Mumbai Homebuyers Shift Gears: Premium Homes & 2BHKs Lead as Affordable Demand Fades

Mumbai’s housing market is seeing a clear tilt towards premium living, reveals ANAROCK’s Homebuyer Sentiment Survey (H1 2025). While demand for affordable homes in the city’s peripheries is weakening, a growing share of buyers prefer 2BHK units in the ₹90 lakh–₹1.5 Cr price bracket. The survey highlights that 81% of MMR homebuyers are concerned about rising prices, which have jumped across key micro-markets, from ₹24,950 per sq. ft. in Central Suburbs to ₹44,000 per sq. ft. in South Central Mumbai. New launches have moderated by 24% year-on-year, but trust in branded developers and the promise of timely delivery is driving demand. For Mumbai homebuyers, the choice is now clear: better location, better quality, and better value — even if it costs more.

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.