Shahid Balwa on Realty developers see a cracker of sales in key cities this festival season

Tanmay Sathe23 Oct, 2025Real Estate

Shahid Balwa, vice-chairperson and managing director (MD) of Valor Estate, said property registrations rose to 10,630 units during Navratri-Ganesh Chaturthi — up 23 per cent from 8,604 a year earlier. Balwa attributed the trend to cultural sentiment, attractive developer schemes, and large infrastructure projects, such as the Mumbai Trans Harbour Link, Navi Mumbai International Airport, and metro expansions. “Stable loan rates and goods and services tax (GST) rate relaxations have encouraged purchases, while tangible assets like real estate continue to attract investors,” he said.

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