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flag Mumbai's stamp duty revenue hit a record in January 2026, driven by high-value home sales despite fewer property registrations.

flag Mumbai set a record for stamp duty revenue in January 2026, reaching over Rs 1,012 crore despite an 8% year-on-year drop in property registrations. flag The increase in revenue, up 2%, was driven by a rise in high-value transactions, particularly in mid-to-premium segments, with homes over Rs 5 crore making up 7% of deals. flag Strong demand in suburban areas, especially western and central suburbs, and continued infrastructure development supported the market, while affordability pressures reduced entry-level sales. flag The 500–1,000 sq ft segment remained most popular, accounting for 83% of transactions.

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