Mumbai property registrations up 15% to 8,756 units in November

02 Dec 2022 CW Team

According to Knight Frank India, registration of properties in the Mumbai municipal zone increased by 15% this month to 8,756 units due to increasing demand despite a rise in loan rates. 7,582 units were registered for properties as of November 2021.

Mumbai's real estate market is been expanding strongly, despite some slowing seen in recent months.

Despite global concerns, the Mumbai residential market has thrived thanks to strong consumer sentiment and supportive forces.

November 2022 continues to benefit from the continued momentum as the festival season that fueled market mood in the previous month comes to an end, recording a Y-o-Y increase in property sales and government revenue collection.

In November 2022,Rs 10-20.5 million witnessed a high demand, accounting for 42% of all sales.

Also read:
Mumbai ranks 22nd in the Global Prime Cities Index
Kolte Patil Developers approves merging with Tuscan Real Estate

Infrastructure Energy

17 Sep 2025

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..

New Budgam–Delhi Parcel Train to Boost Kashmir Apple Trade

The Awami Itihaad Party (AIP) has thanked Prime Minister Narendra Modi and Union Railway Minister Ashwini Vaishnaw for launching a daily parcel train service from Budgam to Delhi, dedicated to transporting Kashmiri apples.Calling the initiative a timely relief for growers, AIP Chief Spokesperson Inam Un Nabi said the service will ease challenges for apple traders and ensure produce reaches Delhi markets promptly.He noted that the step followed a request made earlier by the office of incarcerated AIP President and MP Baramulla, Er Rashid, highlighting that genuine public concerns are being addr..