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Mumbai: Surge in BMC home sales continues, says Knight Frank India

Knight Frank India said the headline registration numbers for April to July period are elevated as homebuyers who brought their apartments this year during the lower stamp duty window had a leeway of four months until July 31 to register their property

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Photo for representational purpose

Photo for representational purpose

The Mumbai BMC region (Churchgate to Dahisar and Colaba to Mulund) recorded property registrations of 6,784 units in August, registering a growth of 157 per cent compared to the same month of last year, according to Knight Frank India. 

The registrations were also 16 per cent higher compared pre-pandemic period of August 2019. Overwhelmingly, 92 per cent of registered homes were fresh sales amounting to 6,241 units that were sold last month. 

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