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Mumbai Property Market Generates Over ₹1100 Crore in Revenue from Sales in July

Real Estate Mumbai

Mumbai Property Market Generates Over ₹1100 Crore in Revenue from Sales in July

Mumbai's property market saw a significant boost in July, with over 12,366 properties registered, generating ₹1,101 crore in revenue from stamp duty and other charges. The market continues to be driven by residential demand, particularly for larger homes and properties priced above ₹5 crore.

July 31, 2025
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Mumbai's Property Market Surges: ₹1101 Crore in Revenue from July Sales

real estate news

Mumbai's Property Market Surges: ₹1101 Crore in Revenue from July Sales

Mumbai's property market witnessed a robust performance in July, with over 12,366 properties registered, contributing ₹1,101 crore to the exchequer. The residential sector dominated the registrations, showing steady buyer confidence.

July 31, 2025
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PMC Sets Monthly Targets for Property Tax Inspectors: Crackdown on Unauthorized Use

Real Estate Pune

PMC Sets Monthly Targets for Property Tax Inspectors: Crackdown on Unauthorized Use

Pune, 11th July 2025: The Pune Municipal Corporation (PMC) has introduced monthly targets for property tax inspectors to enhance revenue collection and tackle unauthorized property use across the city.

July 11, 2025
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Mumbai Real Estate Sector Witnesses Record Property Registrations and Revenue in H1 2025

real estate news

Mumbai Real Estate Sector Witnesses Record Property Registrations and Revenue in H1 2025

Mumbai's real estate sector has seen a historic surge in property registrations and government revenue during the first half of 2025, indicating a robust market recovery and sustained demand.

June 30, 2025
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Pune: PCMC Launches Property Tax Seizure Drive from July 1; Defaulters Face Asset Confiscation

Real Estate Pune

Pune: PCMC Launches Property Tax Seizure Drive from July 1; Defaulters Face Asset Confiscation

The Pimpri Chinchwad Municipal Corporation (PCMC) is set to commence a rigorous property tax recovery campaign from July 1, targeting defaulters with asset seizures and legal action.

June 30, 2025
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Mumbai's Real Estate Market Surges in H1 2025, Led by High-Value Homes

real estate news

Mumbai's Real Estate Market Surges in H1 2025, Led by High-Value Homes

Mumbai's real estate market has achieved a record-breaking performance in the first half of 2025, with property registrations reaching 75,672 units, a 4% increase year-on-year. Revenue collections surged to Rs 6,699 crore, driven by high-value properties and strategic policy timing.

June 30, 2025
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Aurangabad: CSMC Cracks Down on Property Tax Evaders by Sealing Shops

Real Estate Pune

Aurangabad: CSMC Cracks Down on Property Tax Evaders by Sealing Shops

In a significant move to curb property tax evasion, the Corporation of Shivaji Maharaj’s City (CSMC) in Aurangabad has sealed several shops. This action is part of an ongoing effort to ensure that all property owners comply with their financial obligation

December 13, 2024
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Pune: Over 2.5 Lakh Unassessed Properties Identified in Pimpri-Chinchwad

Real Estate Pune

Pune: Over 2.5 Lakh Unassessed Properties Identified in Pimpri-Chinchwad

Pimpri, 6th December 2024: A property survey conducted by the Pimpri-Chinchwad Municipal Corporation (PCMC) has uncovered 2,51,165 unassessed properties, leading to a significant boost in the local revenue collection.

December 6, 2024
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Maharashtra's State Stamp Duty Department Reaps Rs 33,000 Crores in Eight Months

Real Estate Maharashtra

Maharashtra's State Stamp Duty Department Reaps Rs 33,000 Crores in Eight Months

Pune, 2nd December 2024: The Maharashtra State Registration and Stamp Duty Department has achieved a remarkable revenue of ₹33,000 crores from the registration of 16.66 lakh instruments in just eight months.

December 2, 2024
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Navi Mumbai Municipal Corporation's Weekend Property Tax Drive Yields INR 10.19 Crore

Real Estate Mumbai

Navi Mumbai Municipal Corporation's Weekend Property Tax Drive Yields INR 10.19 Crore

Navi Mumbai Municipal Corporation's (NMMC) strategic move to keep tax collection centers open over the June 29-30 weekend results in a successful collection of INR 10.19 crore in property taxes.

July 7, 2024
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