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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
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
Stamp Duty Hike in Maharashtra? State Revenue Set to Increase by INR 150 Crore Annually

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.

By Admin

  • 4th Oct 2024
  • 1201 Views
Lodha Celebrates Stellar Growth in Q4, with a 21% Increase in Net Profit

Lodha, or Macrotech Developers, reported a 21% rise in net profit to Rs 670 crore for the March quarter. The company's operating revenue rose 23% to Rs 4,020 crore. Developer pre-sales and yearly performance are at an all-time high this quarter.

By Admin

  • 26th Apr 2024
  • 1270 Views
DLF Strikes Mega Chennai Land Deal with Cholamandalam Finance for Rs 735 Crore

DLF sells 4.67 acres of excellent Chennai property to Cholamandalam Finance for Rs 735 crore, one of Chennai's largest real estate land deals in Chennai.

By Admin

  • 17th Mar 2024
  • 1398 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
Bangalore Based Embassy Group Records Brilliant Residential Earnings Fiscal Year 2023

The Bangalore-based Embassy Group, one of the leading real estate developers in India, achieved one of its greatest residential revenue growths ever in fiscal year 2023, recording revenues of Rs. 1,370 crore, a 210% increase year-over-year.

By Admin

  • 4th Jun 2023
  • 1350 Views
The Maharashtra Government Has Increased Ready Reckoner Rates in 2022 by an Average of 5 per cent

The Maharashtra government increased ready reckoner rates by an average of 5% throughout the state on March 31 for the fiscal year 2022-23. Shravan Hardikar, Inspector-General of Revenue and Controller of Stamps, announced the revised prices recently.

By Admin

  • 4th Apr 2022
  • 1492 Views
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