Q:It is expected that huge listing and rising demand from home buyers may result in falls in property prices by nearly 20% in the Mumbai metropolitan region over the next few months.
Latest Answer: Mumbai property prices are irrationally kept high by the builders with support of politician and bank bureaucrats. Their contract should be broken. The builders should be forced to clear of their inventories by reducing rate by 25% and pay off their bank loan. This will have a advantageously effect in the economy.
