unsold apartments in Mumbai
Mumbai’s residential home sales recovered from a three-year low in the quarter ended in March. This increment in sales happened as several new projects in Mumbai were launched during the period. Now a days, Mumbai is India’s most expensive property market. Still the number of unsold apartments are much higher in Mumbai real estate market. [...] Continue Reading »
The rates of properties in Mumbai is increasing along with increase in home loan rates. The real estate sector in Mumbai city is alarming with the increase in number of unsold apartments in Mumbai. According to the recent report by real estate research firm, Liases Foras Mumbai has more than 35,000 units of flats and [...] Continue Reading »
According to the Census Directorate of Maharashtra, more than 4 lakh unsold apartments in Mumbai are available. The data has revealed the actual scenario of the real estate in Maharashtra. As per the records more than 3.7 million houses are lying vacant in the state. The number of the empty flats have been increased to [...] Continue Reading »
The price of apartments in Mumbai are in the increasing side while the builders are not ready to reduce the price. Though the number of unsold flats are high in Mumbai, builders and developers refuse to lower the cost of apartments in Mumbai. The sales ratio did not improved as the buyers are not confident [...] Continue Reading »
According to the census 2011, more than 4lakh apartments are vacant in Mumbai. According to the experts the vacant apartments proves that the builders are holding those properties expecting a rise in price. The experts also said that all vacant apartment do not indicate that they are unsold. There are many instances that NRI’s bought [...] Continue Reading »
