Mumbai city (under BMC jurisdiction) registered sales of 11,565 properties in May 2025, contributing Rs 1,062 crore to the state’s revenue, real estate consulting firm said. 

While property registrations declined by 4 per cent year-on-year (YoY) in May, the stamp duty collection witnessed a rise of 3 per cent during the same period. This uptick in revenue is attributed to a rise in transactions in the Rs 5 cr and above segment.

The market continues to be driven by residential demand, with 80 per cent of all registrations in the month attributed to residential properties.