Mumbai Property Registrations Hit 13-Year High in April 2025, Signalling Robust Residential Demand

Mumbai’s real estate market continues to demonstrate robust growth, as April 2025 saw 12,142 property registrations under the Brihanmumbai Municipal Corporation (BMC) limits — marking the strongest April performance in 13 years, according to the latest data from Knight Frank India. This reflects a 4% year-on-year increase, signaling enduring confidence among homebuyers despite macroeconomic uncertainties.

The share of high-end homes priced above ₹2 crore grew to 25% in April 2025, up from 22% in the same month last year. Meanwhile, the budget housing segment — particularly properties priced below ₹50 lakh — remained stable, contributing 14% to total registrations.

In terms of unit sizes, compact homes up to 1,000 sq ft continued to dominate the market. However, homes between 1,000 and 2,000 sq ft maintained a steady 14% share, while larger configurations above 2,000 sq ft accounted for 3% of the total, indicating continued demand for expansive living spaces.

Geographically, the Western and Central suburbs continued to be the hotspots for buyers, contributing a combined 85% to the total registration volume. Central and South Mumbai witnessed a marginal 1% increase in their share, highlighting renewed buyer interest in these premium micro-markets — supported by new launches, better infrastructure, and evolving aspirations.

Here is what real estate industry leaders have to say on the registrations numbers:

Mr. Prashant Sharma, President, NAREDCO Maharashtra
“The consistent growth in Mumbai’s property registrations reflects the resilience and evolving maturity of the city’s real estate market. April 2025 has set a new benchmark with the highest registration numbers for the month in the last 13 years. This performance is a testament to sustained end-user demand, proactive government reforms, and improving home loan affordability. The steady demand across both affordable and premium segments also indicates the market’s broad-based strength. As infrastructure enhancements continue and interest rates remain favorable, we expect this upward momentum to persist.”

Mr. Samyak Jain, Director, Siddha Group
“April 2025’s robust property registration data underlines growing homebuyer confidence, especially in suburban belts where infrastructure and liveability have significantly improved. The fact that 80% of registrations are residential signals that the market continues to be driven by genuine end-users, not just investors. We see this as a positive sign for both buyers and developers aiming for long-term growth.”

Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers
“The strong registration figures highlight homebuyers’ increasing appetite for quality housing in well-connected, lifestyle-driven micro-markets. The Western suburbs continue to lead, which is encouraging for developers focused on creating premium yet accessible housing solutions. The preference for homes above 1,000 sq ft also shows how evolving work-life dynamics are shaping real estate choices and we remain committed to delivering sustainable, future-ready homes that resonate with these changing aspirations.”