Mumbai’s real estate market has performed best since 2013. More than 80,000 property registrations took place in the first half of 2026, an annual increase of 6%. The month of June was also the best in terms of registration in 14 years.
New Delhi [भारत]June 30 (ANI): Mumbai’s residential market has posted its strongest performance in the first half (H1) since 2013, according to Knight Frank India. Over 80,000 property registrations were recorded between January and June 2026.
The city, which falls under the jurisdiction of Brihanmumbai Municipal Corporation (BMC), saw a total of 80,221 property registrations across the primary and secondary segments in H1 2026, up 6 per cent year-on-year (YoY). Stamp duty collection from these deals also increased by 4 percent annually to Rs 6,968 crore. “On both counts, this is the strongest first-half performance since 2013,” the report said.
Record breaking sales in June
Mumbai is expected to record 13,302 property registrations during the month, an annual growth of 15 per cent and the highest June figure in the last 14 years. Around Rs 1,077 crore is expected to be deposited in the exchequer as stamp duty in June.
Knight Frank said while registrations grew 15 per cent year-on-year in June, stamp duty collections grew only 4 per cent, indicating a change in the mix of deals. These figures show that “there has been a change in the transaction mix this year compared to last year, with a relatively higher share of registrations in the mid-market segment.”
On a monthly basis, registrations in June rose 7 per cent compared to May 2026, while stamp duty revenue rose 2 per cent month-on-month (MoM). The H1 2026 figures are already built on a strong base. Registrations were up 5 per cent year-on-year to 76,060 units in H1 2025, and stamp duty stood at Rs 6,731 crore. The latest numbers surpass previous records and indicate widespread demand.
expert opinion
Commenting on the trend, Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India, said, “Mumbai’s residential market continues its strong momentum, with June 2026 recording the highest number of property registrations month-on-month in the last 14 years.” This performance, he added, “has been achieved despite last year’s high base, underscoring the resilience of end-user demand and the continued confidence of home buyers.”
Baijal said although stamp duty collections remained largely stagnant compared to last year, “which indicates moderation in average transaction values, the healthy growth in registrations shows that demand is not limited to high-value transactions only, but is broadening across different buyer segments.”
Mumbai’s housing market is moving beyond luxury, with mid-segment buyers driving the number of sales, data shows. With 80,221 registrations in six months, 2026 is already the city’s best H1 for property sales in over a decade. (ANI)
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