Home / Business / Mumbai Property Market Registers Best April In 13 Years With Over 12,000 Deals
Mumbai Property Market Registers Best April In 13 Years With Over 12,000 Deals

Mumbai Property Market Registers Best April In 13 Years With Over 12,000 Deals

Mumbai: The belongings marketplace within the monetary capital continues to turn robust momentum, with over 12,142 belongings registrations being recorded in April below the Brihanmumbai Municipal Corporation (BMC) jurisdiction, a brand new file mentioned on Wednesday. 

This marks the most productive April efficiency within the remaining 13 years and represents a 4 according to cent year-on-year (YoY) building up in registrations, in line with the Knight Frank India file.

The residential call for stays a key driving force of the marketplace, with 80 according to cent of the registered homes in April being houses — appearing that end-user passion in purchasing properties stays robust.

Shishir Baijal, Chairman and Managing Director of Knight Frank India, mentioned that the rise in registrations displays the rising passion in top rate housing.

“The lower home loan rates, thanks to the RBI’s cumulative 50 basis points rate cut, have supported demand,” he famous.

Baijal added that, “quick transmission of these rate cuts by banks would further improve affordability and help maintain market momentum.”

Properties priced above Rs 2 crore accounted for 25 according to cent of general registrations in April 2025, in comparison to 22 according to cent a yr in the past.

However, the lower-end of the marketplace, together with homes priced under Rs 50 lakh, remained stable at 14 according to cent.

In phrases of belongings dimension, houses measuring as much as 1,000 sq. ft persisted to dominate registrations. However, there used to be constant passion in higher houses as smartly.

Properties between 1,000 and 2,000 squareft maintained a 14 according to cent proportion, whilst the ones over 2,000 squareft held stable at 3 according to cent.

This displays a strong call for for spacious dwelling, perhaps pushed by means of evolving way of life wishes and work-from-home personal tastes, the file discussed.

Geographically, the Western and Central suburbs remained essentially the most most well-liked places, making up 85 according to cent of general registrations.

However, Central and South Mumbai additionally noticed a slight building up of their proportion of registrations, emerging by means of 1 according to cent.

This shift signifies rising purchaser passion in top rate and rising places, sponsored by means of new venture launches and progressed infrastructure, the file added.


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