Mumbai witnesses over 10,000 property registrations in April 2021
Real Estate

Mumbai witnesses over 10,000 property registrations in April 2021

Just after the Maharashtra government discontinued the stamp duty waiver on property registrations from April 2021, the month has witnessed the registration of as many as 10,136 properties in Mumbai. The data was made available by Maharashtra’s Department of Registration and Stamps.

There was a 43% decline in just about a month as March 2021 had registered 17,728 units when the stamp duty waiver of 3% was available. However, the number of units registered in April 2021 was up 70% compared to the units registered in April 2019 which were 5,940 units. There were zero registrations in April 2020 due to the complete nationwide lockdown amid the first outbreak of Covid 19 in the country.

In February, 10,170 and in January 10,412 units were registered. December and November 2020 saw registration of 19,581 and 9,301 units, respectively, the state’s registration data indicated.

As per the IGR data, the month of April 2021 has recorded the best registration numbers as compared to the past few years.


Year

Sales

April 2013

6,436

April 2014

5,053

April 2015

6,409

April 2016

5,705

April 2017

5,652

April 2018

7,016

April 2019

5,940

April 2020

0

April 2021

10,136


Source: IGR Office

Image source


Also Read: Property launches jump 12%

Also Read: Property registrations in Mumbai drop by 50% in April

Just after the Maharashtra government discontinued the stamp duty waiver on property registrations from April 2021, the month has witnessed the registration of as many as 10,136 properties in Mumbai. The data was made available by Maharashtra’s Department of Registration and Stamps. There was a 43% decline in just about a month as March 2021 had registered 17,728 units when the stamp duty waiver of 3% was available. However, the number of units registered in April 2021 was up 70% compared to the units registered in April 2019 which were 5,940 units. There were zero registrations in April 2020 due to the complete nationwide lockdown amid the first outbreak of Covid 19 in the country. In February, 10,170 and in January 10,412 units were registered. December and November 2020 saw registration of 19,581 and 9,301 units, respectively, the state’s registration data indicated. As per the IGR data, the month of April 2021 has recorded the best registration numbers as compared to the past few years.YearSalesApril 20136,436April 20145,053April 20156,409April 20165,705April 20175,652April 20187,016April 20195,940April 20200April 202110,136 Source: IGR Office Image source Also Read: Property launches jump 12% Also Read: Property registrations in Mumbai drop by 50% in April

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?