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Average flat in Mumbai costs Rs 2.60 crore!

Comments(2) Sub Category:Mumbai,Realty News Posted On: Apr 30, 2012

The real estate developers are worried with the properties in Mumbai not be sold kept pending since long time.

Even in such a kind of scenario, the property prices are increasing.

According to the recent research by Liases Foras, an average apartment in Mumbai costs Rs 2.60 crore.

When compared to year 2011, the property prices has seen a sharp rise by 20 percent.

The average floor area cost as on March 2012 is Rs 17,536 per sq ft. Also, in the recent report by Knight Frank, Mumbai was termed as least city in providing affordable housing.

More related stories:

Luxurious apartments in Mumbai are in high demand

Buying property in Mumbai is a distant dream!

Source: The Financial Express

2 Responses to “Average flat in Mumbai costs Rs 2.60 crore!”

  1. [...] Average flat in Mumbai costs Rs 2.60 crore [...]

  2. [...] Average flat in Mumbai costs Rs 2.60 crore! [...]

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