Property registrations in Mumbai decline 14% to 9,100 units in September 2024

Property registrations in Mumbai decline 14% to 9,100 units in September 2024


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New Delhi: Registration of Properties Mumbai The municipal sector fell 14 per cent year-on-year to over 9,100 units in September due to lower demand. knight frank10,694 units were registered in the year-ago period. Registration of properties in August this year stood at 11,631 units.

“Fall in home registration In September 2024 These could be primarily attributed to the inauspicious days of ‘Shraddha’, the 12 days of the month in 2024 when traditionally individuals refrain from making important purchases or engaging in high-value transactions, Knight Frank said in a statement. Are saved.

In 2023, Shraddha was celebrated from 29 September to 14 October.

Knight Frank has compiled data on registration of properties from the Registration and Stamps Department. Maharashtra Government,

The data includes sales in both primary (fresh) and secondary (re-sale) markets.

  • Published on October 1, 2024 at 09:00 am IST

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