The lock-in period is set at 48 months for the licensees, and for the entire lease duration in the case of the licensor. The agreements were registered on April 30, showed the documents accessed through CRE Matrix.
Mumbai real estate: Property registrations fall by 4% in May 2025, stamp duty collections rise 3%
Property registrations fell in May 2025 as sales momentum slowed down in the ₹1 crore to ₹5 crore range, according to Knight Frank India