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Mumbai sees 12 pc growth in property registrations in June: Knight Frank
Updated On: 30 June, 2024 12:59 PM IST | Mumbai | mid-day online correspondent
Strong buyer confidence has kept monthly property registrations in Mumbai above 10,000 throughout the first half of 2024, Knight Frank said.
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Property registrations in the Mumbai municipal region rose by 12 per cent year-on-year in June, reaching 11,575 units due to increased demand for housing, according to Knight Frank. According to data from the Maharashtra government web, collated by real estate expert Knight Frank, Mumbai city (under Brihanmumbai Municipal Corporation jurisdiction) registered 11,575 units in June, up from 10,319 units the previous year. However, this was slightly less than May`s 12,000 registrants, reported PTI.
Per the PTI report, the majority of these registrations were for housing properties. Strong buyer confidence has kept monthly property registrations in Mumbai above 10,000 throughout the first half of 2024. June 2024 saw the largest number of property registrations of any June in the previous 12 years.
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