Real estate experts said that the demand environment will benefit significantly from steady ready reckoner rates, which affect the price of acquisition
“Maharashtra has recorded more than 27 lakh property registrations this financial year so far, resulting in a revenue of about Rs 48,000 crore,” a senior official from the state property registration department said.
Builders pointed to a year-on-year increase in the launches of luxury and premium houses as a sign of people feeling confident of investment in real estate.
According to MahaRERA data, in the first half of 2023, around 11,000 units of 1 BHK apartments were launched, compared to around 18,000 in the entire calendar year of 2022.