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Highest rentals and property price in India!

Comments(3) Sub Category:Cities,Realty News Posted On: Apr 30, 2012

Mumbai heads the crown for bearing highest rental and property price midst other Indian cities.

The fact that interest rates being high has made home loans un-affordable.

Coming down to rental prices, again Mumbai stands first in the list followed by Delhi NCR.

The other Indian cities like; Pune, Chennai, Kolkata, Bangalore are nowhere affordable.

All these cities are witnessing appreciation not in property sales but in the capital value of the property.

In context with this scenario, the real estate experts say that future realty transactions in India is completely unpredictable.

More related stories:

Home loans are likely to be cheaper

Rules for house construction

Kochi giving tough competition in Indian realty market

International funds will not invest in India aggressively

Source: The Financial Express

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