Residential property registration jumps 2-fold in Dec in Mumbai: Report ...Middle East

Business Standard - Economy
Residential property registration jumps 2-fold in Dec in Mumbai: Report
source : Business Standard ( Middle East ) () 20
The registration of residential properties in Mumbai jumped over two-folds this month at 18,854 units compared with November on account of reduction in stamp duty by the Maharashtra government, according to Knight Frank India. In November, total registration stood at 9,301 units. The registration in December 2019 stood at 6,433 units, the consultant said. "Mumbai recorded a historic surge in home sales registrations in the month of December 2020. Total sales registered till December 30, 2020 for the month of December is recorded at 18,854 units," Knight Frank said in a statement. Shishir Baijal, Chairman & Managing Director, Knight Frank India said, "The reduction in stamp duty has led to a

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