Making It Large! Realty Boom Town Mumbai Sees Robust Growth

This trend underscores the market’s resilience and the ongoing demand for more spacious living options in Mumbai. MUMBAI, Aug 1 (The CONNECT) – In July 2024, the Mumbai real estate market witnessed a significant growth of over 19% in property registrations, with the numbers reaching 12,160 compared to 10,221 registrations recorded in the same month last year, as per data from Knight Frank. June 2024 also saw strong activity, with 11,673 properties registered. Additionally, stamp duty collections experienced a robust increase of more than 27%, rising to ₹1,055 crore in July 2024 from ₹832 crore in July 2023. The collections for June 2024 were ₹1,014 crore, highlighting sustained momentum in the market. Here are some industry voices: