The state government netted a stamp duty of Rs 1,134 crore, 21 percent over the year-ago period and 12 percent more than January
Data indicates that more than 1.93 lakh units were sold in the top seven cities in the H1 FY26 with the total sales value exceeding Rs 2.98 lakh crore. This is already 53 percent of the total sales value clocked in entire FY25, which was around Rs 5.59 lakh crore.
Sales across seven cities stood at around 1.07 lakh units for July-September (till date) as against 1.2 lakh in the same quarter last year. The sales represent an 11 percent decline over the same quarter last year, as well as sequentially, according to Anarock
In a trust-deficit market like Mumbai, selling under-construction projects is always a challenge, but the matter has been compounded with excessive competition and inflated prices.
Spot gold had dropped 0.09 percent to USD 1,319.46 an ounce by 0008 GMT. It fell 2 percent on Wednesday as signs of continued economic recovery prompted funds to exit the bullion market after the metal hit a one-month high earlier in the day.
New home sales in the US last month rose to the highest level for more than two years in a further sign the housing market has turned a corner.
Home sales have fallen during the first half of 2012 in all major cities, including National Capital Region (NCR), Mumbai and Bangalore, as buyers postponed purchases in anticipation of cut in interest rates, global property consultant CBRE said in a report.
Due to rising economic and inflationary pressures, rankings for two major metros of the country - Mumbai and New Delhi slid down to 15th and 12th position respectively on the list of foremost real estate investment markets, a survey by consultancy firm PwC said.
Existing home sales rose more than expected in August to the fastest annual pace since March as falling prices and low interest rates drew more buyers into the market, the National Association of Realtors said.
Ashish Chugh, investment analyst and author of Hidden Gems joins CNBC-TV18 to cherry-pick some midcaps that could save your portfolio in these uncertain times. He advices buying shares of Surya Roshni and Ansal Properties at current price for good returns in future.
Factory output in the US central Atlantic region dropped to a two-year low in August and new home sales hit a five-month low in July, the latest signs to suggest the economy is at risk of stalling.
Oil pared gains on Friday as weaker-than-expected US pending home sales data for April triggered fresh concerns about the pace of recovery by the world's largest energy consumer and after a softer dollar initially lent support to prices.