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property prices in mumbai

Want Spacious 2BHK Units in Mumbai? Check Out Wadala East

With increasing property prices in Mumbai, it has become increasingly difficult to find spacious apartments in the city. However, if you are looking for spacious 2BHK units in the city, Wadala East may be a good bet. According to a recent news bulletin by CommonFloor, Wadala East is offering a good number of 2BHK units […]

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Apartment Sizes in Mumbai See Significant Fall

The last two years have seen a growing trend of reduced property sizes in key realty markets across the country including Mumbai Metropolitan Region (MMR), Delhi-National Capital Region (NCR) and Bengaluru. This trend has been observed especially in MMR, which is further substantiated by the data available from CommonFloor. Property sizes in MMR go down […]

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Is Mumbai’s Resale Market Heading Towards Price Correction?

The primary market in Mumbai is currently in a stagnant state. On one hand, buyers are expecting a correction in property values while on the other hand, property prices refuse to go down due to increasing construction costs. However interestingly, the resale market in Mumbai seems to be heading towards a price correction. Primary market […]

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Focusing On Lower Configurations Is The Solution For Affordable Housing

Mumbai has a high demand for residential housing. However, Mumbai also faces the inherent problem of high priced housing units which adversely affects sales. This is a prime reason of worry for developers. Mumbai has a high inventory pile up of 67,000 residential units. Focusing on developing lower configuration houses (1 and 2 BHK) is […]

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Ultra-Luxury Apartments in Mumbai See Drop in Sales

While affordable housing within Mumbai has become a dream, there is no dearth of supply of ultra-luxury houses in Mumbai. Most of these flats are located in Central and South Mumbai. As such, these homes attract a specific segment of the population such as businessmen, people in the showbiz industry and high-income earning professionals. Interestingly, […]

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