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MMR Housing Market
4 posts
RBI Keeps Repo Rate at 5.5%: What It Means for Your Home Loan EMIs This Festive Season
The RBI’s decision to hold the repo rate at 5.5% ensures no change in home loan EMIs, giving relief to borrowers ahead of the festive season. Experts from CREDAI-MCHI, ANAROCK, Colliers, JLL, and others highlight how stable EMIs, GST relief, and festive demand create a golden window for homebuyers.
Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024
Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.
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.