Worli Home Price Slashed: From ₹2.62 Crore to ₹2.09 Crore

MHADA has reduced home prices in its Mumbai lottery, with significant cuts across various income groups. A Worli property that was priced at ₹2.62 crore is now available for ₹2.09 crore. Other reductions include a Chembur home now priced at ₹83 lakh, and a Tardeo property down to ₹6.82 crore from ₹7.57 crore. These changes aim to make housing more affordable across Mumbai.

Mumbai Property Registrations Rise 8% YoY in August 2024; Stamp Duty Collections Up 32%

**Mumbai Property Registrations Rise 8% YoY in August 2024** In August 2024, Mumbai’s property registrations increased by 8% year-on-year, totaling 11,735, up from 10,902 in August 2023. Despite a seasonal drop due to the monsoon, which reduced registrations by 5% from July’s 12,373, the market showed resilience. Stamp duty collections surged by 32% to ₹1,072 crore, reflecting strong buyer confidence and a high volume of transactions. Residential properties made up around 80% of the total registrations, indicating robust demand and market stability.

JLL Facilitates Landmark Student Housing Deal in Mumbai

Mumbai, August 28, 2024 — In a move set to redefine non-campus…

Mumbai Real Estate Market Sees Record Highs in Property Prices

Mumbai’s real estate market has recently reached unprecedented levels, with property prices…

Mumbai’s Residential Market Set to Surpass INR 2 Lakh Crore by 2030, Says JLL Report

Mumbai’s residential real estate market is poised for substantial growth, with projections…