Q:Good news for home-buyers. Launching prices for mid-segment new residential projects witnessed 4-20% drop in 2015 in select micro markets of Mumbai, NCR and Bengaluru.
Latest Answer: As per a report, the submarket of Malad witnessed ticket size reduction by 15% in spite of average launch prices (mid segment) declining by only 8% primarily due to significantly reduced average unit sizes. Thane and Goregaon witnessed a decline in Average Weighted Basic Sale Price by 18% - 20% as well as reduced ticket size of new projects in 2015 compared to 2013.
