Mumbai, June 1 -- residential real estate market continued its strong run in May 2026, registering 12,315 property transactions, a 7% year-on-year increase, making it the highest number of registrations recorded for the month of May in the last 14 years. The Maharashtra government also collected over Rs.1,051 crore in stamp duty revenue during the month, reflecting sustained housing demand across the city.
According to data from the Maharashtra Department of Registrations and Stamps (IGR) analysed by Knight Frank India, the latest figures surpassed the previous May peak recorded in 2025. However, on a sequential basis, registrations declined by 14% compared to April 2026, while stamp duty collections fell 9% month-on-month, indicating a de...