Mumbai Property Market Hits New High: 52,896 Registrations in Jan–April 2025, Revenue Jumps 21%

Mumbai’s property market has kicked off 2025 with record-breaking momentum. The city logged 52,896 property registrations and generated ₹4,633 crore in revenue between January and April — marking an 8% and 21% year-on-year increase, respectively. April 2025 alone saw over 13,000 deals, the highest in seven years, as festive optimism and demand for high-ticket homes boosted activity.

Mumbai Property Market Sees April Uptick with 12,986 Registrations, Akshaya Tritiya Boosts Month-End Surge

Mumbai’s real estate market saw a robust April 2025, with 12,986 properties registered and ₹1,105 crore in revenue collected via stamp duty. A major boost came from Akshaya Tritiya, which alone contributed over 1,200 registrations. While the numbers dipped from March’s year-end highs, they marked a clear improvement over April 2024, reflecting sustained homebuyer interest and market stability.

Mumbai Sees 6% Residential Price Surge

Mumbai’s residential prices rose 6% in Q1 2025, leading the national real estate market. According to a real estate research and brokerage firm, despite rising costs, cities like Mumbai, Pune, and Chennai recorded strong sales, driven largely by premium and luxury housing demand.

Vicky Kaushal Renews Juhu Apartment Lease, Will Pay Rs. 6.2 Crore Over Three Years

Bollywood actor Vicky Kaushal has renewed his lease for a luxury apartment in Juhu, Mumbai, agreeing to pay approximately Rs. 6.2 crore over three years. The deal includes exclusive rights to three parking spaces and covers a spacious apartment in the Raj Mahal project.

Builders Who Delay Projects or Deliver Poor Work Will Face Blacklisting and Imprisonment: Piyush Goyal

At a key handover ceremony in Kandivali, Union Minister Piyush Goyal warned that builders delaying or compromising on SRA redevelopment projects would face blacklisting and even imprisonment. He also demanded action against corrupt government officials colluding with negligent builders, reinforcing the government’s commitment to transparency and housing justice.