Registration of properties in Mumbai municipal area up 22 pc annually in Oct to 12,960 units

Property registrations in Mumbai increased by 22 per cent last month, with 12,960 units registered, driven by festival season demand. Navratri and Diwali played a significant role in this rise. Residential units made up 80 per cent of registrations, showing strong housing demand. Stable interest rates and festive offers are expected to continue driving registrations.
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