New Delhi, June 30 (IANS) Mumbai city under BMC jurisdiction recorded 80,221 property registrations across primary and secondary segments in H1 2026, marking a 6 per cent year‑on‑year increase and the strongest first‑half performance since 2013, a report said on Tuesday.
The report from Knight Frank India said state government revenue through stamp duty collection from these transactions rose 4 per cent YoY to Rs 6,968 crore, which is also highest since 2013.
Mumbai is expected to record 13,302 property registrations in June 2026, marking a 15 per cent YoY increase that would mark the highest June tally in 14 years.
The Maharashtra Government is expected to collect roughly Rs 1,077 crore in stamp duty revenue during the month.
The report noted that June 2026 will surpass the previous peak recorded in 2025 and that while registrations are set to increase by 15 per cent YoY, stamp duty collections will rise by 4 per cent on an annual basis.
It suggests a shift in the transaction mix toward a relatively higher share of mid‑market deals compared to the previous year.
On a sequential basis, property registrations will increase by 7 per cent over May 2026, while stamp duty collections increased by 2 per cent.
“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, Chairman & Managing Director, 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.
—IANS
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