October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

Defying the global economic slowdown, India's real estate market has experienced an unexpected surge over the past two years, with the rental sector, in particular, becoming a beacon for investors worldwide.