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Housing sales in MMR likely to cross Rs 1.35 trillion this year: Report

Business Standard LogoBusiness Standard3d ago

Housing sales in MMR likely to cross Rs 1.35 trillion this year: Report - Business Standard

Quick Summary:

Real estate consultant JLL India on Thursday released its report 'Mumbai Residential Market-Through the Lens of Time' at the National Real Estate Development Council (NAREDCO) event held here.

"As infrastructure projects continue to enhance connectivity and create new residential hubs, we foresee Mumbai's market not only maintaining its momentum but also setting new benchmarks in the coming years," said Prashant Sharma, President, NAREDCO-Maharashtra.

Housing sales in Mumbai Metropolitan Region (MMR) primary residential market are expected to cross Rs 1.35 lakh crore this calendar year, according to JLL India.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 13:59:57 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 337 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22294206

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