Browsing Tag
Market Trends
4 posts
Mumbai’s Property Market Shows Resilience with Rising Registration Figures and Revenue
Mumbai’s property market is witnessing a remarkable upswing, with October 2024 recording 12,714 registrations and generating ₹1,187 crore in revenue. This significant growth compared to the previous year highlights a recovering market fueled by favorable economic conditions and increasing buyer confidence. Explore the implications of this trend for both homebuyers and investors in the city.
MMR Housing Market Overview: Q3 2024 Shows Mixed Trends in Launches and Sales
The Q3 2024 housing market overview for the Mumbai Metropolitan Region (MMR) reveals significant declines in both new launches and sales, with approximately 29,600 units launched—an 18% year-over-year decrease. Despite a challenging environment, affordable and mid-range segments continue to attract buyer interest, highlighting evolving trends in the region’s real estate landscape.
