Mumbai property market clocks 12,070 registrations in Sept

Mumbai’s property market delivered its strongest September on record, defying the usual slowdown during the inauspicious Shraddh period. Property registrations in the Mumbai municipal region surged 32 per cent year-on-year to 12,070 units, while stamp duty collections jumped 47 per cent to Rs1,292 crore, according to Knight Frank India.

The upswing was largely driven by the shifting festive calendar. Unlike last year, when Shraddh stretched into October and delayed home buying, in 2025 the fortnight ended earlier (September 7–21) and was immediately followed by the onset of Navratri (September 22–October 2). This overlap helped sustain buyer activity and translate into the best-ever September performance for Mumbai’s real estate market.

Momentum also reflected steady demand for housing, with residential units accounting for nearly 80 per cent of all registrations. On a sequential basis, registrations rose 7 per cent month-on-month, while revenue collections increased by a sharper 29 per cent, highlighting sustained buyer confidence despite affordability pressures at the lower end of the market.

Talking to Bizz Buzz, Shraddha Kedia-Agarwal, Director, Transcon Developers says, “The strong performance in September is a clear testament to the renewed enthusiasm among homebuyers across price categories.”

The festive season has reignited positive sentiment in the market, reflecting broad-based demand and encouraging developers to deliver homes that cater to evolving lifestyle aspirations, which is a very promising sign for both the industry and the overall economy.

Dhruman Shah, Promoter, Ariha Group says, “The robust growth in September registrations reinforces that real estate remains a trusted and rewarding asset class.”

With festive demand now underway, we expect this positive momentum to continue, strengthening confidence among both buyers and developers and supporting a healthy and sustainable market outlook.