{"id":485,"date":"2023-01-04T08:49:00","date_gmt":"2023-01-04T08:49:00","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=485"},"modified":"2023-03-22T18:15:39","modified_gmt":"2023-03-22T18:15:39","slug":"mumbai-real-estate-is-booming","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=485","title":{"rendered":"Mumbai Real Estate is Booming!"},"content":{"rendered":"\n<div class=\"alignnormal\"><div id=\"metaslider-id-472\" style=\"width: 100%;\" class=\"ml-slider-3-100-1 metaslider metaslider-flex metaslider-472 ml-slider ms-theme-default\" role=\"region\" aria-label=\"Mumbai Real Estate is Booming\" data-height=\"1000\" data-width=\"1000\">\n    <div id=\"metaslider_container_472\">\n        <div id=\"metaslider_472\">\n            <ul class='slides'>\n                <li style=\"display: block; width: 100%;\" class=\"slide-479 ms-image \" aria-roledescription=\"slide\" data-date=\"2023-02-12 08:49:13\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/02\/1672916993400_page-0001-1000x1000.jpg\" height=\"1000\" width=\"1000\" alt=\"\" class=\"slider-472 slide-479 msDefaultImage\" title=\"1672916993400_page-0001\" \/><\/li>\n                <li style=\"display: none; width: 100%;\" class=\"slide-480 ms-image \" aria-roledescription=\"slide\" data-date=\"2023-02-12 08:49:13\"><img decoding=\"async\" src=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/02\/1672916993400_page-0002-1000x1000.jpg\" height=\"1000\" width=\"1000\" alt=\"\" class=\"slider-472 slide-480 msDefaultImage\" title=\"1672916993400_page-0002\" \/><\/li>\n                <li style=\"display: none; width: 100%;\" class=\"slide-481 ms-image \" aria-roledescription=\"slide\" data-date=\"2023-02-12 08:49:13\"><img decoding=\"async\" src=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/02\/1672916993400_page-0003-1000x1000.jpg\" height=\"1000\" width=\"1000\" alt=\"\" class=\"slider-472 slide-481 msDefaultImage\" title=\"1672916993400_page-0003\" \/><\/li>\n                <li style=\"display: none; width: 100%;\" class=\"slide-482 ms-image \" aria-roledescription=\"slide\" data-date=\"2023-02-12 08:49:13\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/02\/1672916993400_page-0004-1000x1000.jpg\" height=\"1000\" width=\"1000\" alt=\"\" class=\"slider-472 slide-482 msDefaultImage\" title=\"1672916993400_page-0004\" \/><\/li>\n                <li style=\"display: none; width: 100%;\" class=\"slide-483 ms-image \" aria-roledescription=\"slide\" data-date=\"2023-02-12 08:49:13\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/02\/1672916993400_page-0005-1000x1000.jpg\" height=\"1000\" width=\"1000\" alt=\"\" class=\"slider-472 slide-483 msDefaultImage\" title=\"1672916993400_page-0005\" \/><\/li>\n                <li style=\"display: none; width: 100%;\" class=\"slide-484 ms-image \" aria-roledescription=\"slide\" data-date=\"2023-02-12 08:49:13\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/02\/1672916993400_page-0006-1000x1000.jpg\" height=\"1000\" width=\"1000\" alt=\"\" class=\"slider-472 slide-484 msDefaultImage\" title=\"1672916993400_page-0006\" \/><\/li>\n            <\/ul>\n        <\/div>\n        \n    <\/div>\n<\/div><\/div>\n\n\n\n<p>2022 was a phenomenal year for Mumbai Real Estate market. It was the best year in a decade in terms of number of units sold. Some interesting facts:<\/p>\n\n\n\n<p>\ud83d\udce2 Total units sold in 2022 were at \ud835\udfed\ud835\udfee\ud835\udfed,\ud835\udff0\ud835\udff5\ud835\udff2 which was \ud835\udff5% higher than the units sold in 2021, which itself was a bumper year with \ud835\udfed\ud835\udfed\ud835\udfed,\ud835\udff5\ud835\udfed\ud835\udfed units sold<\/p>\n\n\n\n<p>\ud83d\udce2 The next highest recorded sales in the last decade were in 2018 at \ud835\udff4\ud835\udfec,\ud835\udff3\ud835\udff0\ud835\udff2<\/p>\n\n\n\n<p>\ud83d\udce2 \ud835\udff4\ud835\udff2% of the sales in 2022 were of residential units<\/p>\n\n\n\n<p>\ud83d\udce2 \u20b9\ud835\udff4,\ud835\udff4\ud835\udff4\ud835\udff3 \ud835\uddf0\ud835\uddff\ud835\uddfc\ud835\uddff\ud835\uddf2\ud835\ude00 revenue was collected by as stamp duty and registration fees in 2022 which is significantly higher than \u20b9\ud835\udff2,\ud835\udfed\ud835\udfed\ud835\udfed \ud835\uddf0\ud835\uddff\ud835\uddfc\ud835\uddff\ud835\uddf2\ud835\ude00 collected in 2021<\/p>\n\n\n\n<p>While the last 2 years have brought the overdue fillip to the sector, 2023 would be an interesting year to watch out as the sector tackles the headwinds of high interest rates, global slowdown &amp; layoffs, high inflation resulting in high input costs and potential oversupply.<\/p>\n\n\n\n<p>Look forward to the new year for the surprises that it brings with it!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022 was a phenomenal year for Mumbai Real Estate market. It was the best year in a decade in terms of number of units sold. Some interesting facts: \ud83d\udce2 Total units sold in 2022 were at \ud835\udfed\ud835\udfee\ud835\udfed,\ud835\udff0\ud835\udff5\ud835\udff2 which was \ud835\udff5% higher than the units sold in 2021, which itself was a bumper year with \ud835\udfed\ud835\udfed\ud835\udfed,\ud835\udff5\ud835\udfed\ud835\udfed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[56,54,47,6],"class_list":["post-485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mumbai","tag-mumbai","tag-mumbairealestate","tag-propertymanagement","tag-simplease"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mumbai Real Estate is Booming! - Simplease Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplease.in\/blog\/?p=485\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mumbai Real Estate is Booming! - Simplease Insights\" \/>\n<meta property=\"og:description\" content=\"2022 was a phenomenal year for Mumbai Real Estate market. It was the best year in a decade in terms of number of units sold. 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