NAREDCO Maharashtra and 1 Finance Unveil Comprehensive Study

1 Finance, a financial services institution focused on the personal finance space in India, collaborated with National Real Estate Development Council (NAREDCO) Maharashtra NextGen as the Research Partner for Excelerate 3.0. The event unveiled the research report, entailing a detailed examination of Greater Mumbai’s current real estate landscape, including pricing trends, transaction volumes and inventory levels. The key highlights of the research report articulated India’s residential real estate sector undergoing a significant transformation over the past decade, shaped by economic shifts, regulatory changes and evolving consumer preferences. This evolution forms the bedrock of the current market dynamics and challenges that have been observed, particularly in Greater Mumbai and other major metropolitan areas. While challenges in Greater Mumbai’s real estate market are evident, it is crucial to view real estate investment through a broader lens.