MMR Real Estate: South Mumbai Housing Inventory Falls 74 Per Cent, Peripheral Western Markets Surge 240 Pc
Mumbai, September 29, 2026: Although housing inventory and sales are picking up in India, with Mumbai Metropolitan Region (MMR) consistently leading among the top metropolises, the region is entering a new phase in its evolution, and its growth is no longer confined to the established boundaries of Mumbai. Between 2021 and H1 2026, available residential units inventory declined significantly in…
Mumbai's housing market is undergoing significant shifts, with inventory in core South Mumbai falling by 74%, while peripheral Western markets saw a surge of 240% between 2021 and the first half of 2026. This trend is part of a larger transformation driven by infrastructure investment and decentralization across the Mumbai Metropolitan Region (MMR), which spans 6,355 sq km and houses 27 million people.
While MMR continues to lead India's metropolitan cities in growth, the next phase may see regional expansion rather than densification in the core. Anuj Puri, chairman of Anarock Group, notes that while current supply meets demand, upcoming redevelopment projects, especially in South Mumbai's city area, could increase supply and potentially stabilize housing prices.
The report, from Anarock, highlights the availability of 1,73,103 units as of H1 2026, with sales at 6,93,855 and overall supply at 6,66,598 units since 2021.
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