India, Oct. 31 -- The Mumbai real estate market is expected to record approximately 11,200 property registrations in October 2025, a 14% decline compared to 13,200 units during the same period last year. Additionally, stamp duty collections reached Rs.1,004 crore, a 17% decline compared to Rs.1,205 crore during the same period last year, according to Maharashtra IGR data.

The fall in property registrations and stamp duty was reported due to a high base of October 2024, which had seen a strong festive momentum driven by Navratri and Diwali, Knight Frank India, a real estate consultancy, said.

In contrast, this year's festive activity was concentrated in September, with Navratri taking place from 22 September to 1 October, and only Diwali...