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Real Estate Forum on Apartments For Sale In Mumbai

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Q: I heard that property prices in Mumbai have gone down? What is the new update now? Any good reform for buyers?
Latest Answer: Hi all, Can you tell me the current property rates of Andheri east and West? Can i get a 2BHK on lease in those localities? My budget is Rs. 35000-40000/month. What is the current value of residential lease in Andheri East and West?
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Q: How is the real estate in Mumbai now compared to last year? Please throw some light.
Latest Answer: Most part of the previous year witnessed slump in real estate market. However, December 2012 saw a substantial recovery in home sales registrations. But according to the market experts, the rise in property registrations was only due to marketing gimmick and not a sign of revival. As per data from the Director General of Registrations, a total of 6,193 registrations of properties in Mumbai were made as compared to 4,370 in November and 4,115 in October. However, total house registrations in 2012, however, remained lower at 58,202 as compared to 58,422 in 2011.
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