Amazing April for Mumbai Real Estate!​

Amazing April for Mumbai Real Estate!

The real estate market in Mumbai continues its strong momentum in the month of April with both the rental and the sale transactions hitting a peak for the month of April. 

The month saw 27,280 rental transactions and 11,744 saw transactions which means that the city saw its best April in almost a decade.

The Rental segment continues to surge backed by:
1. Increasing trend towards limiting “Work from Home” as well as
2. Strong hiring led by startups

The strength in Residential Sales segment is reflective of a multitude of factors including:
1. Low interest rates
2. Pent up demand resulting from weakness in sector for past several years,
3. General wealth creation in the country and
4. Growing demand for larger houses.

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