Why real estate market is booming in Mumbai?

Discussion in 'India property' started by JenniferKelly, Jan 6, 2015.

  1. JenniferKelly

    JenniferKelly New Member

    Hello Friends,

    The real estate market in Mumbai is increasing at a faster rate, what could be the possible reason and do you think the prices of the real estate will reduce in near future?

    Is it right time to invest in real estate?
     
  2. ihpuser

    ihpuser New Member

    As per experts talking: Housing and real-estate will attract lots of investors in Mumbai. "Developers will buy huge tracts of land in Panvel and other locations to develop townships.

    It's a good sign that Navi Mumbai is developing. It will become another developed city in the near future.

    So we can say it is the good sign for real estate in Mumbai.
     
  3. sunnyalex

    sunnyalex New Member

    Investment in real estate is always right option but be careful about where you invest.
     
  4. ashishg

    ashishg New Member

    Real Estate in Mumbai

    Hi Jennifer,

    I believe the real estates prices are gonna increase day by day as their is a huge demand in the real estate market and lot of consumers are looking for different facilities in these new projects. Mumbai is a city which is building some amazing structures presently, for eg. The World Towers, which is a landmark in Indian Real Estate.

    Apart from Mumbai, people are also investing in Hill stations like khandala and Lonavla as the flats and even Row houses are being offered at less price.

    The only important thing is to do a background check about the developer before investing in a property.
     
  5. DeepikaSharma

    DeepikaSharma New Member

    After some time property rate in Mumbai increases.
     
  6. mathapathibng

    mathapathibng New Member

    Not only Mumbai. Real estate is in boom in almost every cities. Mumbai nearby areas will be good option to invest in real estate and demand will increase proportionally.
     
  7. lntrealty

    lntrealty New Member

    Real estate market is booming in Mumbai because day by day the population is growing and people are in search of a residence. Hence, real estate developers keep on constructing new projects with all the luxurious facilities.
     
  8. Jason D.

    Jason D. New Member

    Real estate projects in India take a long time to complete due to a complicated and corrupt regulatory mechanism. Several of India's publicly traded real estate firms are in debt. Experts expect new property prices to fall up to 50% in the next three months in Tier 1 cities.
     
  9. Longterminvestor

    Longterminvestor Active Member

    A fall of 50% is surely a little dramatic? A fall of that nature woud ruin the local financial system not to mention the local economy. Surely that must be a typo?
     
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