The registrations of residential properties within the monetary capital of the nation – Mumbai, declined 42 per cent to 10,136 items, in comparison with the earlier month, as a result of second wave of COVID-19 and the expiry of the stamp obligation interval. According to main property marketing consultant Knight Frank India, Mumbai registered a progress of 10,000 residential property registrations in April 2021, nonetheless, solely seven per cent of the registrations have been from the brand new registration gross sales. The remaining have been transacted between December 2020 – March 2021, for which the relevant stamp duties have been paid in the course of the low fee window interval.
