Select theme:
Mumbai’s real estate market continued a strong performance in April 2026, with property registrations expected to reach around 13,864 units. This is a 6% increase compared to 13,080 registrations in April 2025. It is also the highest April registration level in more than a decade, showing steady demand from homebuyers.
As per data from the Maharashtra Department of Registrations and Stamps, analysed by Knight Frank India, stamp duty collections are expected to exceed ₹1,114 crore this month. This reflects healthy activity in the residential property market, even with short-term fluctuations in monthly numbers.
However, compared to March 2026, property registrations in April fell by 13%. In March, Mumbai recorded 15,983 units, driven by stronger year-end closing activity. Despite this monthly drop, the overall market trend remains stable and positive.
Stamp duty collections in April also saw a slight 1% year-on-year rise. This indicates steady transaction values in the city’s housing market. The data also suggests minor changes in the type and value of properties being registered, but not a fall in overall demand.
Experts say Mumbai’s housing market remains strong due to consistent end-user demand. Many buyers are purchasing homes for self-use, which is supporting stable sales activity. Even after a strong base, the market continues to show resilience.
Shishir Baijal, Chairman and Managing Director of Knight Frank India, said that Mumbai’s residential market has shown strong stability. He added that April 2026 recorded the best April performance in over 10 years. According to him, the rise in registrations shows strong buyer confidence in the long-term outlook of Mumbai real estate.
He further explained that the slight drop in stamp duty collections is linked to changes in property size and pricing patterns. However, this does not affect the overall market strength. The monthly decline from March to April is also seasonal, as March usually sees higher closings before the financial year ends.
In March 2026, Mumbai recorded 15,983 property registrations, compared to 15,501 in March 2025. Stamp duty collections during the same period fell 6% year-on-year to ₹1,492 crore, from ₹1,589 crore last year.
Overall, the latest data shows that Mumbai’s property market remains active and stable. While monthly changes are normal, strong end-user demand continues to support long-term growth in the city’s real estate sector.
