The Mumbai real estate market in 2023 has survived global economic storms and reached unprecedented heights, signifying a turning point. A strong economy, growing disposable incomes, a tendency towards bigger living spaces have laid the groundwork for Mumbai real estate in 2024.

Between 1st October and 13th November 2023, MahaRERA recorded 823 new projects in Maharashtra over the holidays. Mumbai's city and suburbs have 106. This time last year, the state registered 769 projects.

Mumbai real estate, the centre of the Indian property sector, saw a dazzling increase in registrations during Navratri. Under BMC's oversight, property registrations rose to 4,594 units from October 15th to 23rd, 2023.

As the festive bells chime, the real estate market in India unfurls a variety of lucrative property investment opportunities. Celebrations come adorned not just with vibrant lights and joy, but with an array of real estate deals shimmering with potential.

The Reserve Bank of India's Monetary Policy Committee recently announced its decision to maintain the repo rate at 6.5%. This decision has garnered various reactions from the Indian real estate sector

The behaviour of the Indian real estate market varies throughout the year owing to a number of variables, including repo rates, overseas markets, stock markets, political conditions, and many others.