Mumbai Property Registrations Rise 4%, Revenue Jumps 14% Despite 32% Sales Decline H1 2025

Mumbai's real estate market demonstrated remarkable resilience in the first half of 2025, with property registrations reaching a record 75,672 and revenue collection soaring by 14% to Rs 6,699 crore compared to the previous year. Despite a 32-34% decline in overall housing sales across the Mumbai Metropolitan Region, the city itself saw strong demand particularly in high-value segments, with the average home price rising to Rs 1.60 crore. June 2025 marked Mumbai's second-highest property registration month in six years, with 11,211 properties changing hands and generating Rs 1,004 crore in revenue. This surge was partly driven by buyers rushing to register properties ahead of a 3.9% increase in Maharashtra’s ready reckoner rates effective from FY26. Industry experts like Anuj Puri of ANAROCK Group highlighted the market's strength despite global uncertainties and geopolitical tensions. The data indicates a shift toward premium housing and sustained buyer interest amid broader market slowdowns.