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Signs of property prices falling down in Mumbai

1 Comment Sub Category:Mumbai,Realty News Posted On: Apr 30, 2012

In Mumbai, according to the recent real estate report it was revealed that around 35000 housing sectors is kept unsold!

The real estate developers and builders are more worried about the unsold apartments in Mumbai city.

The total value of unsold properties in Mumbai is around Rs 8,535 crore and it has been predicted that these properties will require minimum of three years to get cleared completely.

However, happy news for the citizens of Mumbai is that there are signs of property rates being reduced in near future.

Yes, the real estate experts in Mumbai say that the 35,000 unsold flats in Mumbai will likely bring down the overall property prices in Mumbai.

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One Response to “Signs of property prices falling down in Mumbai”

» Apartments in Mumbai will be constructed by MHADA in joint venture with private builders says:

May 8, 2012 at 7:26 am

[...] Signs of property prices falling down in Mumbai [...]

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Signs of property prices falling down in Mumbai

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