Property registration in Mumbai likely to rise 7% in Aug on strong demand

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Property registration in Mumbai likely to rise 7% in Aug on strong demand - Business Standard

Quick Summary:

Citing Maharashtra government data, real estate consultant Knight Frank India said that Mumbai city (area under BMC jurisdiction) has recorded 11,631 property registrations so far in the month of August.The data is till 8.15 pm on Saturday, August 31 and the number is likely to increase slightly to around 11,650 units.

Registration of properties in Mumbai municipal region is likely to rise 7 per cent annually in August to around 11,650 units on strong demand, according to Knight Frank India.

The data pertains to registration of properties transacted in both primary (first sale) and secondary (resale) markets.