Latest Answer: As we all know that property prices in South Mumbai is too expensive. It is one of the most expensive locations in the country and property price are in the range of Rs (1-1.20)lakh /sq-ft. In south Mumbai, areas such as Carmichael Road, Altamount Road and Malabar Hill command the highest premium in terms of prices, followed by Nepeansea Road, Warden Road and then Peddar Road and Hughes Road.
Q:Good news for those whose bought property in Mumbai and stuck due to change in building regulation, construction begins in many projects that had been stuck for years.
Latest Answer: Hi everybody,
Developers in Mumbai always wanted to buy land and since they mostly did not get financing to buy land, they stretched themselves too thin. In a city like Mumbai known for its sky touching property and land prices, this became a big responsibility, when real estate firms, after having invested heavily, could not launch its projects due to a steady on approvals when development control regulations were amended or coastal regulations were changed.
