Mumbai’s Residential Market Holds Steady While Office Rentals See Double-Digit Growth in H1 2025

Mumbai’s property market in the first half of 2025 showcased resilience, with office rents jumping 12% year-on-year despite a modest drop in leasing volumes. Residential sales stayed strong at over 47,000 units, supported by infrastructure growth and rising buyer preference for larger homes.

Mumbai Sees Surge in Property Registrations and Stamp Duty Revenue in January 2025

Mumbai recorded 12,048 property registrations in January 2025, generating ₹974 crore in stamp duty revenue. This marks a 9.86% increase in registrations and a 28.15% rise in revenue compared to January 2024. However, compared to December 2024, registrations dipped by 2.98%, while revenue declined by 14.12%.