Mumbai Registrations Rise 9% in October to 12,690; Stamp Duty Up 13%

November 2, 2026 | Mumbai recorded 12,690 property registrations in October 2026, up 9% from 11,649 a year earlier, and stamp duty collections rose about 13% to Rs 1,173 crore from Rs 1,040 crore (some outlets round the rise to 12%), according to Knight Frank India's analysis of Maharashtra government data.

What is the picture over the year?

January to October: 132,040 registrations, up 7%, with stamp duty of Rs 11,756 crore, up 5% from Rs 11,186 crore
Streak: registrations have stayed above 12,000 for nine months in a row
Over a decade: October registrations have risen from 4,902 in 2013 to 12,690, about 2.6 times (our calculation)

How did the festive calendar play out?

The Shraddh period, from September 26 to October 10, saw 3,419 registrations, up 2% from the same period last year, with the daily average at 311 against 306. The nine-day Navratri window had 4,680 registrations, which was lower than the exceptionally strong total last year, though daily activity held up because the festival had fewer working days.

Why did revenue grow faster than volume?

Stamp duty rose faster than registrations, which BW Businessworld read as revenue outpacing transaction counts. Knight Frank has not said whether higher-value homes made up a bigger share, so the data does not prove it.

What does Knight Frank say?

Chairman and managing director Shishir Baijal said the market showed resilience and depth, particularly given the seasonal factors, and that it is well positioned heading into Diwali, supported by economic growth, rising aspirations and end-user participation.

What to watch

Diwali is on November 8. A strong festive week would extend the run of 12,000-plus months, but the RBI's October rate hike could weigh on price-sensitive buyers. Knight Frank usually publishes November data on the first or second day of December.