Mumbai Real Estate Sales Data- June 2023

ROBUST SALES IN JANUARY-JUNE 2023!!!

Units sold in 6 months- 62,491

Average 6 monthly sales[Jan-Jun period]

• Pre COVID: 34,876
• Post COVID: 63,638

BEST first half-year ever in terms of STAMP DUTY collection with an increase of 24% on a year on year basis.

What has led to the STEEP RISE in state revenue?

• Larger share of Registration of luxury and ultra luxury properties with higher values
• Increase in Stamp duty due to implementation of metro cess
• Sustained strong demand from home buyers.

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