Mumbai property registrations hit 14-year August high at 12,401 units
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In August, Mumbai experienced an impressive eleven percent rise in property registrations year-on-year, marking the highest number for the month in over fourteen years. This surge indicates strong demand in both the primary and secondary housing markets. Ongoing buyer interest and favorable economic factors bolster the market's resilience, urging developers to emphasize project execution as they introduce new launches for sustained success.
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