Latest Answer: It is true. And if we marked against pan-India figures, the numbers are highly slopped towards the higher ticket sizes in Mumbai. Very few units in the affordable range were available from all these launches and mostly were in the suburban locations. Even if one looks at the overall inventory, there is very little stock Rs 65 lakh in the affordable range of and below in Mumbai's municipal limits.
Latest Answer: Good morning friends!!!!!
And if i am not wrong, it will take at least 40-45 months to find buyers for unsold inventories in Mumbai. The unsold inventory is between 8-12 months in an efficient market.
