Browsing Tag

Property Registrations

11 posts
MHADA's list of dangerous buildings in Mumbai is out/ Representational Pic

Central Suburbs: Mumbai’s Key Hotspot for Real Estate Investments

Central Suburbs of Mumbai are witnessing a boom in real estate activity, with a 13% rise in property registrations in 2024. Driven by affordable pricing, excellent connectivity, and major infrastructure projects, the area has become a prime investment destination for both residential and commercial buyers.
Mumbai

Mumbai’s Real Estate Boom: A Developer’s Perspective on Rising Property Registrations

Mumbai’s real estate market is booming, with record property registrations fueled by favorable government policies, evolving buyer preferences, and strategic developer initiatives. In Q3 2024, the Mumbai Metropolitan Region (MMR) captured 32% of India’s total real estate market share, driven by strong demand for mid-income and affordable housing in suburban areas like Thane, Navi Mumbai, and Panvel. Developers are adapting by offering attractive festive discounts, virtual property tours, and focusing on modern amenities and improved connectivity to meet the changing needs of homebuyers.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Mumbai Sees Record Property Registration Revenue During Diwali Boom

In a remarkable display of market resilience, Mumbai’s property registrations hit a record high during the Diwali season, with October 2024 witnessing a revenue collection of ₹1,081 crore. This 52% increase over last year highlights a growing trend towards higher-ticket home sales, as the city embraces a festive boom in real estate activity.
Mumbai property market growth Navratri 2024

Mumbai’s Property Market Registers Growth During Navratri 2024, Signals Festive Optimism

During the Navratri festival, Mumbai’s property market recorded a 13.2% increase in property registrations, totaling 5,199 transactions from October 3 to 11, 2024. The surge signals growing buyer confidence and a thriving real estate sector, supported by favorable economic conditions and strategic investments.
Mumbai home sales September 2024 decline

Shradh Spoils Home Sales in September 2024

Mumbai’s home sales plummeted in September 2024, recording just 9,012 registrations, the lowest since the start of the financial year. The decline is attributed to the Shradh period, traditionally viewed as inauspicious for purchasing property. This year’s registrations generated ₹872 crore in revenue, significantly lower than the ₹1,126 crore recorded in September 2023.