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Property in Mumbai commanded Rs 38,000 per square foot

No Comments Sub Category:Uncategorized Posted On: Dec 02, 2011

There seems to be no barrier to the raising property rates in Mumbai city. Its unbelievable that a property measuring 1,700 square feet in Prabhadevi (Mumbai) was sold for Rs 6.5 crores.

Now this area, Central Mumbai has become a prime residential location only because it is accessible from other areas.

Also this area has a close proximity to quality healthcare, retail and entertainment.

 

Source: The Economic Times

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