Mumbai join hands with Asian major cities to face price fall!
A recent report by DTZ, a real estate consultant cautioned about the realty price fall in major cities like; Singapore and Mumbai due to regression and regulation in the economies.
It’s just the beginning of 2012 and all the major Asian cities have started witnessing 15 to 25 percent drop in residential realty rates!
Coming down to Mumbai, the situation is same, similar trend in the previous year was a highlight!
Even at this point of situation the Hiranandani Constructions experts say that price hike is sure to happen by the end of coming April.
However, investors, developers, property buyers all they have to do is keep guessing and look forward for the fluctuations in India realty. After all, Indian realty proved again as an “unpredictable one”!
Source: Daily News Analysis
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