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Real Estate Forum on Unsold Housing Inventory In Mumbai

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Q: It indicates that the buying properties in Mumbai is beyond the reach of most of the city's prospective home buyers.
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.
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