Property registrations in Mumbai are expected to increase by 7% in August, driven by strong demand and a positive economic outlook.
Mumbai PropertyReal EstateKnight Frank IndiaProperty RegistrationsMaharashtra GovernmentReal Estate MumbaiAug 31, 2024
7% annually, reaching 11,650 units
Maharashtra government data, as reported by Knight Frank India
It indicates a strong demand for housing and commercial spaces, and is a positive sign for the real estate sector in the state.
Implementation of the Real Estate (Regulation and Development) Act, 2016, and infrastructure development, including construction of new roads, highways, and public transportation systems.
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