The property market is not like a stock market. The craze of luxury flats in Mumbai still remains intact. According to the report of Knight Frank, there has been strong registration in Mumbai in February. Not just real estate, the market focus is also on the Home Improvement Sector. If we look at the reports of the registration and night francs in Mumbai, it is found that the craze of luxury flats is maintained. According to Mumbai’s property registration data, 11,541 property registrations have been done in February 2025. At the same time, 12,056 property registrations were held in February 2024. At the same time, 9,684 property registrations were held in February 2023.
Property registration in Mumbai earned Rs 896 crore from stamp duty in February 2025. In February 2025, 412 property has been registered in Mumbai in February 2025. Looking at the ticket size, in February 2025, the registration of expensive property in Mumbai has gained 15 per cent on an annual basis. At the same time, property registration of less than Rs 50 lakh has declined by 19 percent on an annual basis.
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Looking at the data of property registration in Mumbai, the share of houses less than Rs 50 lakh in the property registration in February 2025 was 26 per cent. At the same time, in February 2024, the category stake was 29 per cent. The share of houses ranging from 50 lakh to 1 crore rupees in the property registration in February 2025 was 30 per cent. Whereas, in February 2024, the category stake was 29 per cent. Similarly, houses ranging from Rs 1 to 2 crore in property registration in February 2025 were 26 percent. Whereas, in February 2024, the category stake was 25 per cent.
In the property registration of February 2025, houses ranging from Rs 2 to 5 crore were 14 per cent. Whereas, in February 2024, the category stake was 13 per cent. The share of houses worth more than Rs 5 crore in the property registration in February 2025 was 5 per cent. At the same time, in February 2024, the category stake was 4 per cent.