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Property price in Bandra is highest in Mumbai region

Bandra-Khar is known as the costliest real estate belt in Mumbai region. The property price in this area has increased rapidly despite a market slowdown.

Properties in Carter Road, Bandstand and Pali Hill are increasing noticeably and are now in the same range of properties at Cuffe Parade and Malabar Hill.

Recently, a luxurious apartment in Pali Hill has sold close to Rs 40 crore each by a builder.

The cost of an apartment with a carpet area of 1140 sq ft on Pali Hill is about Rs 7 crore. The average rate at those locations are Rs 25,000 per sq ft.

The price for old 1BHK apartments in Bandra are being quoted at Rs 1.5 crore.

More related stories:

Real estate in Mumbai suffers from high price low sale

Source : Economic Times

One Response to “Property price in Bandra is highest in Mumbai region”

  1. VioletJessy says:

    Bandra is a wonderful place and the property prices are touching the sky.

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