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Mumbai property market gets it mojo back |MoneyControl – Spectraa Real Estate Advisory

Mumbai property market gets it mojo back |MoneyControl

Mumbai property market gets it mojo back |MoneyControl

Up to 20 residential transactions registered in June at India’s priciest real estate market are valued at over Rs 10 crore.

Property buyers came out of hiding in Mumbai, India’s priciest real estate market, to boost the sagging fortunes of a segment crippled by the coronavirus lockdown.

A raft of transactions for commercial and residential properties were finalised in the Mumbai registration and stamp duty department after it reopened for business on May 18.  At least 1,642 documents such as agreements of sale, mortgages and tenancy as well as sale deeds valued at Rs 176 crore were registered in May and June, according to data shared by the stamp duty department of Mumbai.

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