Property prices down!
This news comes in as an hurricane! Finally the developers have started cutting down the property rates.
This was the royal time all the prospective buyers were waiting for!
Unbelievable property rates in Mumbai have come down by 10 to 30 percent.
Just to survive in this sluggish real estate market, the city developers are reducing the property rates.
As per the data collected by Maharashtra Chambers of Housing Industry (MCHI), sudden price correction is just to dispose the property that has remained unsold for a long time.
Source: Daily News Analysis
Developers, Hurricane, Maharashtra Chambers of Housing Industry, MCHI, Mumbai, Price correction, Property, Property rates, Prospective buyers, Real-estate market, Reducing property rates, Sluggish real estate market
