# Mumbai residential real estate market trends > Live situation record from CLSTR: https://clstr.news/situations/mumbai-residential-real-estate-market-trends > Updated: 2026-10-27T05:27:06.000Z. Sources: 3. Developments: 2. The Mumbai real estate market has shown significant momentum, characterized by high registration volumes and a growing demand for premium housing. In September, property registrations reached 12,622 units, marking a 14-year high for that month. This activity was bolstered by the Ganesh Chaturthi festival, which saw a 22 per cent increase in registrations compared to the previous year. By the first half of FY27, the luxury residential segment experienced a surge, with 3,145 luxury property registrations totaling ₹32,623 crore between April and September 2026. Data indicates an average of more than 17 homes priced at ₹5 crore or more were sold daily. Growth accelerated in the second quarter, where ultra-luxury deals—defined as properties priced at ₹50 crore or more—more than doubled compared to the first quarter. Worli was identified as a leading area for luxury value, accounting for approximately 17 per cent of all deals. ## Timeline ### 2026-10-27: Mumbai luxury housing market sees significant growth in H1 FY27 Mumbai's luxury real estate market recorded ₹32,623 crore in transactions during H1 FY27, driven by high-value deals in areas like Worli, despite broader national concerns regarding housing affordability. 3 sources. https://clstr.news/cluster/mumbai-luxury-housing-market-sees-significant-growth-in-h1-fy27 ### 2026-09-30: Mumbai property registrations hit 14-year high for September Mumbai's property registrations hit a 14-year high for September, driven by strong festive demand and a growing preference for premium housing and well-connected locations. 2 sources. https://clstr.news/cluster/mumbai-property-registrations-hit-14-year-high-for-september --- Cite as: Mumbai residential real estate market trends. CLSTR, https://clstr.news/situations/mumbai-residential-real-estate-market-trends