Half of property registrations were of Rs 1 crore or above; apartment size ranged between 500 sqft and 1,000 sqft most preferred
In a positive development, the country’s major city Mumbai saw a 78 per cent jump in property sale registrations during May to 9,523 units, which is the best in a decade. It contributed over Rs 709 crore to the state revenues, according to a report by real estate consultant Knight Frank India. Half of the registrations were in the price range of Rs 1 crore and above, while the apartment size ranged between 500-1,000 square feet was the most preferred among buyers.
Source – News 18
