property price in Mumbai suburbs
A five-year analysis of the price trends of residential realty market across 11 cities reveals that the areas of Navi Mumbai and Thane have recorded the highest percentage increase in flat prices across the country. According to the report by JLL (Jones Lang LaSalle), a firm offering specialized real estate services to its clients, the [...] Continue Reading »
While Powai, the Mumbai suburb along the Central Line, has attained a premium tag with respect to real estate, few localities along the same line are still offering residential properties at affordable prices. Bhandup, Ghatkopar, Vikhroli and Mulund are some of those areas. In Powai, the average price is over Rs 11,000 per sq ft. [...] Continue Reading »
The Mumbai suburb too is becoming increasingly unaffordable. Recently, a 950-sqft, 2-BHK flat in Vashi’s sector 17, is now selling for a record sum of Rs 1.21 crore. Another apartment in the same locale, that a broker sold for Rs 82 lakh even six months ago, is now on sale at an asking price of [...] Continue Reading »
Even big corporate entities finding it increasingly difficult to afford space in Mumbai. Cheaper property price in Mumbai suburbs driving MNCs and other corporate groups to the suburbs. The recent report by a real estate research firm shows that even big corporate entities are finding it increasingly difficult to rent or buy space in the [...] Continue Reading »
