India, Oct. 23 -- Mumbai recorded 4,680 property registrations during the nine-day Navratri period, down 25% from 6,238 registrations during the corresponding period last year. Revenue from property registrations declined 15% year-on-year (YoY) to Rs.499 crore, according to IGR data accessed by Knight Frank India.

Navratri was celebrated from October 11 to 19 this year, compared with September 22 to October 1 in 2025.

The decline can partly be attributed to a higher base in the previous year, when Navratri extended over 10 days and included only one Sunday, allowing nine working days for registrations. In contrast, this year's festival period of 9 days included two Sundays, leaving seven working days. The lower number of working days, c...