Mumbai, Apr 1 Property registrations in the Mumbai Municipal Region in January-March increased by 1% to 40,231 units due to strong demand, according to Knight Frank.
Property registrations in Mumbai stood at 39,816 units in the previous year.
Citing data from the Maharashtra government's Department of Registrations and Stamps (IGR), real estate consultant Knight Frank stated that Mumbai city (the area under BMC jurisdiction) recorded 15,983 property registrations in March, up 3% from 15,501 units in the same months last year.
In January and February 2026, the registration of properties stood at 11,219 units and 13,029 units, respectively.
The data includes transactions in both the primary and secondary markets.
"This marks the highest monthly registration volume for March in the past 14 years, surpassing the high observed in March 2025, underscoring the continued strength and resilience of the city's residential market," the consultant said.
Residential properties continued to dominate, accounting for nearly 80% 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 of proptech firm 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."