Mumbai city recorded 12,848 property registrations in February, generating more than Rs 1,118 crore in stamp duty revenue for the state exchequer. This marks the strongest February performance in 14 years for both registrations and revenue, according to data from the Maharashtra Department of Registrations and Stamps and Knight Frank India.

Registrations rose 6 per cent year-on-year (YoY) from 12,066 in February 2025, while stamp duty collections increased 20 per cent YoY from Rs 935 crore, reflecting a higher share of premium and large-ticket transactions. Residential properties accounted for nearly 80 per cent of total registrations.