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Home > Forum > Mumbai > Real estate News > Down fall in Mumbai Real estate.

Down fall in Mumbai Real estate.

Q: What is the reason for Mumbai facing a down fall in real estate sector suddenly?

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It is said that the real estate sector in Mumbai has witnessed downfall because of the inflationary pressure, rise in property rates and increase in interest rates. It was expected that the sales would be better during Diwali but unfortunately from the beginning of the year the sector is facing downward trend.
Jerome Fernandez


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