Mumbai Property Registrations Hit 14-Year September High At 12,622; Stamp Duty Collections ₹1,227 Crore
Mumbai, September 30, 2026: Mumbai recorded 12,622 property registrations in September 2026, a 5 per cent year-on-year (YoY) increase and the highest for the month of September in over 14 years. However, the Maharashtra Government collected Rs 1,227 crore in stamp duty during the month, a 5 per cent YoY decline, primarily reflecting a shift in transaction mix. The findings are based on data from…
Mumbai's property market saw a surge in September 2026, with 12,622 registrations, marking a 5% year-on-year increase and the highest number of registrations in over 14 years, according to data from the Maharashtra Department of Registrations and Stamps, as analyzed by Knight Frank India. The Ganesh Chaturthi festival, celebrated from September 14 to 25, saw a remarkable 22% YoY jump in registrations, reaching 5,379, the highest level for the festive period in the last four years.
Stamp duty collections for September decreased by 5% YoY to ₹1,227 crore, primarily due to a shift in the transaction mix. Over 50% of the stamp duty collections were recorded during the festival, which amounted to Rs 640 crore and grew by 32% YoY. Real estate expert Shishir Baijal noted that Mumbai's residential market has maintained demand momentum, with the surge in registrations during the festive period and the month reflecting continued homebuyer participation, as well-located developments with quality infrastructure remain attractive to buyers.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
