In February 2025, Mumbai real estate records stability in business with rising property registrations. The office of Maharashtra inspector General of Registration (IGR) exhibits 6% growth in real estate transactions. In figures, India’s financial capital recorded registration of 12,066 immovable assets. The city during the same tenure in 2024 witnessed only 12,056 asset registrations.
Mumbai’s stamp collection for February 2025 soar by 6% bringing the tally to Rs. 935 Crore in comparison to Rs. 885 Crore in February 2024.
According to the report by Hindustan Times, a leading national daily, residential property registration continues to lead the market. By far the housing segment leads the scoreboard with 80% registration. The report also shows moderate stability in Mumbai real estate.
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“Despite the moderation, the city recorded its second-best performance for the month of February on record in terms of property registration indicating a phase of stabilisation. Notably registrations have consistently higher than pre-pandemic levels. This sustained activity reflects a healthy market, driven by positive homebuyers’ sentiment, steady economic conditions, and ongoing large-scale infrastructure development,” Knight Frank India’s monthly report said.
Large Ticket Sizes High Demand Score High Registration
Real estate investors prefer higher floor sizes, thus demand for 1,000 -2,000 sq ft. residential properties remains popular in February 2025. Hence, the property registration of bigger ticket-sizes increased from 8% to 13% for February 2025.
However, the inventory over 2,000 sq ft remains stagnant at 1% demand for smaller size residential properties witness a dip. The recent report also shows a massive decline in demand for immovable asset in 500 sq ft. Mumbai real estate witness a massive slowdown from 48% to 38%. A massively significant low of 10%.
The trend indicates inclination to comfortable high-end abodes and a paradigm shift in the Mumbai real estate.
“The Mumbai property market has consistently recorded over 11,000 properties per month, however, the rate of growth has moderated. In February 2025, the city continued to record sequential growth in per-day registrations of 4% sequentially, which was largely supported by the premium segment,” said Shishir Baijal, Chairman & Managing Director, Knight Frank India.
Western and Central Suburbs records Maximum Share in Mumbai Real Estate
A significant altercation is seen in the Mumbai real estate especially in the micro-markets. According to the report, central suburbs record rising share from 29% in January 2024 to 33% in January 2025.
Following the trends is Central and South Mumbai with 11 percent rise in share of the Mumbai real estate.
Shishir Baijal, Chairman & Managing Director, Knight Frank India further said, “high-end segment, particularly, Rs. 5Crore plus recorded an annual growth of 15% YoY. Contrary to this, the lower ticket size segment of Rs. 50 lakhs and below saw a notable reduction in demand of 19% YoY. As Mumbai’s economy expands and infrastructure developments progress, the city’s property market can continue to benefit from this strong growth potential.”
