Summary:
When it comes to launching new units, the city still leads in the Mumbai Metropolitan Region (MMR). Of the total 17,180 units sold in MMR in Quarter 3, Mumbai witnessed housing sales of 11,630 units comprising over 68% share of the entire region. On a quarterly basis, housing sales in Mumbai fell by 22% — from 14,850 units in Quarter 2 of 2019. At the same time, Navi Mumbai saw housing sales rise yearly by 5% – with 2,740 units sold in Quarter 3 of 2018 to 2,890 units sold this year. However, on a quarter-on-quarter basis, sales declined by 13% from 3,340 units in Quarter 2 of 2019..