Mumbai, Apr 1 (PTI) Registration of properties in the Mumbai Municipal Region in January-March rose 1 per cent to 40,231 units amid strong demand, according to Knight Frank.
Registration of properties in
Mumbai stood at 39,816 units in the year-ago period.
Citing data from the Maharashtra government’s Department of Registrations and Stamps (IGR), real estate consultant Knight Frank stated that the Mumbai city (area under BMC jurisdiction) recorded 15,983 property registrations in March, up 3 per cent from 15,501 units in the same months last year.
In January and February 2026, the registration of properties stood at 11,219 units and 13,029 units, respectively.
The data includes transactions in both primary and secondary markets.
“This marks the highest monthly registration volume for the month of March in the past 14 years, surpassing previous years high observed in March 2025, underscoring the continued depth and resilience of the city’s residential market,” the consultant said.
Residential properties continued to dominate, accounting for nearly 80 per cent of total registrations.
Shishir Baijal, International Partner, Chairman & Managing Director, Knight Frank India, said, “Mumbai’s residential market has demonstrated a notable growth with March 2026 registrations surpassing last year’s already elevated base to record the strongest March in over a decade.” This growth reiterates the depth of end-user demand in the city, supported by stable economic conditions and sustained buyer confidence, he added.
Akhil Saraf, Founder & CEO of proptech firm Reloy, said, “Real estate has long been one of the most trusted investments, and property registrations reaching a 14-year high this March confirms that it remains a reliable asset — even when other asset classes are underperforming or volatile.” PTI MJH TRB
