Mumbai records 97,188 housing sales in 2025; the ₹2 to ₹10 crore segment expands share

January 10, 2026

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Premium homes and infrastructure reshape Mumbai’s housing market; Rising demand in the ₹2–10 crore segments signals a clear shift towards lifestyle-led housing

Mumbai real estate update: The city's housing market closed 2025 on a steady note, recording a 1% year-on-year rise in sales to 97,188 units, with momentum strengthening in the second half as transactions grew 3% YoY to 50,153 units.

Mumbai’s housing market closed 2025 on a steady note, recording a 1% year-on-year rise in sales to 97,188 units, with momentum strengthening in the second half as transactions grew 3% YoY to 50,153 units, according to a report by Knight Frank India.

Beneath the headline stability, the market underwent a structural shift towards premiumisation, with higher participation in the ₹2 crore to ₹5 crore and ₹5 crore to ₹10 crore segments reflecting stronger buyer confidence and a growing preference for lifestyle-led housing, it said.

Developers responded with supply discipline, trimming annual launches by about 10% to manage inventory, while a 7% price appreciation and expanding metro connectivity continued to push demand towards peripheral micro-markets that offered better value and faster commutes, it said.

As for the commercial office segment, the report stated that Mumbai’s office market remained steady in 2025, with total annual leasing reaching 9.8 million sq ft, a fall of 5% on a YoY basis. However, the report still positioned 2025 as the second strongest year for commercial activity in over 10 years. Furthermore, transactions in H2 2025 totalled 4.3 million sq ft, representing a 6% decline compared to the same period last year.

Source: hindustantimes

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