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Below is the Perspective on Mumbai property registrations in September 2021 By  Mr. Rohit Poddar.Motilal Oswal Financial Services

The record-breaking sales of Mumbai real estate is going to continue and we can foresee the graph moving upwards, majorly backed by the festive season. We are confident about new registrations crossing the 10,000 Mark in November as homebuyers who were in the wait & watch mode due to the pandemic are now walking up to the sales office.

With the reopening of job market, increased vaccination and the expected economic revival to fuel more liquidity in the hands of common man, September is anticipated to witness decade-high sales as well. The soaring home sales might see a snag for the next few days with the onset of Shraad, however, the overall registrations will not be much affected. The skyrocketing registrations are an outcome of well-outlined developer initiatives, which will keep the numbers spirited even without special relaxations on stamp duty or specific tax exemptions.”

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