Mumbai’s high-end real estate market is thriving, driving ₹918 crore in stamp duty revenue in February 2025. While luxury home sales grew by 15%, demand for affordable housing dipped, signaling a shift in buyer preferences.

As Mumbai's real estate market continues to rise, Greater Mumbai property registrations rose 12% in 2024 to over 1.5 lakh in the first nine months. This 12% YoY rise in registrations has brought Rs 8,892 crore to the state exchequer.

November 2022 saw a 15 percent year-over-year increase in property registrations in Mumbai and a 22 percent year-over-year increase in government income collection.

According to Mumbai property specialists, the number of property sale registrations in BMC-registered Mumbai in September 2022 exceeded 8,600 units. These property registrations generated around 7341 Cr rupees to the economy of Maharashtra.