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Between January and October 2026, total property registrations stand at 1,32,040 units, up 7% year-on-year, despite a high base in the corresponding period last year.
Mumbai Real Estate.
Mumbai recorded its highest number of property registrations during the Diwali festive period in four years, with 3,683 properties registered over the 11-day period from November 1 to November 11, 2026, according to a report by Knight Frank India.
The registrations were marginally higher by 0.4% compared with 3,668 properties registered during the corresponding 11-day period last year, data from the Maharashtra Department of Registration and Stamps, analysed by Knight Frank India, showed.
However, revenue collections from property registrations grew at a faster pace, rising 13% year-on-year (YoY) to Rs 384 crore during the period, compared with Rs 339 crore in the same period last year. Both property registrations and revenue collections touched their highest levels for the Diwali period in the past four years.
The growth in revenue collections, despite largely stable registration volumes, indicates a higher value of property transactions during the festive period.
Mumbai’s property market has maintained its momentum in recent months. In October 2026, the city recorded 12,690 property registrations, marking a 9% increase from a year earlier.
Between January and October 2026, total property registrations stood at 1,32,040 units, up 7% year-on-year, despite a high base in the corresponding period last year. The sustained growth suggests that homebuyer demand has remained resilient through the year, including during the festive season.
Commenting on the trend, Shishir Baijal, International Partner, Chairman and Managing Director of Knight Frank India, said Mumbai’s residential market had maintained a steady pace of activity through the festive season.
While the marginal increase in registrations indicated broadly stable transaction volumes, the 13% rise in revenue collections pointed to a higher value of transactions being registered, he said.
Baijal added that continued growth in registrations during the first 10 months of the year reflected sustained homebuyer interest and the depth of demand in Mumbai’s housing market.
Property registrations remain strong through Shraddh and Navratri
Homebuyer activity in Mumbai also remained firm during the periods preceding Diwali, including Shraddh and Navratri.
The city recorded 3,419 property registrations during Shraddh 2026, between September 26 and October 10. This was followed by 4,680 registrations during Navratri, between October 11 and October 19.
The registration activity during these periods, traditionally considered less auspicious for property purchases by some homebuyers, indicates that buying decisions continued ahead of the Diwali festive season.
How Mumbai’s Diwali property registrations performed over four years
Mumbai recorded 3,346 property registrations during the 11-day Diwali period in 2023, with revenue collections of Rs 252 crore.
In 2024, registrations declined 30% year-on-year to 2,339 units, while revenue collections fell 8% to Rs 231 crore.
The market rebounded sharply in 2025, with registrations surging 57% to 3,668 units and revenue collections increasing 47% to Rs 339 crore.
In 2026, registration volumes remained largely stable at 3,683 units, while revenue collections rose 13% to Rs 384 crore, taking both metrics to their highest levels for the corresponding festive period in four years.
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Ask News18Mumbai recorded 3,683 property registrations during the 11-day Diwali period from November 1 to November 11, 2026, marking its highest level in four years. Revenue collections during this period rose 13% year-on-year to reach Rs 384 crore.
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