Mumbai's property market sets new records in January with the highest-ever property registrations and revenue collected through stamp duty charges. The city recorded over 10,872 real estate deals, a 21% increase from last year. Total revenue from stamp duty rose 8.4% to over Rs 750 crores. Despite higher mortgage rates and property prices, Mumbai's property market remains strong due to stable demand and positive sentiment. Homebuyers have confidence in the market, leading to increased property registrations.
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