Mumbai ’s property market delivered its strongest September on record, defying the usual slowdown during the inauspicious Shraddh period. Property registrations in the Mumbai municipal region surged 32% year-on-year to 12,070 units, while stamp duty collections jumped 47% to ₹1,292 crore, according to Knight Frank India.
The upswing was largely driven by the shifting festive calendar. Unlike last year, when Shraddh stretched into October and delayed home buying, in 2025 the fortnight ended earlier (September 7–21) and was immediately followed by the onset of Navratri (September 22–October 2). This overlap helped sustain buyer activity and translate into the best-ever September performance for Mumbai’s real estate market.
Momentum also reflected steady demand for housing, with residentia