Mumbai’s real estate market maintained its momentum in June 2025, clocking 11,521 property registrations, according to data from the Maharashtra Department of Registrations and Stamps (IGR). Although this reflects a marginal 1% year-on-year dip, the city reported a 2% rise in revenue collections, reaching ₹1,031 crore.
An analysis by Knight Frank India highlighted that the first half of 2025 (January to June) marked the strongest six-month performance since 2013, with 75,982 property sales and ₹6,727 crore in revenue—a 15% year-on-year increase.
Let’s break down the numbers and market trends shaping Mumbai’s property landscape.
Quick Highlights: Mumbai Property Market – June 2025
| Category | Data |
|---|---|
| Total Registrations (June 2025) | 11,521 |
| YoY Change in Registrations | -1% |
| Registration Revenue (June 2025) | ₹1,031 crore |
| YoY Change in Revenue | +2% |
| Registrations (Jan–June 2025) | 75,982 |
| Revenue (Jan–June 2025) | ₹6,727 crore |
| YoY Growth (Jan–June 2025) | +5% in registrations, +15% in revenue |
| Share of Homes ≤1000 sq ft | 84% |
| Western + Central Suburbs Share | 88% |
Premium Property Demand Rises as Mid-Market Sees Cooling
June witnessed a noticeable shift in buyer preferences. Properties priced above ₹5 crore increased their market share from 5% in June 2024 to 6% in June 2025, signaling growing interest in premium residential spaces.
In contrast, properties in the ₹1 crore–5 crore range saw a decline in their contribution, highlighting some cooling in the mid-market segment.
“While we’ve seen some cooling in the mid-price segments, the appetite for larger homes and properties priced above ₹5 crore remains strong, driving healthy revenue collections,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.
Compact Homes Continue to Dominate Buyer Preferences
Despite increased interest in high-value homes, compact apartments retained their dominance:
- 84% of all registrations were for homes up to 1,000 sq ft
- 500–1,000 sq ft: 45% (up from 44% last year)
- Up to 500 sq ft: 39%
- Larger homes (1,000–2,000 sq ft): 13%
- Very large homes (above 2,000 sq ft): 3%
This trend reflects the continued preference for affordable and efficient urban housing, especially in a space-constrained city like Mumbai.
Suburban Markets Lead the Way
The Western and Central suburbs continued to dominate Mumbai’s residential market, with a combined market share of 88% in June 2025, up from 86% last year.
- Western Suburbs: 57% of all registrations
- Central Suburbs: 31%
- South Mumbai: Only 6% of registrations, indicating a dip in activity within the city’s traditional luxury belt.
Expert Quote
“Mumbai’s residential market continues to reflect steady buyer confidence, as registrations consistently stay above the 11,000-mark year-on-year. This sustained demand has led to the city’s strongest half-yearly performance in over a decade,” said Shishir Baijal, Knight Frank India.
FAQs: Mumbai Property Registrations – June 2025
Q1. How many properties were registered in Mumbai in June 2025?
A: Mumbai recorded 11,521 property registrations, marking a 1% dip from June 2024.
Q2. Has there been a shift in buyer preferences this year?
A: Yes, there’s a notable rise in demand for premium homes priced above ₹5 crore, while mid-market segments have seen a slight dip.
Q3. Which size category dominated the market in June 2025?
A: Homes up to 1,000 sq ft dominated, accounting for 84% of registrations, with 500–1,000 sq ft being the most popular segment.
Q4. Which parts of Mumbai saw the most registrations?
A: The Western and Central Suburbs led the market, making up 88% of all registrations combined.
Q5. How did the property market perform in the first half of 2025?
A: The market recorded 75,982 sales and ₹6,727 crore revenue, the strongest half-yearly performance since 2013.