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Mumbai clocks 12% growth in property registrations in June: Knight Frank

Business Standard LogoBusiness Standard2d ago

Mumbai clocks 12% growth in property registrations in June: Knight Frank - Business Standard

Quick Summary:

Mumbai city (area under Bombay Municipal Corporation jurisdiction) saw registration of 11,575 units in June against 10,319 units in the same month last year, as per the data compiled by real estate consultant Knight Frank from the Maharashtra government portal.

The registration of properties in the Mumbai municipal region rose 12 per cent annually in June to 11,575 units on better demand for housing assets, according to Knight Frank.

In June 2024, Mumbai experienced the highest number of property registrations for any June month in the past 12 years, the consultant said.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-30 @ 13:06:10 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21421380

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 238 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

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