The Mumbai Metropolitan Region has seen a 25% rise in property sales over the past quarter, with areas like Navi Mumbai and Thane experiencing the most growth. This surge can be attributed to the increasing demand for affordable housing options, with developers like Godrej Properties and Lodha Group launching new projects in these areas.
According to a report by Knight Frank, the average property price in MMR has decreased by 10% over the past year, making it more attractive to homebuyers. The report also states that the sales of residential units in MMR have increased by 30% in the last six months, with 15,000 units being sold in the quarter ending March 2026.
As the demand for housing continues to rise, experts predict that the MMR region will see a significant increase in property sales over the next year, with a projected growth of 20% in the next quarter alone.
