Comments on: Mumbai Real Estate Market Updates & Trends

By: Mad Rekha Singh

Mad Rekha Singh — Wed, 12 Oct 2011 12:49:23 +0000

All r speaking Bullshit……………specailly reena singh.
Don’t understand the basic of marketing in realstate, just puting Copy,cut,paste, thinking she can understand the whole scenarioa of Mumbai proprety. Ask her what she know about CRZ and it unquie under changes made by govt….Whather it will be helpful or not our our Builder community?????????????

By: reena singh

reena singh — Mon, 07 Feb 2011 11:06:06 +0000

True guys,well real estate is a booming industry,as of now the price would be going up by the rate of 30 to 40 % at mumbai…..its great time of sell off,but yes later on stage the price will more increase,so this is time when we people thought to buy the house….

By: c153

c153 — Mon, 02 Feb 2009 04:31:31 +0000

Crazy city Bombay is!! Seems like the laws of economics do not hold true in India, especially Bombay. Until demand/supply curves don’t meet in equilibrium and prices don’t come down enough, this melting pot of a city will not shine. Personally, I feel a 50% downturn all over Bombay (especially south Bombay) will be healthy and cause some buying activity. STAY AWAY until then is my advice to all.

By: riathareja

riathareja — Mon, 21 Apr 2008 08:49:26 +0000

So you are attempting to understand the real estate position in Mumbai, but you are not clear in your mind the market picture of real estate in massive Mumbai? To help you, here is a preview of real estate market in Mumbai. Mumbai is going to be the town of the potential. According to the facts & figures, the real estate sector is growing at a blistering 30 per cent annually. Mumbai real estate is among the most expensive in the world – more than that of Tokyo or New York – and there is no shortage of those who can afford to pay. Some of the few successfully completed real estate projects in Mumbai are new airport at Navi Mumbai, New Suburban Trains Project, Bandra-Worli Sealink Project, Santacruz-Chembur Link Project, De -congestion of Prime CBD areas, Current Transportation systems, New Bridges Project, Sprawling Townships Project, Shopping Malls, IT Software Parks, Office complexes and development of Property investment proposition. Now, the city is undergoing redevelopment and restructuring. Various big real estate developers & constructors like DLF, Akruti, Parasvnath are bidding for the redevelopment of Dharavi which is Asia’s biggest slum and Mumbai’s biggest mess. Another interesting trend taking place in Mumbai is the remodeling of commercial spaces to retail spaces. With the property values of commercial spaces touching the sky, developers find it difficult to sell their commercial/office property. Hence, many of them are positioning their property as retail space in a hope to find more takers. Mumbai property market is a case in point. This market needs to be studied carefully as most the property trends arise from this market.For more view- realtydigest.blogspot.com