Mumbai, March 13 -- The Mumbai Metropolitan Region (MMR) residential market, including apartments, plots, and villas, recorded 68,082 registered units in the October-December quarter of 2024, marking a 5 percent increase from the previous quarter, according to an Inspector General of Registration (IGR) data review by proptech firm Square Yards.

The total registered home sales value for the quarter stood at Rs 68,025 crore, an 11 percent rise compared to the September 2024 quarter.

The increase in transaction volume and value has pushed the average registered sales value per unit to Rs 1 crore, up 7 percent from Rs 94 lakh in the previous quarter.

Ganesh Devadiga, Sales Director of Square Yards, said the Mumbai region's residential mark...