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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.
- 31st Oct 2024
- 1151 Views
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.
- 30th Oct 2024
- 1154 Views
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.
- 19th Oct 2024
- 1179 Views
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.
- 4th Oct 2024
- 1193 Views
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.
- 1st Oct 2024
- 1193 Views
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.
- 6th Mar 2024
- 1291 Views
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.
- 26th Oct 2023
- 1278 Views
Greater Mumbai (area under BMC jurisdiction) registered 9,729 property registrations in June 2023, generating Rs 804 crore in revenue for the state government.
- 3rd Jul 2023
- 1431 Views
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).
- 1st Jan 2023
- 1480 Views
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.
- 18th Dec 2022
- 1722 Views
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.
- 26th Oct 2022
- 1534 Views
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.
- 1st Sep 2022
- 1529 Views
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.
- 6th Oct 2021
- 1441 Views