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Property registrations in Mumbai fall 4% in May
Financial Express Lucknow
|June 03, 2025
Properties of ₹5 cr & above buck the trend
MUMBAI CITY SAW a decline of 4% year-on-year in monthly property sales registrations at 11,565 in May 2025, mainly due to drop in registrations of properties priced between ₹2-5 crore. This is the first time the city saw a y-o-y drop in registrations in the last eight months, according to data collated by Knight Frank.
However, registrations in the luxury segment, where property are priced at ₹5 crore and above saw a 24% growth during the month. The segment share in overall registrations also went up from 5% in May 2024 to 7% in May 2025.
This story is from the June 03, 2025 edition of Financial Express Lucknow.
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