February has seen the highest revenue collection in Mumbai in the last five years. Even in the entire FY23, the month recorded the maximum revenue collections. Luxury home sales have pushed up revenue collections 79% in Mumbai in February
Compared to the same month last year. Mumbai, the country’s most expensive real estate market, saw revenue collections from property registrations touching a new high of `1,102 crore during the month. Knight Frank India, in a separate report, highlighted that daily average property registration in February was 331 units, the third-best for the month in the last 10 years after February 2022
https://www.financialexpress.com/money/mumbai-property-revenue-up-79/2995624/
Source: Financial Express
