- Mumbai real estate market shines
- From January to September, there were 1.11 lakh registrations
- Revenue from stamp duty and registration fees exceeded Rs 10,000 crore
- Report revealed by ANAROCK
The Mumbai real estate market has witnessed a remarkable surge, generating over Rs 10,000 crore in revenue from stamp duty and registration fees in the first nine months of 2025. According to the latest ANAROCK report, the city recorded 1,11,388 property registrations during January–September, marking the highest level in the past seven years. This represents a 5.5% increase compared to 1,05,607 registrations in the same period in 2024, and an 18.1% rise from 94,307 registrations in 2023. Compared to 2019, when Mumbai had 50,045 registrations, this reflects a 127% growth over six years.
The report attributes this growth to strong housing demand, new project launches, infrastructure expansion, and stable policy support. The increase in registrations has directly contributed to record collections, with revenue from stamp duty and registration fees reaching Rs 10,094.22 crore, surpassing ₹8,876.42 crore in 2024—a 13.7% year-on-year rise. Compared to the COVID-impacted 2020 figure of ₹1,937.32 crore, this represents a staggering 421% growth.
Anuj Puri, Chairman of ANAROCK Group, noted that this sustained growth highlights the structural strength and resilience of the Mumbai real estate market. He emphasized that the combination of robust housing demand, rapid infrastructure development, premium project launches, and stable policy measures has made it possible for the city to cross the Rs 10,000 crore milestone within just nine months, underscoring its position as a structurally strong and high-performing real estate hub.