Mumbai, June 30
Mumbai city (under BMC jurisdiction) registered 75,982 property sales in the January-June period (H1 2025), marking a 5 per cent (on-year) increase, according to a report on Monday.
Revenue from these registrations rose by 15 per cent (on-year) to Rs 6,727 crore, with both metrics recording their strongest half-yearly performance since 2013, said the report by Knight Frank India.
The month of June recorded registration of 11,521 properties, denoting a moderation of 1 per cent, while revenue from these registrations totalled Rs 1,031 crores, reflecting a 2 per cent rise versus the same month last year. Registrations were primarily residential with 80 per cent registrations in the segment.
“Mumbai’s residential market continues to reflect steady buyer confidence, as registrations consistently stay above the 11,000-mark year-on-year. What’s particularly encouraging is that this sustained demand has led to the city’s strongest half-yearly performance in over a decade,” said Shishir Baijal, Chairman & Managing Director, Knight Frank India.
While we’ve seen some cooling in the mid-price segments, the appetite for larger homes and properties priced above Rs 5 crore remains strong, driving healthy revenue collections, he mentioned.