March Property Registrations in Mumbai Rise to Record Levels

1774977551606.webp
New Delhi, March 31 Property registrations in the Mumbai region in March rose by 3 per cent to 15,983 units, the highest in the past 14 years, according to Knight Frank.

Property registrations in Mumbai stood at 15,510 units during March last year.

In a statement on Tuesday, real estate consultant Knight Frank stated that the Mumbai city (area under BMC jurisdiction) recorded 15,983 property registrations in March. The data includes transactions in both the primary and secondary markets.

"This marks the highest monthly registration volume for the month of March in the past 14 years, surpassing the high observed in March 2026, underscoring the continued depth and resilience of the city's residential market," the consultant said.

In February 2026, property registrations stood at 13,029 units.

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, "The Mumbai residential market has demonstrated 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, 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."
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Last edited by a moderator:
Tags Tags
buyer confidence india real estate knight frank march 2026 market trends mumbai real estate property market property registrations real estate investment residential property

Editorial Note

This news article was written and created by Himanshu, and published on IST.
Back
Top