12,000 properties were registered in Mumbai City in May, a 22 percent yearly increase

Strong housing demand drove a 22% increase in property registrations to 12,000 units in the Mumbai municipal area in May, according to real estate consultant Knight Frank.

Knight Frank India stated that Mumbai city (which is under BMC authority) had almost 12,000 property registrations this month compared to 9,823 units in May of last year, citing data from the Maharashtra government.

Source – Press Trust of India

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