The dip in buying sentiment can be corroborated by the fact that just 4,971 conveyance sales took place in the first 20 days of August
Incessant rainfall and high sales volume in the last few years have slowed down the purchase momentum in the real estate sector, believe stakeholders. The dip in buying sentiment can be corroborated by the fact that just 4,971 conveyance sales took place in the first 20 days of August. This has led to revenue generation of Rs 375.69 crore to the state exchequer from Mumbai city. Whereas in Maharashtra, total 67,317 properties have been registered and revenue earned is Rs 1,256.89 crore.
https://www.freepressjournal.in/mumbai/mumbai-at-4971-deals-august-sees-dip-in-property-registration
Source: The Free Press Journal
