Navi Mumbai: ‘Expect a 19% increase in realty sales’ – News2IN
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Navi Mumbai: ‘Expect a 19% increase in realty sales’

Navi Mumbai: 'Expect a 19% increase in realty sales'
Written by news2in

Navi Mumbai: Navi wing Mumbai Realty Maharashtra Room Industry of Housing (MCHI) has notified that they expect a 19 percent increase in the sale of housing units in Navi Mumbai this year, compared to last year which was struck with the maturing lockdowns for pandemics.
Senior Vice President Mchi-Navi Mumbai, Manohar Shroff, said, ‘Last year, around 7800 housing units were sold in various city nodes.
However, in 2021 we have seen an increase in housing sales, which must be more than 19 percent at the end of the year.
The ongoing celebration season then encourages realty sales in housing and also the commercial sector.
“Shroff added,` `Although the second wave of pandemic and kuncian, market sentiment is getting better.
New nodes such as Ulwe and also Kharghar saw an increase in the sale of housing units, while new construction in Nerul, wastapur also got a business.
‘”Realty observer said that after the Maharashtra government reduced stamp duty from 6% to 3%.
In property offers, more and more advanced customers to buy a ready-made house and also being built.
Other market observers added,` `new nodes and Growing as Ulwe also witnessed more property agreements, because the working class people have begun to look for rentals and have houses close to Navi Mumbai and also connect to Mumbai by train and road..
“This is because Vashi is the oldest and most advanced node From Navi Mumbai, hence the setting of maximum real estate prices here.

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