Mumbai Property Sales Cross 11K in August 2025

Mumbai’s property market continued its strong momentum in August 2025, registering over 11,000 property deals for the month, sustaining its streak of crossing 10K registrations.

While luxury transactions and celebrity buys attract headlines, the core driver of housing demand remains mid-income homebuyers, particularly those seeking compact and affordable homes in well-connected suburbs. According to Knight Frank India, nearly 48 percent of August registrations were for properties priced under Rs. 1 crore, up from 44 percent a year earlier.

Key Highlights

• Mumbai property registrations crossed 11,000 in August 2025
• 48 percent of sales were for homes priced under Rs. 1 crore
• Western and Central suburbs drove 86 percent of total registrations

Homes between 500–1,000 sq. ft. dominated, accounting for 85 percent of registrations, reflecting end-user demand for functionality and affordability. The Rs. 1–2 crore bracket held steady at 31 percent, while the Rs. 2–5 crore segment dipped slightly to 16 percent. Notably, homes above Rs. 5 crore edged up to 6 percent, reflecting steady HNI demand for trophy assets.

Shishir Baijal, Chairman and MD of Knight Frank India, noted: “Mumbai’s housing market has remained consistent in 2025, with monthly registrations staying above 11,000 and revenue collections crossing Rs1,000 crore. Demand for homes up to 1,000 sq. ft. continues to remain resilient, and transactions in the Rs. 5 crore-plus segment have also held steady.”

Geographically, Western and Central suburbs contributed 86 percent of registrations, underlining their popularity for connectivity and infrastructure. Stamp duty collections stood at Rs. 1,000 crore in August, down 6 percent YoY, but cumulative collections for January–August 2025 reached Rs. 8,854 crore, signaling sustained confidence.

The data reveals a dual-track market: luxury buyers acquiring marquee assets in South Mumbai and Worli, while mid-income end-users quietly shape the city’s housing volume. These buyers, often salaried professionals, small business owners, or first-time buyers, prioritize practicality—whether a 2BHK in Kandivali, a flat in Mulund near schools, or a resale in Chembur.

Also Read: Mumbai Real Estate market maintains momentum in July 2025

As Mumbai hits 1 lakh annual registration milestone, the city’s housing momentum is increasingly defined not just by affluence, but by the persistence and aspirations of the middle class.