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.

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.

In a cabinet meeting on November 23, Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis announced the Maharashtra Mudrank Shulk Abhay Yojana 2023, a stamp duty amnesty programme.

Stamp duty and registration fee revenue in India rose 35% from INR 70,120 crore in H1 FY 2022 to INR 794,847 crore in H1 FY 2023.