Mumbai rental registrations rise by 13% in H1 2024
Rental agreements are surging in Mumbai’s property registration market; in the first half of 2024, there was a 13% increase in rental agreements compared to the same period in 2023. Numerous variables, including as redevelopment initiatives and an increase in retail and commercial leasing activity, are responsible for this surge. One of the main reasons […]
Mumbai Real Estate: Rental Registrations Surge by 13% in H1 2024, Says Maharashtra IGR Data
In the first half of 2024, Mumbai’s real estate market saw the registration of 1.90 lakh rental agreements, also known as leave and license agreements. This represents a 13% rise compared to the 1.67 lakh agreements registered during the same period in 2023, according to data from the Maharashtra Inspector General of Registration (IGR). These […]