Mumbai Property Registrations Rise 9% in October Ahead of Diwali

Hindustan Times · business

Mumbai's residential property market demonstrated resilience in October, with registrations increasing by 9% year-on-year to 12,690 units. Stamp duty collections also saw a 12% rise, reaching ₹1,173 crore, indicating sustained housing demand. This growth occurred despite the inauspicious Shraddh period and a shorter Navratri, highlighting strong homebuyer sentiment. The market has maintained momentum throughout 2026, with registrations consistently exceeding 12,000 units monthly, reflecting a structurally expanding property market.