Mumbai witnesses over 10000 property registrations in April 2021

Just after the Maharashtra government discontinued the stamp duty waiver on property registrations from April 2021, the month has witnessed the registration of as many as 10,136 properties in Mumbai. The data was made available by Maharashtra’s Department of Registration and Stamps. There was a 43 percent decline in just about a month as March 2021 had registered 17,728 units when the stamp duty waiver of 3 percent was available. However, the number of units registered in April 2021 was up 70 percent compared to the units registered in April 2019 which were 5,940 units. There were zero registrations in April 2020 due to the complete nationwide lockdown amid the first outbreak of COVID-19 in the country.