Mumbai, November 13, 2026: Mumbai registered 3,683 property transactions during the 11-day Diwali period in 2026, marking a 0.4% year-on-year increase from 3,668 registrations in the same period last year, according to data from the Maharashtra Department of Registrations and Stamps analysed by Knight Frank India. Revenue collections during the festival rose 13% year-on-year to INR 384 crore, up from INR 339 crore in 2025.
Both property registrations and revenue collections reached their highest levels for the Diwali period in the past four years, reflecting continued housing demand in the city.
Festival period sees sustained growth
The Diwali period in 2026, spanning November 1 to November 11, saw the strongest performance since 2023. In comparison, Diwali 2025 recorded 3,668 registrations and INR 339 crore in revenue, while Diwali 2024 and 2023 saw 2,339 and 3,346 registrations, and INR 231 crore and INR 252 crore in revenue, respectively. Each period covers eleven calendar days, including three or four non-working days depending on the year.
Year-to-date and October trends
In October 2026, Mumbai recorded 12,690 property registrations, a 9% increase year-on-year. From January to October 2026, registrations rose 7% year-on-year to 1,32,040 units, building on an already elevated base. This sustained growth points to stable underlying demand, with homebuyer activity remaining robust through the festive season.
Activity during Shraddh and Navratri
Property registrations remained active during other key periods preceding Diwali. Mumbai recorded 3,419 registrations during Shraddh (September 26 to October 10, 2026), a period traditionally seen as inauspicious for property purchases, and 4,680 registrations during Navratri (October 11 to 19, 2026).
Market outlook and expert view
Shishir Baijal, International Partner, Chairman & Managing Director, Knight Frank India, said the marginal increase in Diwali-period registrations indicates stable transaction volumes, while the 13% rise in revenue collections points to higher-value transactions. He added that the continued growth in registrations during the first ten months of the year reflects sustained homebuyer interest and the depth of demand in Mumbai’s housing market.
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