Mumbai recorded its highest property registrations and revenue collections in the January–April 2025 period, with over 52,000 properties registered and Rs 4,633 crore collected. This surge comes despite a broader slowdown in housing sales across the MMR region
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Mumbai has recorded its highest-ever property registration figures for the January to April period in 2025, defying global economic challenges and geopolitical tensions, according to ANI.
Data sourced from the Maharashtra State Revenue Department and analysed by real estate consultancy ANAROCK reveals that both the number of registered properties and the revenue generated in Mumbai have reached unprecedented levels. As per ANI, between January and April 2025, a total of 52,896 properties were registered in the city marking an 8 per cent increase over the 48,819 properties registered in the same period in 2024.
The total revenue collected by the government from these registrations stood at an impressive Rs 4,633 crore, representing a 21 per cent increase over the Rs 3,836 crore collected in the corresponding period last year.
Of particular note is the performance in April 2025, which saw the highest number of property registrations in any April since 2019. Over 13,080 properties were registered last month, a 12 per cent rise over the 11,648 registrations recorded in April 2024. Revenue collection for the month reached approximately Rs 1,115 crore—around 5 per cent more than April last year.
Interestingly, this surge comes at a time when overall housing sales across the Mumbai Metropolitan Region (MMR) were relatively subdued. ANAROCK’s research indicates that residential unit sales in Mumbai during Q1 2025 stood at 21,930 units—down by about 28 per cent compared to Q1 2024.
Anuj Puri, Chairman of the ANAROCK Group, attributed this surge in registrations to a significant spike in activity during March 2025. "March alone saw 15,501 properties registered, which substantially boosted the overall numbers for the first four months. This spike coincided with the announcement of a 3.9 per cent hike in Maharashtra’s ready reckoner rates for the financial year 2025–26," he noted.
This rush to register properties ahead of the rate hike suggests that buyers acted quickly to avoid increased costs, thereby accelerating transactions during that period. Despite challenges in the broader real estate market, Mumbai's resilience and robust demand continue to position it as a key player in India’s property sector.
(With inputs from ANI)
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