Mumbai city (area under BMC jurisdiction) is projected to record 13,617 property registrations in July 2026, an 8.3% year-on-year (YoY) increase and the highest for the month in over 14 years.

The Maharashtra Government is expected to collect INR 1,223 crore in stamp duty during the month highlighting an 8.9% YoY rise, reflecting sustained homebuyer demand despite a high base.

The findings are based on the data from the Maharashtra Department of Registrations and Stamps as analysed by Knight Frank India.

Shishir Baijal, International Partner, Chairman & Managing Director, Knight Frank India, stated, “Mumbai’s residential market continues to demonstrate remarkable depth, recording its strongest July performance in over 14 years despite a high comparative base. The sustained momentum reflects resilient end-user demand and enduring confidence in homeownership. While transaction volumes remained broadly stable both year on year and sequentially, revenue recorded a marked increase, underscoring sustained demand for higher-value homes.”

“Even as buyers become more discerning, demand for quality residential developments remains healthy, supported by the city’s strong economic fundamentals, infrastructure-led growth and long-term investment appeal,” he added.