In March, property registrations in the Mumbai area increased by 3 percent to 15,983 units, the highest level in 14 years, as reported by Knight Frank.
In March of the previous year, property registrationsin Mumbai reached 15,510 units.
In a Tuesday announcement, real estate advisor Knight Frank reported that the Mumbai area governed by BMC saw 15,983 property registrations in March. The information encompasses transactions in both primary and secondary markets.
“The consultant stated that this represents the largest monthly registration volume for March in the last 14 years, exceeding the previous high recorded in March 2025, highlighting the ongoing strength and durability of the city’s housing market.”
In February 2026, there were 13,029 units registered as properties.
Residential properties remained the primary focus, representing almost 80 percent of overall registrations.
Shishir Baijal, International Partner, Chairman & Managing Director of Knight Frank India, stated, “Mumbai’s residential sector has shown significant growth, with March 2026 registrations exceeding last year’s heightened levels, marking the most robust March in more than ten years.”
This expansion emphasizes the significant end-user demand in the city, bolstered by stable economic conditions and ongoing buyer confidence, he noted.Akhil Saraf, Founder & CEO of Reloy, stated, “For a long time, real estate has been viewed as a dependable investment, and the property registrations hitting a 14-year peak this March validate that it stays a stable asset — even as other asset classes face underperformance or volatility.”
