Budget Quote From Mr. Sandeep Ahuja, MD, Atmosphere Living

"Although the IGR numbers for November 2024 are lower than those of the previous months, at approximately 9400 registrations generating  a revenue of +825 crore in stampduty , it is essential to note that the ticket size of the projects sold have increased sharply. The average ticket size has increased from around _80lacs in earlier months to around 1.25lacs  this November.".

This trend reflects a growing preference among buyers for larger, premium properties and realizes the evolving demand for space in response to lifestyle needs. Hence, as ticket size increases, it seems that the market is indeed insisting on quality real estate whereas transaction volume might be erratic. This shift underscores a positive long-term outlook for Mumbai's real estate sector as buyers opt for luxury and space in their property choices.

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