MMR saw a decrease in sales in Island City by 14% followed by Panvel (4%) and Thane (2%),

By Varun Singh

Mumbai Metropolitan Region (MMR) witnessed a decrease in sales in the Island City. This is what was revealed in a report by Liases Foras.

QoQ
Sales decreased in Island City by 14% followed by Panvel (4%) and Thane (2%),

Sales increased in Western Suburb Extended by 66%, Western Suburb (15%), Central Suburb (14%), Central Suburb Extended
(7%) and New Mumbai (2%)

Unsold stock reduced 6% in New Mumbai

Unsold stock increased in Western Suburb Extended by 8%, Thane by 6%, Island City by 5%, Central Suburb Extended by 4%, Central Suburb by 3% and Western Suburb by 2%.

The overall sales figures in MMR: Source: Liases Foras
The overall sales figures in MMR: Source: Liases Foras

YoY
Unsold stock decreased maximum in New Mumbai (12%)

Maximum gain in unsold stock is in Western Suburb Extended and Central Suburb by 7%.

Unsold stock in MMR
Unsold stock in MMR

Also Read: Residential demand in Mumbai increases 15.2 percent

You May Also Like

Ajay Devgn Leases Mumbai Office Space for Rs. 7 Lakh Per Month

Bollywood actor Ajay Devgn has leased his office space in Mumbai’s Signature Tower for Rs. 7 lakh per month. The 3,455 sq. ft. property, secured with a Rs. 30 lakh deposit, features three car parking spaces and is located in a prime area known for its connectivity and business appeal. The 5-year lease underscores the high demand for commercial spaces in this vibrant part of Mumbai.

Buyer asks interest from builder’s profit, RERA says

A home buyer cancelled his booking, post which the builder sold the…

Bengaluru Homebuyers rate access to public spaces, green surroundings and sustainable lifestyle as top priorities

Being close to nature has become an important parameter for homebuyers in…

Actor Prithviraj and Wife buy a home in Bandra

By Varun Singh Indian actor Prithviraj Sukumaran along with wife Supriya Menon…