“Mumbai’s real estate sector is witnessing a significant increase in demand, with sales in August 2024 reaching a new high of 11,559 properties (as of 31st August 2024 at 12 pm), up 6% from August 2023. Mumbai’s real estate market is thriving thanks to lower interest rates and a pipeline of new projects. The MMR region is experiencing significant investment, driven by increasing property values and improved connectivity. The demand for luxury properties is particularly strong in emerging areas like Andheri, Santacruz, Mulund, Goregaon, and Borivali”
