Mumbai real estate market sees highest property registrations in 13 years, says report
- Sugee Group
- Jan 2
- 1 min read
January 2, 2025 / CNBC TV18
The Knight Frank India report further states that in 2024, Mumbai recorded over 1.41 lakh property registrations, the highest in 13 years—showcasing the city’s sustained demand for real estate despite global economic challenges.
As we enter 2025, the year gone by appears to be a silver lining in terms of property registrations for Mumbai. According to a report by real estate consultancy firm Knight Frank India, Mumbai’s real estate market witnessed a historic number of registrations, with over 1.41 lakh properties registered—marking an 11% increase from the 1,26,937 properties registered in 2023.
The report further states that in 2024, Mumbai recorded over 1.41 lakh property registrations, the highest in 13 years—showcasing the city’s sustained demand for real estate despite global economic challenges. Registrations stood at 1.26 lakh in 2023, 1.22 lakh in 2022, and 1.11 lakh in 2021. Historically, property registrations for 2020 and earlier have been under 1 lakh.
Source: CNBC TV18
(The story has been published from a wire feed without modifications to the text)
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