Mumbai’s real estate market achieved its best-ever November with 12,219 property registrations, marking a 20% year-on-year increase. This strong momentum, led by residential demand and premium home sales, continues a steady growth cycle, underpinned by rising buyer confidence and infrastructure development.
The Mumbai property sector recorded an unprecedented high in November 2025, posting 12,219 registrations—a 20% increase compared to the same month last year. This robust performance marks the city’s best November in over a decade since 2013, highlighting renewed vigor in India’s costliest real estate market.
This surge is supported largely by firm buyer demand across residential segments, particularly in mid-range and premium categories. Homes priced between ₹1 crore and ₹2 crore accounted for 33% of sales, up from 31% the previous year, while luxury homes above ₹5 crore climbed from 5% to 7%, reflecting escalating preferences for high-value properties.
Revenue from property transactions grew by 12%, contributing over ₹12,224 crore in stamp duty collections to the state government in the first eleven months of 2025. Large-scale infrastructure projects boosting connectivity and livability across emerging micro-markets have played a crucial role in sustaining this growth.
Market experts observe that Mumbai’s residential segment is now functioning at a structurally higher baseline with stable monthly sales activity, driven by lower mortgage rates and evolving consumer preferences.
Key Highlights:
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Mumbai’s November 2025 property registrations hit a record 12,219 units, a 20% YoY rise.
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Residential properties accounted for 80% of registrations, fueled by demand in mid-range and luxury segments.
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Revenue surged 12%, with stamp duty collections surpassing ₹12,224 crore till November.
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Sales share of homes priced above ₹5 crore rose from 5% to 7% year-over-year.
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Infrastructure upgrades and connectivity improvements drive buyer confidence.
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Mumbai’s real estate market operates at a structurally elevated baseline with healthy monthly activity.
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Lower mortgage rates and premium project launches support sustained buyer interest.
Source: Economic Times, Hindustan Times, RealtyBuzz, Knight Frank India