Mumbai leads in property registration in a decade in April; over 10,136 completed deals
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Mumbai leads in property registration in a decade with over 10,136 completed deals for April. Citing data from the Inspector General of Registration, Maharashtra, a report in
Economic Times said the completed deals led to stamp duty revenue collection of Rs 514 crore in April.
Buoyed by a cut in stamp duty along with resurgence in realty demand, housing sales in Mumbai in March 2021 increased 234 percent over the same period last year, according to a report by Knight Frank India.
While March 2020 noted registrations of 3,798 units, March 2021 saw 12,696 units being registered, said the report.