Mumbai’s real estate sector defied global and domestic headwinds to post record-breaking growth in the first half of 2025. Despite geopolitical tensions and economic turbulence, property registrations and revenue collection in the city reached historic highs between January and June.
According to the Maharashtra State Revenue Department, Mumbai recorded 75,672 property registrations as of June 30, marking a 4% increase over 72,491 registrations in H1 2024. Revenue collection surged even more significantly, rising 14% year-on-year to ₹6,699 crore, up from ₹5,874 crore during the same period last year, as per data from the Inspector General of Registration (IGR).
This sustained momentum reflects strong buyer sentiment and the resilience of Mumbai’s property market amid challenging macroeconomic conditions.
Anuj Puri, Chairman, ANAROCK Group, said, “June 2025 saw Mumbai notch up its second-highest property registrations for the month in six years, with 11,211 properties changing hands and revenue collections hitting an impressive INR 1,004 crore. While registrations dipped slightly - about 4% lower than June 2024’s 11,673 deals - this year’s revenue held firm, matching almost last year’s figure. In fact, June 2025’s revenue was just 1% lower than last year, highlighting the market’s resilience despite a marginal drop in transactions. Mumbai’s real estate continues to deliver strong numbers, even as the pace has cooled a bit.”
