{"id":5229,"date":"2024-06-14T01:57:19","date_gmt":"2024-06-14T01:57:19","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5229"},"modified":"2024-06-14T01:57:19","modified_gmt":"2024-06-14T01:57:19","slug":"central-mumbai-flat-sales-rose-93-last-year-over-2019-study","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/central-mumbai-flat-sales-rose-93-last-year-over-2019-study\/","title":{"rendered":"Central Mumbai flat sales rose 93% last year over 2019: Study"},"content":{"rendered":"<p><u>Central Mumbai<\/u>led the revival in property sales in 2021, Thane had the highest stamp duty collection in the Mumbai Metropolitan Region (MMR) , while the western suburbs brought in the highest sales value of Rs 49,000 crore, found an  study released.<\/p>\n<p>Flat registrations in central Mumbai (Parel, Dadar, Prabhadevi, Wadala,<u>Matunga<\/u>) jumped 93% from 2019 and 71% from 2020. There were 7,337 registrations at an <a href=\"https:\/\/exam.pscnotes.com\/average\">Average<\/a> Rs 35,000 a square foot in the belt. Of these, the luxury segment had a 77% share in sales, said the report MMR Housing Uptick Aided By Support conducted jointly by CREDAI-MCHI, Colliers and CRE Matrix.<\/p>\n<p>Thane (Kalwa, Majiwada, Wagle Estate, Kolshet, Kasarvadavli) accounted for the highest number of registrations with a 42% share in MMR, and the highest stamp duty collection. There were 1,02,054 property registrations at an average price of Rs 10,300 a sq ft. The clear preference here was for flats priced below Rs 1 crore, said the report.<\/p>\n<p>The western suburbs (Andheri, Goregaon, Malad, Kandivli, Borivli, Dahisar) recorded 37,985 property registrations at Rs 21,300 a sq ft. The sales value of about Rs 49,000 crore accounted for one-fourth of the total sales revenue in MMR.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central Mumbailed the revival in property sales in 2021, Thane had the highest stamp duty collection in the Mumbai Metropolitan Region (MMR) , while the western suburbs brought in the highest sales value of Rs 49,000 crore, found an study released. Flat registrations in central Mumbai (Parel, Dadar, Prabhadevi, Wadala,Matunga) jumped 93% from 2019 and &#8230; <a title=\"Central Mumbai flat sales rose 93% last year over 2019: Study\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/central-mumbai-flat-sales-rose-93-last-year-over-2019-study\/\" aria-label=\"Read more about Central Mumbai flat sales rose 93% last year over 2019: Study\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094],"tags":[631],"class_list":["post-5229","post","type-post","status-publish","format-standard","hentry","category-maharashtra","tag-03-02-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Central Mumbai flat sales rose 93% last year over 2019: Study - Current Affairs Exam<\/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:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/central-mumbai-flat-sales-rose-93-last-year-over-2019-study\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Mumbai flat sales rose 93% last year over 2019: Study\" \/>\n<meta property=\"og:description\" content=\"Central Mumbailed the revival in property sales in 2021, Thane had the highest stamp duty collection in the Mumbai Metropolitan Region (MMR) , while the western suburbs brought in the highest sales value of Rs 49,000 crore, found an study released. Flat registrations in central Mumbai (Parel, Dadar, Prabhadevi, Wadala,Matunga) jumped 93% from 2019 and ... 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Flat registrations in central Mumbai (Parel, Dadar, Prabhadevi, Wadala,Matunga) jumped 93% from 2019 and ... 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