Resale properties in Bhimnagar, Thane West, Thane

Mumbai and Pune have jointly accounted for an impressive 60 per cent of total property sales in top eight cities in the second quarter of 2023.

The residential real estate landscape in Mumbai has shown remarkable resilience and consistent growth in 2023, driven by various factors that shape the inclinations of homebuyers.

Mumbai has always been in the limelight for its residential real estate, the housing projects ranging from luxurious apartments in high-rises and gated communities to affordable, small-sized units in the suburbs. The city's diverse neighbourhoods offer viable housing options, catering to various budget categories.

Property sales in both Mumbai and Pune grew at the fastest pace of 26 per cent YoY each amongst the top eight cities, in the first half of 2023. Both these cities together account for 60 per cent share in the total 1.66 lakh units sold in H1 2023.

Thane West in Mumbai took the top spot on the list of trending realty hotspots in Q2 2023.

Located at the centre of Thane, Nakshatra Group’s Metro Majestic project is an epitome of luxury with proximity

Housing.com data show these 10 localities to have contributed the highest to quarterly sales during the July-September 2020 period

Mumbai-based real estate developer Godrej Properties has entered into a development management agreement with Nirmal Ventures, for a residential project in Thane that will offer 2.1 million sq ft of saleable area

When it comes to renting a house, 1-BHK units are the preferred choice for a large number of home seekers, with IT hubs of the country like Bengaluru, Hyderabad, Chennai and Pune, pushing the rental demand, finds a study by Housing.com