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Home > Forum > Mumbai > Investment Advice > Property sales in Mumbai

Property sales in Mumbai

Q: How is the real estate in Mumbai now compared to last year? Please throw some light.

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apartments for sale in mumbai
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Most part of the previous year witnessed slump in real estate market. However, December 2012 saw a substantial recovery in home sales registrations.
But according to the market experts, the rise in property registrations was only due to marketing gimmick and not a sign of revival.
As per data from the Director General of Registrations, a total of 6,193 registrations of properties in Mumbai were made as compared to 4,370 in November and 4,115 in October. However, total house registrations in 2012, however, remained lower at 58,202 as compared to 58,422 in 2011.
Rajiv


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