JLL

In most metros such as Mumbai, redevelopment of old residential buildings is a normal and desirable occurrence. Without redevelopment, there would be no new supply in the fully developed city centres. Also, redevelopment is necessary because every building has an inbuilt shelf-life, after which it becomes unsafe, unattractive to the market and difficult to maintain. […]

While most people are aware of the falling rupee value and the increasing real estate prices in the city of Mumbai, there may be very few people who may be aware that the average size of apartments in Greater Mumbai has significantly reduced in the last five years. Areas in Thane, Navi Mumbai and Mumbai […]