Mumbai’s property market faces a Ready Reckoner rate hike. Understand the impact, risks, and why completing your transaction before March 31 could save you lakhs.

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.

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.

The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.

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.

To boost real estate sales and increase bookings in under construction projects, there is a waiver on stamp duty announced by real estate developers. This step has been decided along with the Western Region Chapter of Naredco which happens to one of the biggest real estate associations in India.