Amazing April for Mumbai Real Estate!​

 

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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