Business
Mumbais Real Estate Market Witnesses Robust 1.11 Lakh Registrations Between Jan-Sep
New Delhi: The Mumbai real estate market continued its upward trajectory this year, recording 1,11,388 property registrations between January to September — up 5.5 per cent from 1,05,607 units in the same period last year, a report said on Tuesday.
According to the latest Inspector General of Registration (IGR) data, 2025 is setting new benchmarks in both property registrations and government revenues, underlining the sector’s resilience and growing significance in India’s economy.
The January-September registration was up 18.1 per cent from 94,307 in 2023.
“When compared with pre-pandemic activity, the scale of growth is even more striking. Registrations in 2025 are more than double the 2019 level (50,045, up 122.6 per cent) and nearly four times the 2020 level (28,822, up 286.6 per cent), when the market was deeply impacted by the COVID-19 outbreak,” Anarock Group said in its latest report, citing IGR data.
Meanwhile, the stamp duty and registration fee collections mirrored this surge in registrations.
In the first nine months of this year, revenues touched a record Rs 10,094.22 crore, surpassing the previous high of Rs 8,876.42 crore in 2024.
This represents a 13.7 per cent increase year-on-year, and a dramatic fivefold rise of 421 per cent compared to 2020 (Rs 1,937.32 crore) during the pandemic slump, the report highlighted.
“This sustained growth is due to a combination of robust housing demand, accelerated infrastructure development, premium project launches, and stable policy frameworks. With 2025 already surpassing the Rs 10,000 crore milestone in just nine months, the year is firmly on track to become the most successful year ever for property registrations and collections,” said Anuj Puri, Chairman, Anarock Group.
The sustained performance points toward a structurally stronger real estate market, driven by both end-users and investors, setting the stage for continued expansion in the years ahead, he added.
The IGR data underscored the real estate sector’s remarkable recovery over the past few years.
In 2019–2020, Registrations and revenues dipped sharply due to the pandemic. In 2021, Market revival began with 86,072 registrations and revenues exceeding Rs 4,252 crore.
The growth continued in 2022 as the revenues crossed the Rs 6,600 crore mark, up 55 per cent from 2021. Further, between 2023–2025, the market not only stabilised but surged, breaking records.
Ford Motor Company CEO Jim Farley speaks at a Ford Pro Accelerate event on September 30, 2025 in Detroit, Michigan.
Bill Pugliano | Getty Images
DETROIT – Ford Motor CEO Jim Farley said he expects demand for all-electric vehicles to be slashed in half next month following the end of federal tax incentives on Wednesday.
Farley on Tuesday said he “wouldn’t be surprised” if sales of EVs fell from a market share of around 10% to 12% this month — which is expected to be a record — to 5% after the incentive program ends.
“I think it’s going to be a vibrant industry, but it’s going to be smaller, way smaller than we thought, especially with the policy change in the tailpipe emissions, plus the $7,500 consumer incentive going away,” he said during a Ford event about promoting skilled trades and workers in Detroit. “We’re going to find out in a month. I wouldn’t be surprised that the EV sales in the U.S. go down to 5%.”
Farley said the industry learned that “partial electrification,” such as hybrids, are easier for customers to accept for the time being.
Farley said his Model e EV team is analyzing the demand for non-gas-powered vehicles each day. The company currently offers a handful of all-electric vehicles, including the F-150 Lightning pickup, which can top $90,000, and Mustang Mach-E crossover in the U.S.
The federal EV incentives of up to $7,500 are coming to an end as part of the Trump administration’s “One Big Beautiful Bill Act,” which stripped the old enticement but included some perks for buying a U.S.-assembled vehicle, regardless of it being an EV.
“Customers are not interested in the $75,000 electric vehicle. They find them interesting. They’re fast, they’re efficient, you don’t go to the gas station, but they’re expensive,” Farley said.
Once the bill was passed, sales of EVs quickly gained traction, especially as some automakers added even more discounts to move out older models.
Cox Automotive forecasts sales of EVs hit 410,000 during the third quarter, up 21% from a year earlier. That would easily be the highest amount of EVs ever sold in a quarter in the U.S., as well as a record 10% market share.
Cox and other industry analysts and executives expect many buyers pulled ahead plans to purchase an EV before the federal incentives sunset.
Farley also said the federal changes mean the auto industry, including Ford, will have to adapt, saying the company will have to figure out what to do with its battery plants and EV capacity.
“We’ll fill them, but it will be more stress, because we had a four-year predictable policy,” Farley said. “Now the policy changed. … We all have to make adjustments, and it’s going to be good for the country, I believe, but it will be one more stress.”
Farley was speaking Tuesday at the automaker’s “Ford Pro Accelerate” event, which features executives from many industries as well as public officials discussing the “essential economy” and need for skilled labor and education.
New Delhi: The Securities and Exchange Board of India (SEBI) on Tuesday once again extended the timeline for implementing its framework on “Safer participation of retail investors in algorithmic trading.”
The regulator said stock brokers will now get more time to comply with the new rules after many brokers and algo vendors requested additional time to make system-related changes.
The framework, which was earlier supposed to come into effect from August 1, 2025, was first postponed to October 1, 2025.
SEBI has now introduced a phased roadmap for implementation to ensure a smooth rollout.
As per the new schedule, brokers must apply for registration of at least one retail algo strategy through an API by October 31.
They will have to complete registration of retail algo products and some strategies by November 30 and participate in at least one full-fledged mock trading session by January 3, 2026.
Brokers who fail to meet these milestones will not be allowed to onboard new retail clients for API-based algo trading from January 5, 2026.
The entire framework, along with detailed operational standards, will become effective for all brokers from April 1, 2026.
Brokers who are not ready to go live by October 1, will also have to submit information about their existing clients as of September 30, to the exchanges.
SEBI said the guidelines aim to clearly define the rights and responsibilities of investors, brokers, algo providers, vendors, and market infrastructure institutions such as exchanges, depositories, and clearing corporations.
Under the rules, all algorithmic trading strategies will need to be registered with stock exchanges and assigned a unique identification.
This mechanism will help exchanges track algo orders placed through Direct APIs. Algo providers will also have to be empanelled with the exchange before registering their products, and the process will have to be done through a trading member before an algo ID is issued.
New Delhi: As the India-European Free Trade Association (EEFTA) Trade and Economic Partnership Agreement (TEPA) comes into effect from October 1, the India-EFTA Desk has been inaugurated as a single-window platform to facilitate EFTA investments in renewable energy, life sciences, engineering, and digital transformation, while fostering joint ventures, SME collaborations, and technology partnerships, the government said on Tuesday.
The TEPA establishes India’s first FTA with four developed European nations and commits USD 100 billion in investments and 1 million direct jobs over 15 years.
India’s exports to EFTA stood at USD 72.37 million in 2024, contributing 0.41 per cent of EFTA’s total imports. This agreement is expected to reduce tariff barriers and expand India’s share in key commodities.
The TEPA enhances market access for goods and services, strengthens intellectual property rights, and fosters sustainable, inclusive development, while supporting Make in India and Atmanirbhar Bharat initiatives.
According to the Ministry of Commerce and Industry, the agreement comprises 14 chapters with the main focus on market access related to goods, rules of origin, trade facilitation, trade remedies, sanitary and phytosanitary measures, technical barriers to trade, investment promotion, market access on services, intellectual property rights, trade and sustainable development and other legal and horizontal provisions.
The EFTA’s market access offer under TEPA covers 100 per cent of non-agri products and a tariff concession on Processed Agricultural Products (PAP).
Sensitivity related to PLI in sectors such as pharma, medical devices and processed food, etc., has been taken while extending offers.
Under the TEPA, the EFTA has offered 92.2 per cent of tariff lines encompassing 99.6 per cent of India’s exports. It includes 100 per cent non-agricultural products and tariff concessions on PAP.
India’s offer to the EFTA covers 82.7 per cent of tariff lines, accounting for 95.3 per cent of the EFTA exports.
Over 80 per cent of these imports are gold, with no change in effective duty on gold. Sensitive sectors protected, including pharma, medical devices, processed food, dairy, soya, coal, and sensitive agricultural products.
“The TEPA presents stronger opportunities in IT, business services, cultural and recreational services, education, and audio-visual services. The TEPA ensures IPR commitments at the TRIPS level. The IPR chapter with Switzerland has a high standard for IPR, showing a robust IPR regime. India’s interests in generic medicines and concerns related to evergreening of patents have been fully addressed,” according to the ministry.
Trump calls Field Marshal Munir’s praise ‘an honour’
Here's how Taylor Swift made Selena Gomez, Benny Blanco's wedding special
Ford CEO expects EV sales to be cut in half after end of tax credits
-
Tech7 days agoOpenAI Teams Up With Oracle and SoftBank to Build 5 New Stargate Data Centers
-
Tech1 week agoWIRED Roundup: The Right Embraces Cancel Culture
-
Sports7 days agoMLB legend Roger Clemens reacts to conviction of man who tried to assassinate Trump
-
Business1 week agoDisney says ‘Jimmy Kimmel Live’ will return to ABC on Tuesday
-
Fashion1 week agoUS’ VF Corp sells Dickies brand to Bluestar Alliance for $600 mn
-
Fashion1 week agoUS’ Tapestry outlines FY27–28 goals, Coach eyes $10 bn revenue
-
Fashion1 week agoLevi’s launches ‘Easy in Levi’s’ with Alia Bhatt & Diljit Dosanjh
-
Fashion1 week agoUS’ JCPenney debuts exclusive Bob Mackie designer collection