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Mumbai Property Registrations Soar to 14-Year September High, Festive Season Boosts Sales
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News18•30-09-2026, 15:01
Mumbai Property Registrations Soar to 14-Year September High, Festive Season Boosts Sales
- •Mumbai recorded its strongest September for property registrations in over 14 years, with 12,622 units registered in September 2026, a 5% year-on-year increase.
- •Despite higher registrations, stamp duty collections for September 2026 were down 5% year-on-year, totaling Rs 1,227 crore, attributed to a change in transaction mix.
- •The Ganesh Chaturthi period significantly boosted the market, with 5,379 properties registered from September 14-25, marking a 22% year-on-year increase and the highest in four years for the festive period.
- •Stamp duty collections during Ganesh Chaturthi surged by 32% year-on-year to Rs 640 crore, accounting for over half of September's total revenue.
- •Homebuyer demand remains strong and selective, with well-located projects backed by quality infrastructure continuing to attract buyers in Mumbai's evolving property market.
Key Questions Answered
Mumbai's property market recorded 12,622 registrations in September 2026, marking a 5% year-on-year increase and the highest total for September in over 14 years.
Despite higher registration volumes, stamp duty revenue fell 5% year-on-year to Rs 1,227 crore in September 2026 due to a shift in the transaction mix.
During the Ganesh Chaturthi period from September 14 to 25, 2026, property registrations rose 22% year-on-year to 5,379 units, while stamp duty collections surged 32% to Rs 640 crore.
