Mumbai city registers 12% increase in property registrations in Jan-Sep ...Middle East

Business Standard - Economy
Mumbai city registers 12% increase in property registrations in Jan-Sep
source : Business Standard ( Middle East ) () 72
Registration of properties in the Mumbai municipal region rose 12 per cent year-on-year to 1,05,608 units in January-September 2024 on better demand, according to Knight Frank. Property registrations in Mumbai city (under BMC jurisdiction) stood at 94,309 units during the year-ago period. "In September 2024, Mumbai surpassed 1,00,000 property registrations, achieving this milestone faster than any other time in the past decade. In 2023, this mark was achieved in October," real estate consultant Knight Frank India said in a statement. This sustained momentum in property transactions stems from the rising economic prosperity and growing preference for home ownership among Mumbai's residents, i

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