Real Estate Mumbai
Homebuyers Losing Liveable Space as Loading Surges in Major Cities
A recent report by Anarock Property Consultants reveals that homebuyers in major cities like Mumbai, Delhi NCR, and Bengaluru are getting less liveable space and more common areas due to a significant increase in loading percentages.
Real Estate
Mumbai's Property Market Sees Rs 1,062 Crore Revenue from 11,565 Unit Sales in May
Despite a 4% year-on-year decline in property registrations, Mumbai's real estate market generated Rs 1,062 crore in revenue from the sale of 11,565 properties in May. The increase in revenue is attributed to higher transactions in the Rs 5 crore and above segment.
Real Estate Mumbai
Mumbai's Property Market Registers Rs 1,062 Crore Revenue from 11,565 Sales in May 2025
Mumbai city, under the BMC jurisdiction, saw the sale of 11,565 properties in May 2025, contributing Rs 1,062 crore to the state's revenue. Despite a 4% year-on-year decline in property registrations, the stamp duty collection increased by 3%.
Real Estate Mumbai
Mumbai Registers Over 11,500 Property Sales in May, Boosting State Revenue
Mumbai, under the jurisdiction of the BMC, witnessed a significant surge in property sales, with 11,565 units sold in May 2025, contributing Rs 10.62 billion to the state's revenue.
Real Estate Mumbai
Mumbai Property Tax Hike Up to 15%: Here’s What You Need to Know
The Brihanmumbai Municipal Corporation (BMC) has increased property tax by up to 15% for the year 2025-26, affecting over 9 lakh properties in Mumbai. However, some areas are experiencing even higher hikes.
Real Estate Mumbai
Mumbai BMC Increases Property Tax by up to 15% After a Decade
After almost a decade, the BMC has raised property tax rates by up to 15% for over 9 lakh properties in Mumbai for the 2025-26 fiscal year. This increase has been a point of contention among residents, with some areas experiencing hikes higher than the official 15%.