India, Nov. 7 -- Mumbai real estate market is witnessing encouraging walk-ins and homebuyer enquiries ahead of Diwali 2026 this festive season, but converting prospective homebuyers into confirmed bookings is taking longer, with experts attributing the trend to rising property prices, increased project launches and geopolitical uncertainties.

Experts say while developers are rolling out attractive festive offers to boost sales, homebuyers are increasingly cautious, spending more time evaluating projects, affordability and market conditions before committing to a purchase.

According to real estate experts, walk-ins and enquiries are higher compared to the corresponding period last year. However, the conversion cycle has slowed, reflectin...