Business Standard-Mumbai gets ₹896 cr as stamp duty from 11,500 property registrations in Feb
Mumbai’s property market continued its strong performance in February, recording 11,541 sale registrations under the Brihanmumbai Municipal Corporation’s jurisdiction. The registrations contributed Rs 896 crore in stamp duty revenue to the state government, according to data from Knight Frank India.
Despite February being a shorter month, Mumbai maintained an average of 412 daily property registrations, marking a 4 per cent sequential increase from January 2025 (395 units). Meanwhile, daily stamp duty collections remained stable at Rs 32 crore, up from Rs 31 crore in February 2024. The increase in stamp duty revenue was attributed to a higher proportion of high-value transactions.