Mumbai Records Highest February Property Registrations and Stamp Duty Collections in 14 Years

Mumbai's property market recorded its strongest February in 14 years, with 13,029 registrations and over Rs 1,134 crore in stamp duty collections, reflecting an 8% and 21% year-on-year increase respectively. Residential properties made up nearly 80% of registrations, driven by end-user demand and supported by stable macroeconomic conditions and infrastructure projects like the Coastal Road. The market showed a shift toward premium segments, with rising shares in properties priced above Rs 1 crore, indicating structural stability and broad-based growth across suburban and micro-markets.