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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