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PNN Mumbai (Maharashtra) [India], August 31: MMR's real estate landscape is a dynamic canvas, continuously evolving and reshaping itself. A recent report published by CREDAI-MCHI in collaboration with CRE Matrix paints a vivid picture of the city's diverse housing trends, highlighting the ever-shifting dynamics across different localities. The report, a collaborative effort between CREDAI-MCHI and CRE Matrix, sheds light on the performance of the MMR housing sector during the second quarter of CY'23, highlighting both remarkable achievements and noteworthy challenges. It also highlights the interplay between sales, launches, inventory, and pricing - a combination that reflects the market's ability to navigate change with determination. In a remarkable turn of events, the MMR real estate market achieved a 6 per cent growth in sales during Q2 CY'23 compared to the same period last year. This growth showcases the sector's resilience in the face of shifting market d

Abhishek guptaDominic romellNavi mumbaiPnn mumbai maharashtra indiaUgust 31 mmr 39s real estate landscape isa dynamic canvasOntinuously evolving and reshaping itselfa recent report published by credai mchi in collaboration with cre matrix paintsa vivid picture of the city 39s diverse housing trendsIghlighting the ever shifting dynamics across different localities reportA collaborative effort between credai mchi and cre matrixHeds light on the performance of mmr housing sector during second quarter cy 39 23Ighlighting both remarkable achievements and noteworthy challenges it also highlights the interplay between salesNd pricinga combination that reflects the market 39s ability to navigate change with determination ina remarkable turn of eventsHe mmr real estate market achieveda 6 per cent growth in sales during q2 cy 39 23 compared to the same period last year this showcases sector 39s resilience face of shifting dynamicsSpecially ina time of rising interest rates and inflation the data is further enriched by remarkable 9 per cent increase in housing prices during q1 cy 39 23 as opposed to 22 this upswing reflects market 39s ability maintaina steady course even challenges such loom large world grapples with inflationary pressures central banks respond rate hikesHe mmr real estate sector continues to show remarkable adaptability what 39s more noteworthy is that these trends are unfolding without the cushion of any government subsidies in form stamp duty waivers or gstHich were instrumental in the market 39s revival earlier commenting on report findingsResident of credai mchi