Mumbai’s real estate market capped off FY 2024–25 on a robust note, clocking over 15,603 property registrations in March 2025, a 10.3% year-on-year (YoY) increase, according to data from the Inspector General of Registration (IGR) accessed by Knight Frank India. Stamp duty collections for the month touched ₹1,597 crore, the highest ever recorded in a single month, reflecting a 45% YoY surge. The record-breaking revenue…
Mr. Prashant Sharma on MahaRERA’s New Delivery Deadlines for Amenities
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a crucial mandate requiring real estate developers to provide homebuyers with precise timelines regarding the availability of facilities and amenities within their projects. This regulation stipulates that developers must specify the exact date by which these amenities will be accessible, as well as the anticipated date for obtaining the occupation certificate (OC). This measure aims to…