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Real Estate Forum on Mumbai Property Prices

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Is this the end, or start, of Mumbai property price fall?
Latest Answer: Reason was clear. Because Reason, fence-sitters having realized that a price correction of sorts has already happened and given that the capital values have not gone up in the last 2-3 yrs. in spite of annual inflation of 5-8%.
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Q: As per Global Real Estate firm JLL INdia, Mumbai Real Estate Market would appreciate 6% this fiscal (2015-16).
Latest Answer: Good Evening Guys, In some areas, builders are offering discounts up to 10% on the base price of a property to buyers who are serious about making purchases. Other buyers can negotiate the floor rise charges, get them waived off by the authority concerned or those who are not in hurry can book a flat of his choice at the pre-launch stage of a project at competitive prices.
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Latest Answer: It is also notable that Mumbai and Delhi NCR are struggling with inventory more than the rest of the cities. In some of the other cities like Pune or Bangalore, the balance is very much there, we don't anticipate any price correction but NCR, MMR and the border areas of several cities where too much of activity has happened these areas have grown too fast for the appetite of that area, prices should come down.
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