NEW DELHI — Property registrations in Mumbai’s municipal region rose 12% year-over-year in January to 12,249 units, according to real estate consultancy Knight Frank India, as published by The Economic Times. This marks the highest January total in 13 years.
In January 2024, 10,967 units were registered in the region. The data highlights sustained strength in Mumbai’s real estate market, particularly in the premium segment.
Shishir Baijal, chairman and managing director of Knight Frank India, said the city’s residential sector entered 2025 with strong momentum. “January witnessed a year-on-year rise in registrations, reflecting continued buyer confidence,” he stated.
While January recorded the highest registration volume for any January on record, a sequential decline was observed in both registrations and revenue collection compared to December, when 12,418 units were registered. Baijal noted that such month-on-month declines are historically common and not necessarily alarming. “However, one should watch this space keenly,” he added.
The data underscores the resilience of Mumbai’s real estate market, with high demand and the premium housing segment continuing to drive growth.