Mumbai Property Registrations Hit 14-Year High in June; H1 2026 Records Strongest First-Half Performance Since 2013

Mumbai's residential real estate market continued its strong growth trajectory in the first half of 2026, with the city registering its highest first-half property registrations in over a decade. According to the latest data, Mumbai city (under the BMC jurisdiction) recorded 80,221 property registrations across both primary and secondary markets during January-June 2026, reflecting a 6% year-on-year (YoY) increase. Stamp duty collections during the period also rose 4% YoY to INR 6,968 crore, making it the strongest first-half performance since 2013.
The momentum remained equally robust in June, with the city expected to register 13,302 property transactions, representing a 15% YoY increase. This is set to become the highest number of property registrations ever recorded in the month of June over the past 14 years, highlighting the sustained resilience of Mumbai's residential market despite a high base. The Maharashtra Government is also expected to garner approximately INR 1,077 crore in stamp duty revenue during the month.
The June performance is expected to surpass the previous record achieved in 2025, reaffirming the city's strong housing demand. While property registrations are projected to grow by 15% year-on-year, stamp duty collections are expected to rise by a relatively moderate 4%, indicating a larger share of transactions taking place in the mid-market housing segment compared to last year.
On a month-on-month basis, June registrations are expected to increase by 7% over May 2026, while stamp duty collections are projected to rise by 2%, signalling sustained buying momentum across the city's residential market.
Industry experts believe the continued growth reflects improving consumer confidence, stable financing conditions, infrastructure-led development, and the increasing preference for homeownership across various buyer segments.
Kamlesh Thakur, President, NAREDCO Maharashtra and Co-Founder & Managing Director, Srishti Group said, "The continued rise in Mumbai's property registrations, culminating in the strongest first-half performance in over a decade, is a clear reflection of the market's resilience and the sustained confidence among homebuyers. The steady momentum has been driven by robust infrastructure development, stable economic conditions, and improving affordability. It is encouraging to see that demand is broad-based, with the mid-income segment contributing significantly to transaction volumes. However, continued government support through policy interventions, incentives for homebuyers, rationalization of development costs, and accelerated infrastructure investments will be critical to sustaining market momentum given the economic uncertainties, geopolitical developments and the delayed monsoon."
Ram Naik, Co-founder & CEO, The Guardians Real Estate Advisory said, "Mumbai's record property registrations in June and the strong first-half performance underscore the depth of end-user demand that continues to power the city's residential market. The increase in registrations, despite a high base, indicates that homebuyers remain confident in making long-term investments. The relatively higher contribution from the mid-market segment suggests that affordability-conscious buyers are actively capitalizing on favourable financing conditions and improved project choices. We expect this healthy demand momentum to continue, particularly in well-connected micro-markets benefiting from ongoing infrastructure upgrades."
Shilpin Tater, Managing Director, Superb Realty said, "The June registration numbers reaffirm that Mumbai's property market continues to witness sustained buyer confidence across multiple price segments. Improved connectivity, redevelopment opportunities, proximity to workplaces and evolving lifestyle aspirations continue to attract buyers towards quality developments. We believe that projects offering superior construction quality, timely delivery, wellness-led features and long-term value creation will continue to witness healthy demand in the coming quarters."
Shraddha Kedia-Agarwal, Director, Transcon Developers said, "The record property registrations witnessed in June 2026 demonstrate the sustained strength of Mumbai's residential real estate market and reinforce the city's position as one of the country's most resilient housing destinations. The healthy growth in transaction volumes, particularly in the mid-market segment, reflects a maturing market where homebuyers are prioritizing value, connectivity, and quality living. As infrastructure projects continue to reshape Mumbai's urban landscape and enhance accessibility across key corridors, we expect demand to remain robust. Developers who focus on delivering thoughtfully planned homes with premium amenities and timely execution will be well-positioned to benefit from this positive market momentum."
Dhruman Shah, Promoter, Ariha Group said, "The strong growth in property registrations during both June and the first half of 2026 reflects the underlying strength of Mumbai's housing demand despite evolving market dynamics. The increase in transaction volumes indicates that buyers continue to view real estate as a secure long-term asset, supported by improving infrastructure, expanding redevelopment opportunities, and greater confidence in the organized real estate sector. The growing share of mid-market transactions also highlights the increasing aspiration for homeownership among urban buyers. We remain optimistic that this momentum will continue through the remainder of the year, supported by healthy consumer sentiment and sustained infrastructure-led development."