Tag: Property registration
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Stamp Duty Revenue Surges 22% to Rs 10,869 Cr in Maharashtra, Mumbai Property Registration Soars 31%, India
Stamp duty revenue and property registrations in Mumbai have soared, with a 22% increase in revenue and a record-breaking 31% rise in property registrations. Residential units account for 80% of the registrations, indicating strong demand in the housing sector. Rising income levels and a positive homeownership outlook have contributed to this surge in demand. The stability of interest rates and a preference for larger homes have also boosted the market. This promising trend reflects the strength of Mumbai's real estate sector.
Property Registration in Mumbai Expected to Reach 9,800 Units
Demand for residential properties in Mumbai remains strong as around 9,800 units are projected to register in May. The market remains steady as consumer inflation decreases. Expect over Rs 800 crore in revenue for the state. #MumbaiProperty #RealEstate
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Stamp Duty Revenue Surges 22% to Rs 10,869 Cr in Maharashtra, Mumbai Property Registration Soars 31%, India
Stamp duty revenue and property registrations in Mumbai have soared, with a 22% increase in revenue and a record-breaking 31% rise in property registrations. Residential units account for 80% of the registrations, indicating strong demand in the housing sector. Rising income levels and a positive homeownership outlook have contributed to this surge in demand. The stability of interest rates and a preference for larger homes have also boosted the market. This promising trend reflects the strength of Mumbai's real estate sector.
