New Delhi — Mumbai recorded 80,221 property registrations across the primary and secondary markets in the first half of 2026, up 6 percent from a year earlier and marking the city’s strongest first-half performance since 2013, according to a report released Tuesday.
Knight Frank India said stamp duty revenue generated from the transactions rose 4 percent year over year to Rs 6,968 crore, also the highest first-half total since 2013.
Mumbai, under the jurisdiction of the Brihanmumbai Municipal Corporation, is expected to record 13,302 property registrations in June, a 15 percent increase from a year earlier and the highest June total in 14 years.
The Maharashtra government is projected to collect about Rs 1,077 crore in stamp duty revenue during the month.
The report said June registrations are expected to surpass the previous record set in 2025. While registrations are projected to rise 15 percent year over year, stamp duty collections are expected to increase by only 4 percent, suggesting a greater share of mid-market transactions compared with the previous year.
Compared with May, property registrations are expected to rise 7 percent, while stamp duty collections are projected to increase 2 percent.
“Mumbai’s residential market has maintained its strong momentum…This performance is achieved despite a high base from last year, underscores the resilience of end-user demand and sustained homebuyer confidence,” said Shishir Baijal, international partner and chairman and managing director of Knight Frank India.
“While stamp duty collections remained largely stable over the same time last year, indicating a moderation in average transaction values, the healthy growth in registrations suggests that demand is becoming more broad-based across buyer segments rather than being concentrated only in higher-value transactions,” Baijal added. (Source: IANS)
