Mumbai\u2019s property market has started 2026 on a slightly mixed note. While the number of registered property transactions dipped compared to last year, stamp duty collections still managed to rise, indicating that buyers are increasingly shifting towards higher-value homes.<\/p>\n
As per data released by the Maharashtra Inspector General of Registration (IGR), Mumbai recorded 11,219 property registrations in January 2026, showing an 8% year-on-year decline from 12,249 registrations in January 2025.<\/p>\n
However, despite fewer registrations, stamp duty collections increased by 2%, reaching \u20b91,012 crore, compared to \u20b9994 crore during the same period last year.<\/p>\n
This clearly suggests that the market is not slowing down drastically, rather, the nature of purchases is evolving.<\/p>\n