Property in Mumbai commanded Rs 38,000 per square foot
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
Central Mumbai, Healthcare, Mumbai, Prabhadevi, Property, Raising property rates, Residential location, Retail and entertainment