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Stable demand and supply of residential market in Mumbai during April'2015

Q: Which are the project launched in April 2015? Is there any new infrastructural development started in Mumbai?
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1
Thanks Abhi,
What is the capital value of residential property in those localities? I have sold out my old flats in Pune and looking for a 2BHK in Mumbai for end use.
Rajatrawal


@Rajat,
The values may vary depending on the location infrastructure, amenities, facilities and other related issues. The current capital values in those localities are as follows:- Rs. 25000-40000/sq-ft in Lower Parel, Rs. 15000-23000 in Wadala, Rs. 12500-21500/sq-ft in Andheri, Rs. 11500-17000/sq-ft in Ghatkopar, Rs. 6000-9500/sq-ft in Ghodbunder Road and Rs. 6000-9000/sq-ft in Kharghar.
Abhinandsavalla,  Mumbai
26th June 2015


2
Good Morning Samrat,
Majority of the new launches were in the suburbs are Dosti Codename Landmark at Thane, Gundecha Greens at Kandival and Satyam Harmony at Panvel.

Yes, Northern arm of Kherwadi Flyover inaugurated during the month of April'2015.
Abhinandsavalla


Good Morning Abhi,
Which are the key areas in Mumbai for rental as well as for end use? What is the rental rates are going on in the locality? Any idea?
Rajatrawal,  Mumbai
26th June 2015


Well Rajat,
The key areas for both rental as well as for end use are Lower Parel, Wadala, Andheri, Ghatkopar, Ghodbunder Road and Kharghar. Rental value in those areas for a 2BHK apartment in 1000 sq-ft are Rs. 60000-110000/month in Lower Parel, Rs. 35000-55000/month in Wadala, Rs. 32000-55000/month in Andheri, Rs. 30000-45000/month in Ghatkopar, Rs. 12000-25000/month in Ghodbunder Road and Rs. 10000-18000/month in Kharghar.
Abhinandsavalla,  Mumbai
26th June 2015


3

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