Mumbai’s real estate market continues its upward trend as property registrations and stamp duty revenue witnessed a significant rise in January 2025. According to official data, the city recorded 12,048 property registrations, generating ₹974 crore in revenue through stamp duty collection. This marks a notable increase compared to January 2024, when 10,967 properties were registered, and ₹760 crore was collected in stamp duty.

While the numbers show year-on-year growth, property registrations in January 2025 were slightly lower than in December 2024, when 12,418 properties were registered, generating ₹1,134 crore in revenue.

Year-on-Year Comparison: January 2024 vs. January 2025

Comparing January 2025 with January 2024, property registrations have increased by 9.86% (from 10,967 to 12,048), while stamp duty revenue has surged by 28.16% (from ₹760 crore to ₹974 crore). The sharp rise in revenue suggests a higher value of property transactions, likely influenced by a demand for premium and luxury housing.

Month-on-Month Comparison: December 2024 vs. January 2025

On a month-on-month basis, property registrations in January 2025 declined by 2.98% compared to December 2024 (from 12,418 to 12,048). Similarly, stamp duty revenue saw a 14.11% drop (from ₹1,134 crore to ₹974 crore). This dip is not uncommon, as December typically sees a higher number of property transactions due to year-end investment decisions and tax planning considerations.

Key Takeaways from the Data

  1. Consistent Growth: The Mumbai real estate market remains strong, with property registrations and revenue showing an upward trend compared to last year.
  2. Higher-Value Transactions: The larger percentage increase in revenue compared to registrations suggests that high-value properties are being transacted more frequently.
  3. Seasonal Fluctuations: The slight drop from December 2024 to January 2025 aligns with historical trends where December often sees a peak in registrations.

With a strong start to 2025, Mumbai’s real estate sector is expected to maintain momentum, driven by increasing demand and investor confidence.

Also Read: MMR Real Estate Witnesses 38% Surge in Property Registration

You May Also Like

Housing ROI 2023 – Smooth Sailing or Choppy Waters for Investors? 

By Prashant Thakur, Sr. Director & Head – Research, ANAROCK Group Investment…

Indian REITs Deliver 6-7% Yields, Outperforming Global Peers; Market Cap to Hit $25 Bn by 2030

Despite being a young market, Indian REITs are delivering competitive yields of 6-7%, outperforming many mature markets. A joint report by ANAROCK and CREDAI projects the sector’s market cap to grow from $18 billion to over $25 billion by 2030, driven by diversification into high-demand assets like logistics and data centres.

Amitabh Bachchan Acquires Three Adjoining Land Parcels in Alibaug for ₹6.59 Crore

Bollywood star Amitabh Bachchan has purchased three adjoining land parcels in Alibaug from The House of Abhinandan Lodha (HoABL). The acquisition spans around 8,000 sq ft and was registered for a total of ₹6.59 crore in October 2025.

MHADA Extends Deadline for Lottery Applications

The Nashik Board of MHADA has extended the deadline for submitting applications for 502 flats under the 20% inclusive housing scheme. Applicants can now apply online until March 20, 2025, with EMD payments accepted until March 21. The lottery draw date will be announced soon. Interested buyers must apply only through MHADA’s official website to avoid fraud.