Mumbai recorded 80,221 property registrations in the primary and secondary markets during H1 2026, a growth of 6% year-on-year, while stamp duty collections increased by 4%. ₹6,968 crore, according to an analysis of Inspector General of Registration (IGR) data by Knight Frank India.
In June alone, the city is estimated to have recorded 13,302 property transactions, up 15% from a year ago and the highest for the month in the last 14 years. Maharashtra government is expected to gather around ₹The analysis revealed that these registrations brought in Rs 1,077 crore in stamp duty.
The Mumbai real estate market recorded over 12,315 property registrations in May 2026, up 7% year-on-year, the highest number of registrations in the month of May in the last 14 years.
How are property registrations increasing in Mumbai?
June 2026 is set to surpass the previous June peak recorded in 2025, reinforcing continued strength. Mumbai’s housing market Despite the high base. Property registrations are expected to grow by 7.3% year-on-year, while stamp duty collections are projected to grow by 4%, indicating a change in the transaction mix, with a relatively higher share of mid-market home purchases compared to last year.
On a sequential basis, property registrations are expected to grow by 7% in May 2026, while stamp duty collections are estimated to grow by 2%.
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Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India, said, “Mumbai’s residential market has maintained its strong momentum, recording the highest number of property registrations in the month in the last 14 years in June 2026. This performance has been achieved despite a high base from last year, underscoring the resilience of end-user demand and sustained home buyer confidence.”
market power This is further reflected in registrations for the first half of 2026, which continued to grow on top of an already strong first half of 2025. While stamp duty collections remained largely stable compared to the same period last year, indicating a decline in average transaction values, the healthy increase in registrations suggests that demand is becoming more broad-based across buyer sectors rather than concentrated on high-value transactions. This reinforces the depth and resilience of Mumbai’s residential market, he said.
Also read: Property registrations in Mumbai rose 7% to 12,315 in May, the highest in the month in 14 years.
