75,982 properties were registered in Mumbai in the first half of 2025
Mumbai: 75,982 properties were registered in Mumbai City (the area under BMC) in the first half (January-June) period of 2025. It has registered an increase of 5 percent on an annual basis. This information was given in a report released on Monday.
The Knight Frank India report said that the revenue from these property registrations grew 15 percent year-on-year to Rs 6,727 crore. It also said that both these parameters have performed the strongest half-year since 2013. The report said that 11,521 properties were registered in Mumbai in the month of June, a decline of 1 percent on an annual basis, while the revenue from these registrations stood at Rs 1,031 crore, which is 2 percent more than the same month last year. More than 80 percent of these registrations were residential.
Shishir Baijal, chairman and managing director, Knight Frank India, said, “Mumbai’s residential market reflects buyer confidence, as registrations have consistently remained above 11,000. What is particularly encouraging is that this sustained demand has led to property registrations in the city being the strongest in over a decade on a half-yearly basis.” “While we have seen some cooling in the mid-price segment, demand for homes above Rs 5 crore remains strong,” the report noted. June saw a distinct shift in buyer activity, with momentum tilting towards higher price segments. The share of registrations for properties priced above Rs 5 crore rose to 6 per cent from 5 per cent in June last year.
Apartments up to 1,000 sq ft dominated Mumbai’s residential registrations in June, accounting for 84 per cent of all transactions, broadly stable compared to 83 per cent in June 2024. Of these, the 500-1,000 sq ft segment remained the most popular, with its share rising from 44 per cent to 45 per cent.
The share of units up to 500 sq ft remained stable at 39 per cent year-on-year. Larger apartments maintained their presence, with the share of units sized 1,000-2,000 sq ft remaining unchanged at 13 per cent and units above 2,000 sq ft remaining stable at 3 per cent.
