India, March 31 -- In the last two months, high-end property deals worth Rs.800 crore have been reported. This includes both buy-and-sell transactions of luxury apartments in the Mumbai real estate market by high-net-worth individuals.

The luxury segment of Mumbai's real estate market is experiencing a slowdown in sales over the past few months; however, there has simultaneously been a significant uptick in high-end property transactions.

Industry experts attribute this primarily to the financial year-end, with high-net-worth individuals (HNWIs) eager to finalize deals before the March 31 deadline. Additionally, discussions around an impending increase in ready reckoner rates have fueled a sense of urgency to close transactions.

Over t...