Mumbai’s housing market remained resilient in February 2025, with the number of units registered at 12,066, flat year-on-year (-1% YoY) despite the shorter month. This marks the highest-ever registration for February, underscoring strong demand momentum in the city’s residential segment.
Key takeaways from Nuvama’s report:
- Average daily transactions increased 9% month-on-month (MoM) and 4% YoY.
- Total value of registered units surged 6% YoY to ~₹156 billion (down 6% MoM).
- A robust launch pipeline and potential mortgage rate cuts are expected to boost future sales.
The report suggests that leading Mumbai-based real estate developers, including Lodha, Oberoi Realty, Godrej Properties, Rustomjee, and Sunteck, stand to benefit from sustained demand and improving affordability trends.