorable financing conditions. With both registrations and stamp duties reaching record highs, these performances validate renewed optimism in the residential and commercial segments and indicate a balanced growth path towards 2026.”
Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers
“2025 was a landmark year for the Mumbai real estate market, with registrations reaching a 14-year high and closing December at a high. The data shows continued demand for housing across all segments, especially in well-connected suburbs where the supply of quality products meets aspirational needs. The overall positive trend reflects a market driven by real housing demand.”
Mr. Dhatour Shah, Promoter, Ariha Group
“Achieving over 1.5 lakh registered transactions in Mumbai by 2025 is a strong testament to the underlying health of the real estate market and consumer confidence. Such a performance, with December itself making a meaningful contribution, signals continued end-buyer interest and a positive outlook for residential real estate. This momentum should encourage developers and stakeholders to innovate in product quality and customer-centric solutions.”
Corporate Communications India (CCI Newswire)
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