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Mumbai Property Registrations Skyrocket by 52% in Revenue in Massive Festive Boost

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.

By Admin

  • 31st Oct 2024
  • 1151 Views
Diwali Property Registrations Halted Amid Treasury System Overhaul

The Treasury Department regrets Diwali property registration inconveniences. Diwali, particularly Dhanteras, is a lucky time to purchase property, but this year, system maintenance suspended the registration process, preventing homebuyers from completing their deals.

By Admin

  • 30th Oct 2024
  • 1154 Views
Mumbai Real Estate Booms During Navratri 2024 - 13.2% YoY Growth in Registrations

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

By Admin

  • 19th Oct 2024
  • 1179 Views
What Makes 2024 a Record-Breaking Year for Mumbai Real Estate?

Mumbai, India's biggest and most expensive real estate market, is breaking records in 2024. In the first nine months, property registrations increased by 12%, surpassing 105,000 deals, while stamp duty revenues increased by 6%, reaching over ₹8,892 crore.

By Admin

  • 4th Oct 2024
  • 1193 Views
Mumbai Property Market Sees 12% Growth in Registrations - A Milestone in 2024 Mumbai Real Estate

As Mumbai's real estate market continues to rise, Greater Mumbai property registrations rose 12% in 2024 to over 1.5 lakh in the first nine months. This 12% YoY rise in registrations has brought Rs 8,892 crore to the state exchequer.

By Admin

  • 1st Oct 2024
  • 1193 Views
Mumbai Real Estate Deals Hit Record Numbers in February 2024

February 2024 saw record property registrations in Mumbai's real estate market. Under the Brihanmumbai Municipal Corporation's (BMC) authority, 12,040 units were registered by 8 p.m. on Thursday, with predictions of a little rise.

By Admin

  • 6th Mar 2024
  • 1291 Views
Navratri Festival Ignites Mumbai Real Estate - A Phenomenal Surge in Property Registrations!

Mumbai real estate, the centre of the Indian property sector, saw a dazzling increase in registrations during Navratri. Under BMC's oversight, property registrations rose to 4,594 units from October 15th to 23rd, 2023.

By Admin

  • 26th Oct 2023
  • 1278 Views
Greater Mumbai Registered 9700 Properties in June 2023 - Knight Frank Report

Greater Mumbai (area under BMC jurisdiction) registered 9,729 property registrations in June 2023, generating Rs 804 crore in revenue for the state government.

By Admin

  • 3rd Jul 2023
  • 1431 Views
Mumbai Real Estate Market Records A Staggering 9000 Plus Property Registrations in December 2022

The Department of Registration and Stamps of the Maharashtra government recorded 9,182 property registrations in Mumbai and its suburbs in December 2022, a 2% increase from November 2022. (IGR).

By Admin

  • 1st Jan 2023
  • 1480 Views
In November 2022, 8756 Property Sale Registrations Were Recorded in Mumbai

November 2022 saw a 15 percent year-over-year increase in property registrations in Mumbai and a 22 percent year-over-year increase in government income collection.

By Admin

  • 18th Dec 2022
  • 1722 Views
September 2022 Witnesses Around 8600 Property Sale Registrations in Mumbai Real Estate Market

According to Mumbai property specialists, the number of property sale registrations in BMC-registered Mumbai in September 2022 exceeded 8,600 units. These property registrations generated around 7341 Cr rupees to the economy of Maharashtra.

By Admin

  • 26th Oct 2022
  • 1534 Views
Property Registrations in Mumbai Reached a 10 Year High in July 2022

Real estate in Mumbai always manages to spring surprises. A whopping number of more than 11,000 properties were registered Mumbai in the month of July 2022, bringing in more than INR 800 crore in income for the state of Maharashtra.

By Admin

  • 1st Sep 2022
  • 1529 Views
Superb September 2021 For Mumbai Real Estate; 7000 plus Property Deal Registrations Done in Mumbai

More than 7,500 property deals were registered in Mumbai in September 2021 (as of September 29) which is an almost 11 percent increase month-on-month (MoM) compared to August 2021, according to data from the Inspector General of Registration (IGR), Maharashtra, available until September 29.

By Admin

  • 6th Oct 2021
  • 1441 Views
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