The maximum city has recorded total registrations of over 1.27 lakh real estate properties in 2023, making it the best year for property sales across primary and secondary market, exceeding last years peak by 4%. Total revenue collected through stamp duty rose 22% in 2023 to over Rs 10,850 crores, showed data from the inspector general of registration, Maharashtra.
A new report by Leeds Building Society forecasts that up to 426,000 first-time buyers in England will be priced out of the UK housing market between 2023 and 2027, reinforcing the need for action to protect homeownership for future generations. Leeds BS analysed first-time buyer affordability between 1982 and 2022,