Jubilant June for Mumbai Real Estate!​

Jubilant June for Mumbai Real Estate!

A robust June month wraps an exceedingly strong quarter [Apr-June] for the Mumbai Real estate Sector!

> Sale transactions in the Apr-June quarter were 35% higher as compared to the same quarter last year.

> Rental transaction was 94% higher in Apr-June quarter as opposed to the same quarter last year

> The shift back to Work-from-office has resulted in significant jump in demand for rental homes.

> The sharp rise in rental demand has resulted in rents rising by 10-20% across most gated communities given shortage of supply.

> We expect the numbers to taper off a bit in the ongoing quarter given the onset of monsoons.

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