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Q: Does Mumbai's Monorail have all solved all the traffic problem woes of the country.
Latest Answer: Hi, As per a recent survey undertaken a 1000 sqft apartment which was selling at Rs. 90 lakhs in 2009, has gone up to Rs. 2 crore in and around Wadala. Even locality like Chembur witnessed the similar trend. Flats which were costing approx Rs 70 lakhs in 2008-2009 are now costing about 1.5 crore and above. This clearly indicates that after announcement Monorail increased the property to more than double in both the localities.
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