During the same period, 23,677 new units were launched in the city. The average weighted residential price saw a 6% YoY increase, reaching Rs8,056 per sq ft, the highest in the country.
Mumbai also recorded a 10% YoY growth in the Rs5mn to 10mn ticket size category during Q3 2024, which accounted for 24% of the city's total sales. The under Rs5 mn segment saw the highest volume, with 10,198 units sold, representing 42% of total sales. Meanwhile, the Rs10mn and above category experienced a 16% YoY growth, increasing from 7,018 units in Q3 of 2023 to 8,153 units in Q3 of 2024.
This story is from the October 04, 2024 edition of The Free Press Journal.
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This story is from the October 04, 2024 edition of The Free Press Journal.
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