Mumbai Property Market Defies Festive Slowdown, Records Over 12,600 Registrations In October
Mumbai, Nov 1: Mumbai's residential property market maintained its growth momentum in October, with registrations rising 9 per cent year-on-year (YoY) to 12,690 units, despite festive and seasonal disruptions, a report said on Sunday. Stamp duty collections during the month increased 12 per cent to Rs 1,173 crore, according to data analysed by Knight Frank India. Festive Period Impacts…
Mumbai's residential property market saw registrations rise by 9% year-on-year in October, reaching 12,690 units, despite the overlap of the Shraddh period and Navratri, which shortened the effective registration days. Stamp duty collections increased 12% to Rs 1,173 crore. Knight Frank India's report highlighted the market's resilience, noting that Mumbai recorded 132,040 property registrations between January and October 2026, a 7% increase compared to the same period last year.
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