In the current situation Mumbai is witnessing a more supply and less demand scenario. The builders have to concentrate more on affordable housing rather than posh projects. The current situation will only go up when all the remaining projects get occupied. The rates have also risen swiftly after economic slowdown in realty in 2009. Out of Rs 20,000 crore pumped into land acquisition by developers in Mumbai, Delhi and Bangalore, Rs 12,000 crore was spent in Mumbai alone, leading to high land valuations and inflated rates. Rates have to be maintained for all groups of buyers.