New Delhi, Feb. 12 -- Residential sales in the crucial Mumbai Metropolitan Region (MMR) are booming. But this would come as a boost to only select listed real estate developers.

In January, the number of housing units registered in MMR rose 12% year-on-year to 12,249, clocking the best-ever registrations for the month, showed government data compiled by Nuvama Research. The value of units surged 31% year-on-year to around Rs.16,600 crore.

Macrotech Developers Ltd (Lodha) and Godrej Properties Ltd would be among the beneficiaries even as they are expanding into new geographies. Backed by a robust performance in the nine months to December (9MFY25), both companies are confident of meeting and/or surpassing their FY25 pre-sales guidance, l...