Estate Market On An Upswing In Q2 FY 2022

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.