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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Slowdown Hits Mumbai Residential Real Estate Market

Published: March 26, 2011

After a one-year period starting in the third quarter of 2009, which saw a strong recovery with a record 40%-plus increase in prices, the Mumbai residential real estate market has been seeing a slowdown over the past two quarters across various micro markets.
The past six months have seen the return of negotiability in asking prices, [...]

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