Real estate observer says that the sale and registration of property is increasing in Citynavi Mumbai: Navi wing Mumbai Realty of Maharashtra Industry of Housing Industry (MCHI) has notified that there is an increase in sales and home registration and commercial property from March to July this year, because 16346 Property transactions are reported at various registration offices from Panvel to Vashi, until July 31.
Real estate observers say that with future festivals such as Ganeshotsav and Diwali, more sales will be translated, because locking restrictions are reduced.
Senior Vice President Mchi-Navi Mumbai, Manohar Shroff, said, “Despite the second wave of pandemic and kuncian, market sentiment slowly became better.
In seven registration offices from Panvel to Vashi, our research shows that there is a stable increase in sales and registration Property.
Of the total 16346 registration conducted from March to July, around 20% is for home rentals, while the rest is realty sales after paying stamp duty.
” After commented, “afterwards the Maharashtra government reduces the level of stamp duty from 6% to 3 % In property transactions, more and more advanced customers to buy ready-made houses and also being built.
City builders further anticipate the increase in property after the favorable Chaturthi Ganesh began, followed by Dhanteras, Diwali, Christmas and New Year.
“Other market observers added,” ‘New Nodes and developing like the Ulce also witnessed more property offers, when the working class people start looking for rentals and houses belonging to Navi Mumbai and also connected with Mumbai with trains and roads .
” Shroff information, “The level of carpets for housing houses in Ulwe are currently in the range.
Rs 6500 to Rs 8000 per square foot (PSF), while in Vashi is still the highest at Rs 15000 to Rs 22000 PSF.
This is because Vashi is a node The oldest and most advanced from Navi Mumbai, hence the setting of maximum real estate prices here.
” Realty rates for residential houses in Nodesvashi – Rs 15000 to RS 22000 PSF Nerul – Rs 12000 to RS 14000 PSF Laktur – RS 9000 to RS 13000 PSF Kharghar – Rs 6500 to Rs 6500 to RS 8000 PSF Panvel – Rs 400 to RS 7500 PSF