The residential real estate market in Mumbai and the Mumbai Metropolitan Region has shown strong demand, of late. The second quarter of 2022 saw as many as 20,000-plus new residential units being launched across the region.

Mumbai alone saw a quarterly rise of 5 per cent in terms of new launches, indicating a positive upward trajectory for demand of new units in the bustling metropolis.

Zone-wise, the Central Suburbs dominated the supply of new residential units, followed by the Western Suburbs.