+
Mumbai Sees 12% Rise In Property Registrations In January
Real Estate

Mumbai Sees 12% Rise In Property Registrations In January

Property registrations in the Mumbai municipal region rose 12 per cent on year to 12,249 units in January on strong housing demand, according to Knight Frank India, reported news agency PTI. In January last year, 10,967 units were registered in the region. The property registrations stood at 12,418 units in December last year. Real estate consultant Knight Frank India said in a statement that Mumbai city (an area under Brihanmumbai Municipal Corporation's jurisdiction) in January recorded 12,249 property registrations, the highest in 13 years for the month of January, reported PTI. Property registrations in Mumbai city hit 13-year-high in 2024 at over 1.41 lakh units Mumbai city saw an 11 per cent increase in property registrations in 2024, reaching 1,41,202 units — a 13-year high — driven by strong housing demand, according to Knight Frank India. In December 2024, the city under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC) recorded 12,418 property registrations, generating Rs 11.34 billion in revenue for the state exchequer, as per the real estate consultant’s report, citing government data. Residential properties made up 80 per cent of the total registrations in December, news agency PTI reported. In December 2023, 12,285 properties were registered.

Property registrations in the Mumbai municipal region rose 12 per cent on year to 12,249 units in January on strong housing demand, according to Knight Frank India, reported news agency PTI. In January last year, 10,967 units were registered in the region. The property registrations stood at 12,418 units in December last year. Real estate consultant Knight Frank India said in a statement that Mumbai city (an area under Brihanmumbai Municipal Corporation's jurisdiction) in January recorded 12,249 property registrations, the highest in 13 years for the month of January, reported PTI. Property registrations in Mumbai city hit 13-year-high in 2024 at over 1.41 lakh units Mumbai city saw an 11 per cent increase in property registrations in 2024, reaching 1,41,202 units — a 13-year high — driven by strong housing demand, according to Knight Frank India. In December 2024, the city under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC) recorded 12,418 property registrations, generating Rs 11.34 billion in revenue for the state exchequer, as per the real estate consultant’s report, citing government data. Residential properties made up 80 per cent of the total registrations in December, news agency PTI reported. In December 2023, 12,285 properties were registered.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code