Mumbai’s real estate market logged a robust performance during the 2025 festive season, with 10,630 property registrations across the Navratri and Ganesh Chaturthi periods, a 23 % rise over the 8,604 deals recorded in 2024. The data, compiled from the Maharashtra IGR and analysed by Knight Frank India, underscores renewed buyer confidence.
During the 10-day Navratri stretch (September 22 to October 1), 6,238 properties were registered, a jump of 20 % compared to 5,199 in the same period last year. Meanwhile, the Ganesh festival window (August 27 to September 6) saw 4,392 registrations — 29 % higher than in 2024, when there were 3,405.
Even the typically slow Shradh period witnessed uplift: 3,368 properties were registered in 2025, up 5 % from 3,216 in 2024.
The surge had a direct impact on state revenues. During Navratri alone, the average daily revenue collection climbed from ₹56 crore to ₹59 crore, with total collections touching ₹587 crore, up from ₹502 crore the previous year. Across all festivals, this translated to a 17 % year-on-year rise in stamp duty and registration earnings.
Analysts attribute the strong festival season tally to reenergised demand, stable interest rates and sustained optimism in residential markets. The performance signals that festivity-led buying appetite remains a powerful trigger in city markets, even overcoming seasonal headwinds.
