10-15% Fall Expected in Mumbai Property Rates by year End: Experts

Published: June 2, 2011

Property prices in India’s financial capital Mumbai have surged 40 percent in less than two years, even surpassing peaks reached in 2008. Homes in Mumbai’s prime locations, for example, can cost up to $2,000 a square feet. But warning signs have emerged to suggest that a correction might be around the corner. Real estate firm [...]

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