Mumbai’s November Registrations Rise — But Flat Revenue Signals Cooling Market Under the Surface

Mumbai’s November 2025 bounce in registrations hides a worrying truth: revenue barely increased. The split data shows growth in mid-range and small units, developer concessions and geographic concentration — signs of a shallow, fragile market rather than a robust upcycle.

📉 Mumbai Property Registrations Dip 15% in October 2025 Despite Festive Season — A Worrying Signal for Real Estate Market

Despite the festive season, Mumbai’s property registrations dipped 15% in October 2025 to 10,947, with stamp duty revenue falling 19%. High prices and affordability issues dampened homebuying sentiment in what’s usually the city’s strongest sales month.

Mumbai Property Registrations Hit 12,070 in September 2025 – Best September in 12 Years

Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

Mumbai Property Registrations Rise Despite Shraadh Period

Defying the Shraadh slowdown, Mumbai recorded 10,587 property registrations and ₹1,142 crore in stamp duty revenue till September 27, 2025—surpassing last year’s figures and signaling resilient demand in the city’s real estate market.

Pune Property Registrations Cross 13,000 in August 2025; Stamp Duty Revenue at ₹485 Crore

Pune registered 13,253 property deals in August 2025, collecting ₹485 crore in stamp duty. While monthly numbers dipped YoY, the city’s housing market posted its best January–August performance in four years with over 1.44 lakh registrations and strong demand across both affordable and premium segments.