Mumbai Property Registrations Rise 9% To 12,690 In October Despite Festive Disruptions
Mumbai: Mumbai’s residential property market maintained its momentum in October 2026, recording 12,690 property registrations, a 9% increase over the corresponding month last year. Stamp duty collections also rose by 12% year-on-year to Rs 1,173 crore, reflecting sustained demand in the city’s housing market, according to data from the Maharashtra Department of Registration and Stamps analysed by…
Mumbai's residential property market continued to thrive in October 2026, with 12,690 property registrations marking a 9% increase compared to October 2025. Stamp duty collections also rose by 12% year-on-year to Rs 1,173 crore, signaling robust demand in the city's housing sector, according to Knight Frank India's analysis of Maharashtra's Department of Registration and Stamps data.
This growth occurred despite the Shraddh period, which overlapped with October, and Navratri, a festival that reduced the number of effective working days for property registrations. Despite these seasonal challenges, homebuyers continued to proceed with transactions. Knight Frank India's Chairman and Managing Director, Shishir Baijal, remarked that Mumbai's residential market showcased exceptional resilience and depth, with transaction volumes remaining consistently above 12,000 units throughout the year.
The market's ability to achieve year-on-year growth, even amid festive disruptions, underscores the strength of end-user demand and persistent confidence among homebuyers.
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