New Delhi, May 31 (PTI) The registration of properties in the Mumbai municipal region rose 7 per cent to 12,403 units during May on better housing demand, according to real estate consultant Knight Frank
India.
As many as 11,565 properties were registered in May last year.
The registration numbers have declined compared to 14,285 units in April this year.
In a statement issued on Sunday, Knight Frank India said the registration of properties in Mumbai city (area under the Brihanmumbai Municipal Corporation's jurisdiction) stood at a record 12,403 units in May, according to data from Maharashtra's Department of Registration and Stamps.
The data relates to transactions from both primary and secondary real estate markets.
"Property registrations in May 2026 mark the highest volume for the month of May in the past 14 years, surpassing the previous peak recorded in May 2025, highlighting the strength of Mumbai's residential market," the consultant said.
Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India, noted that Mumbai's housing market continues to demonstrate remarkable resilience.
The sustained volume of registrations reflects the depth of end-user demand and confidence in the city's housing market, he added.
Akhil Saraf, founder of PropTech firm Reloy, noted that the demand continues to be strong in Mumbai despite global economic uncertainties caused by the West Asia conflict. PTI MJH DIV
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