Mumbai Real Estate Market Sees Record Growth in FY 2024–25
Mumbai’s real estate market ended FY 2024–25 on a strong note, registering over 15,603 property transactions in March 2025. This marks a 10.3% year-on-year (YoY) increase, highlighting the city’s growing demand for premium homes.
Key Highlights of Mumbai’s Real Estate Market in FY 2024–25
1. Record Property Registrations & Stamp Duty Collections
- Property Registrations (March 2025): 15,603 transactions (+10.3% YoY)
- Stamp Duty Collections: ₹1,597 crore (Highest Ever, +45% YoY)
- Monthly Growth: Property registrations rose by 29% MoM, while stamp duty collections surged 71% MoM
2. Surge in High-Value Property Transactions
Mumbai’s luxury real estate segment witnessed strong demand, driven by high-net-worth buyers and increased investor interest.
3. Residential Properties Lead the Market
- 80% of all property registrations in March 2025 were for residential units.
- Increased traction in mid-to-premium housing segments contributed significantly to this growth.
4. Annual Growth in Mumbai’s Property Market
- Total Property Registrations (FY 2024–25): 143,948 (+9% YoY)
- Stamp Duty Collections Growth: +22% YoY
- Daily Property Registrations: Increased from 388 in April 2024 to 503 in March 2025
- Daily Stamp Duty Revenue: Grew from ₹35 crore to ₹52 crore over the same period.
What’s Driving Mumbai’s Real Estate Boom?
- Rise in Premium Housing Demand – More buyers are investing in spacious and high-value homes.
- Favorable Economic Conditions – A stable economy and lower home loan interest rates have boosted confidence.
- Regulatory Transparency – Increased trust due to strict RERA guidelines and efficient property registration processes.
Conclusion: A Positive Outlook for 2025
With consistent growth in property transactions and rising demand for premium real estate, Mumbai’s housing market remains a top choice for buyers and investors. If this trend continues, FY 2025–26 could witness even higher property valuations and investments.
For more expert real estate advice, check out our Guide to Legal Rental Agreements in Mumbai.
contact Manish M. Mishra at Sheetal Property.
📞 Call: +91-8422999725
🌐 Visit: www.sheetalproperties.com
