In a significant milestone, Mumbai's real estate market has witnessed a surge, with over 12,000 property registrations recorded in April 2025, as reported by Knight Frank India, a leading real estate consultant.
Real EstateProperty RegistrationsMumbaiKnight Frank IndiaHousing MarketReal EstateApr 30, 2025
The 12,142 property registrations in April 2025 mark a 13-year high in Mumbai's real estate market, indicating a strong recovery and sustained demand in the housing sector.
The key factors include favorable interest rates, government incentives like the Pradhan Mantri Awas Yojana, and improved infrastructure such as the Mumbai Coastal Road and the metro network.
One of the main challenges is the availability of affordable land, particularly in prime locations, which has led to an increase in property prices and made it difficult for middle-income groups to enter the market.
Government initiatives such as the Pradhan Mantri Awas Yojana provide financial assistance to first-time homebuyers, thereby stimulating demand in the affordable housing segment and boosting the overall market.
The outlook for Mumbai's real estate market remains positive, with strong fundamentals and economic resilience expected to sustain the momentum and attract more investments.
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