Mumbai city saw an 11 per cent increase in property registrations in 2024, reaching 1,41,202 units — a 13-year high — driven by strong housing demand, according to Knight Frank India. 

In December 2024, the city under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC) recorded 12,418 property registrations, generating Rs 1,134 crore in revenue for the state exchequer, as per the real estate consultant’s report, citing government data. Residential properties made up 80 per cent of the total registrations in December, news agency PTI reported.