12,622 Mumbai Homes Registered in September as Ganesh Chaturthi Lifts Festive Property Activity

Mr. Kamlesh Thakur, President, NAREDCO Maharashtra and Co-Founder & Managing Director, Srishti Group, Mr. Shilpin Tater, Managing Director, Superb Realty, Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers, and Mr. Dhruman Shah, Promoter, Ariha Group, assess the buyer trends behind Mumbai’s 14 year September registration peak.

Mumbai’s residential property market recorded 12,622 registrations in September 2026, representing 5% growth compared with the same month last year and the highest September level in 14 years, according to figures cited from Knight Frank India.
Festive buying during Ganesh Chaturthi, observed from September 14 to September 25, accounted for 5,379 registrations. This represented an increase of 22% compared with the corresponding period a year earlier. Stamp duty collections during the festive period reached ₹640 crore.
The figures indicate continued homebuying activity as Mumbai moves into the festive quarter, with industry representatives pointing to buyer confidence, infrastructure improvements, connectivity and demand for residential developments across suburban markets as factors influencing transactions.

Mr. Kamlesh Thakur, President, NAREDCO Maharashtra and Co-Founder & Managing Director, Srishti Group, said, “Crossing the 12,600-unit milestone in property registrations this September; the highest for the month in over 14 years is a clear testimony to the sustained structural demand and high consumer confidence in Mumbai’s real estate market. The festive fervor surrounding Ganesh Chaturthi acted as a powerful catalyst, driving over 5,300 registrations and contributing ₹640 crore in stamp duty revenue in just a twelve-day period. As developer-led infrastructure improvements, enhanced connectivity, and steady economic fundamentals continue to align, we anticipate this strong momentum to build further into the upcoming Navratri, Dussehra, and Diwali period.”
The September numbers also point to continued interest among buyers seeking residential upgrades across different segments of Mumbai’s housing market.

Mr. Shilpin Tater, Managing Director, Superb Realty, said, “The September 2026 registration data underscores a mature market driven by end-users who are keen on upgrading their lifestyles. Achieving over 12,600 registrations during a month that traditionally sees varied transaction pacing shows that homeownership remains a top financial priority for urban buyers. The sharp uptick during Ganesh Chaturthi underscores the deep-rooted sentiment attached to festive buying in MMR. Projects that offer well-designed layouts, modern amenities, and timely delivery continue to witness robust traction across premium and mid-segment developments.”
Connectivity and the availability of housing in suburban micro markets were also cited as considerations influencing buyer decisions.

Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers, said, “The 14-year high in September property registrations reflects the ongoing buyer emphasis on lifestyle upgrades, well-connected suburban micro-markets, and quality living spaces. The strong festive response during Ganesh Chaturthi—generating over ₹640 crore for the state exchequer highlights that buyer intent translates swiftly into real closures when backed by infrastructure enhancements and developer credibility. As infrastructure connectivity across Mumbai continues to shrink travel times, transit-oriented luxury and semi-luxury developments will continue to see elevated buyer demand.”
The Ganesh Chaturthi period accounted for more than 5,300 registrations within the month’s overall total, illustrating the concentration of transactions during the festive window.

Mr. Dhruman Shah, Promoter, Ariha Group, said, “Recording over 5,300 registrations in the short span of Ganesh Chaturthi alone proves that market fundamentals remain robust. Buyers are selectively gravitated toward reputable developers who offer value, transparency, and superior location advantages. The healthy run-rate seen in September validates that real estate remains the most favored asset class for long-term wealth creation and security in Mumbai. We expect this positive buyer sentiment to escalate further through the remaining quarter.”
With Navratri, Dussehra and Diwali following the September festive period, industry representatives expect buyer activity to continue through the remaining festive quarter. The September registration figures provide the latest indication of how festive buying, location preferences and housing requirements are influencing Mumbai’s residential property market.

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