Above is the Map of mumbai metropolitan region.Real estate market in mumbai is on of the fastest growing real estate market in whole country as lot of developers are taken serious interest in this city of mumbai metropolitan region.As they are looking lot of potencial in it.Among the top 7 cities,MMR saw most new launcher – nearly 13,600 units & highest sales at 15,2 units in Q2 2018.As we can see in the map of mum,bai metropolitan region the real estate number says it all.
17,220romoters and 15,550 agents under MahaRERA – highest RERA registration Pan India,Stamp duty increase may be a slight dampener in the Short-term.
DECODING THE NUMBERS
The effect of year-end discounts in December 2020 wascarried forward to January 2021 as well as the month witnessed sales better than the months of Sep, Oct Nov’20. The value of registrations in December 2020 at INR 36,772 Cr.which was a massive 162% more than the average of previous 3 months. Also, the registrations in January 2021, which stood at INR 19,099 Cr, was 36% higher than the average registration value for Sept-Nov 2020 period.The cities located in the map of Mumbai metropolitan region they all experienced the heavy buying in there region.