Property sales registrations in Mumbai fall 30% in June 2011 (In units)
Jan
Feb
Mar
Apr
May
Jun
Total
Sale agreements in 2010
5,822
5,664
7,849
6,523
5,213
6,103
37,174
Sale agreements in 2011
5,111
4,816
5,968
5,047
4,470
4,272
29,684
% change
-12.2
-15.0
-24.0
-22.6
-14.3
-30.0
-20.2
Rental agreements in 2010
7,931
6,794
7,056
9,469
8,944
9,163
49,357
Rental agreements in 2011
7,604
7,351
8,747
8,670
10,225
9,866
52,463
-4.1
8.2
24.0
-8.4
14.3
7.7
6.3
% change
Source: Maharashtra state Stamp and Registration Department Note: These numbers may not reflect sales in that particular month since registrations for sales in new launches would be done with a lag of six-nine months.