Mumbai Property Market Registers Greatest April In 13 Years With Over 12,000 Offers | Actual Property Information

Mumbai Property Market Registers Greatest April In 13 Years With Over 12,000 Offers | Actual Property Information

Mumbai: The property market within the monetary capital continues to point out robust momentum, with over 12,142 property registrations being recorded in April below the Brihanmumbai Municipal Company (BMC) jurisdiction, a brand new report stated on Wednesday. 

This marks the very best April efficiency within the final 13 years and represents a 4 per cent year-on-year (YoY) improve in registrations, based on the Knight Frank India report.

The residential demand stays a key driver of the market, with 80 per cent of the registered properties in April being houses — displaying that end-user curiosity in shopping for homes stays robust.

Shishir Baijal, Chairman and Managing Director of Knight Frank India, stated that the rise in registrations displays the rising curiosity in premium housing.

“The decrease house mortgage charges, because of the RBI’s cumulative 50 foundation factors fee lower, have supported demand,” he famous.

Baijal added that, “fast transmission of those fee cuts by banks would additional enhance affordability and assist keep market momentum.”

Properties priced above Rs 2 crore accounted for 25 per cent of complete registrations in April 2025, in comparison with 22 per cent a 12 months in the past.

Nonetheless, the lower-end of the market, together with properties priced under Rs 50 lakh, remained regular at 14 per cent.

When it comes to property measurement, houses measuring as much as 1,000 sq. ft continued to dominate registrations. Nonetheless, there was constant curiosity in bigger houses as effectively.

Properties between 1,000 and a couple of,000 sq ft maintained a 14 per cent share, whereas these over 2,000 sq ft held regular at 3 per cent.

This displays a steady demand for spacious dwelling, presumably pushed by evolving life-style wants and work-from-home preferences, the report talked about.

Geographically, the Western and Central suburbs remained essentially the most most popular places, making up 85 per cent of complete registrations.

Nonetheless, Central and South Mumbai additionally noticed a slight improve of their share of registrations, rising by 1 per cent.

This shift signifies rising purchaser curiosity in premium and rising places, backed by new venture launches and improved infrastructure, the report added.

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