Mumbai Real Estate Continues to Remain Stagnant Amidst High Property Prices

Published: March 18, 2011

The real estate market in Mumbai continues to remain stagnant as sale transactions are at an all-time low due to the high property prices. Traditionally, property sales in the city go up between February and April, with March recording the highest number of transactions. But, this year even that does not seem to be happening.
As [...]

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Mumbai Office Market, Sixth Most Expensive Globally - Survey

Published: February 24, 2011

Mumbai has been ranked as the sixth-most expensive office market in the world, according to a global survey by property services firm Cushman & Wakefield.
With office rentals in its main business district averaging $114 a square foot per year, Mumbai ranks behind Hong Kong , London, Tokyo, Rio de Janiero and New York, the report [...]

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Housing prices in Mumbai, Delhi matching 2008 level: JLL

Published: December 20, 2010

Global property consultant Jones Lang LaSalle on Sunday cautioned that housing prices in Delhi-NCR and Mumbai have reached the peak level of 2008 and any further rise in the rates will adversely affect the demand. It said the prices in the rest of the country may firm up by about 10-15% next year to touch [...]

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Property Price Correction Expected in Mumbai and Delhi

Published: November 9, 2010

Property prices in Mumbai and New Delhi are set to decline by almost 15 to 20 per cent in the next couple of months, according to an Indian real estate consultancy.
“A correction is likely to happen in Mumbai and New Delhi property prices. We believe the fall could be in the range of 15 to [...]

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JLLM Predicts More Rise in Mumbai Residential housing prices

Published: April 22, 2010

Residential housing prices in Mumbai are expected to move further upside as sales increase and investor sentiments strengthen, a recent real estate report by Jones Lang LaSalle Meghraj (JLLM) said. “Demand for commercial spaces is improving and will continue to do so until the end of 2010. This will translate in to a large number [...]

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