flat sales
Drop in sales seem to have no impact on prices of property in Mumbai. Stamp duty and registration data of flat sales clearly indicate a downward trend but developers and investors seem to be holding on to hiking prices in the financial capital. According to Groffr, a group buying portal, Mumbai’s real estate have taken [...] Continue Reading »
Mumbai Metropolitan region (MMR), which normally has an annual flat sales average of 80,000 units, declines with only 45,000 apartments sold in the year 2011-12. According to the Knight Frank research report released on Thursday the market has an unsold inventory of 80,000 flats valued at Rs 1.05 lakh crore. Sales in the financial year 2012 [...] Continue Reading »
