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BusinessHindustan Times

Mumbai property registrations set to cross 13,600 in July; stamp duty may exceed ₹1,200 crore

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  1. Mumbai is expected to register 13,617 property transactions in July 2026, an 8.3% year-on-year increase, the highest for the month in over 14 years, per Knight Frank India analysis of Maharashtra IGR data.

  2. The Maharashtra government is projected to collect ₹1,223 crore in stamp duty, up 8.9% YoY and 13% MoM, reflecting demand for higher-value homes.

  3. Registrations rose 2% month-on-month, indicating continued strength in Mumbai's housing market.

  4. Shishir Baijal of Knight Frank India said the performance reflects resilient end-user demand and confidence in homeownership despite a high comparative base.

  5. In June 2026, Mumbai recorded over 13,000 registrations (up 15% YoY) with stamp duty collections crossing ₹1,000 crore; May 2026 saw 12,315 registrations.

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Mumbai property registrations set to cross 13,600 in July; stamp duty may exceed ₹1,200 crore · in5points