Mumbai Real Estate Market Slips: October Sees Over 11,000 Property Registrations but a Clear Slowdown is Emerging

Mumbai’s real estate market shows the first signs of fatigue — property registrations fell 14% YoY in October 2025, and stamp duty revenue dropped 17%. Experts say the festive shift and cautious buyers point to a cooling phase in India’s most vital housing market.

Mumbai’s Festive Gloom: Property Registrations Hit New Low, Signalling a Slowdown Ahead

Mumbai’s Diwali week brought no festive cheer to real estate — property registrations fell to just 915 between October 20 and 26. With prices still high and buyers hesitant, the city’s housing market may be facing an early sign of slowdown.