Mumbai’s residential market at its lowest since 2007: Knight Frank

Published: July 18, 2011

Real-estate sale volumes in Mumbai, one of the strongest residential market in the country, have plummeted more than 70% since its 2007 heydays, says a recent report by global property consultant Knight Frank.
A drop in transaction volumes has hit the Central Mumbai market the hardest as the quantum of unsold inventory makes up over 40% [...]

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Residential Prices in Mumbai going Sky-high once Again

Published: April 28, 2010

Apartments at Ashok Towers in the Parel area of Mumbai command a price of Rs 28,000-29,000 a sq ft. This is higher than what developers were charging at the peak of the property market boom during 2007-08. The prices then were Rs 25,000-26,000 a sq ft. During the slowdown in 2008-09, the rates had come [...]

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