Mumbai property market sees 8% surge in August; Rs1,072 crore stamp duty revenue marks 32% YoY growth: Knight Frank

In August 2024, Mumbai recorded 11,735 property registrations, generating Rs 1,072 crore in stamp duty revenue, an 8% rise in registrations and a 32% hike in revenue YoY. Residential properties led the market, with high-value sales surging. The Western and Central Suburbs remain major hubs for property transactions.