📰 Mumbai Real Estate Faces Festive Slowdown: Dhanteras & Diwali Property Registrations Hit New Lows

Mumbai’s real estate market saw a festive slump as Dhanteras and Diwali property registrations fell well below average, signalling early signs of a slowdown amid firm developer pricing and hesitant buyers.

How many homes did Mumbai sell in 10 days of Navratri?

Mumbai sold 6,238 homes during the 10 days of Navratri 2025, recording a 20% YoY surge and ₹587 crore in stamp duty revenue. Early festive timing and strong demand drove the city’s best September in a decade.

Kartik Aaryan Buys Plot in HoABL’s Alibaug Project for ₹2 Crore

Kartik Aaryan has acquired a 2,000 sq. ft. plot worth ₹2 crore in HoABL’s Château de Alibaug project. The transaction underscores Alibaug’s emergence as a prime real estate destination, supported by infrastructure upgrades like the Mumbai Trans Harbour Link and Navi Mumbai International Airport, and rising demand for premium second homes near Mumbai.

Mumbai Records Strongest Half-Yearly Property Registrations Since 2013

Mumbai’s real estate market achieved its best half-yearly performance since 2013, recording 75,982 property registrations and ₹6,727 crore in revenue during H1 2025. While compact homes dominated transactions, premium property sales remained strong, highlighting resilient buyer demand across segments.

For the first time since 2022, Mumbai’s unsold inventory in the luxury housing segment has risen by 36%

Mumbai’s luxury housing market saw a 36% rise in unsold homes in Q1 2025 — the first yearly increase since 2022 — even as overall property registrations and state revenue surged to record levels. High new supply, rising prices, and economic headwinds slowed luxury sales, but strong momentum continues in mid-to-premium housing.