Why real estate market is booming in Mumbai?

J

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?
 
ihpuser

ihpuser

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?
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.
 
S

sunnyalex

New Member
Investment in real estate is always right option but be careful about where you invest.
 
A

ashishg

New Member
Real Estate in Mumbai

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?
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.
 
D

DeepikaSharma

New Member
After some time property rate in Mumbai increases.
 
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.
 
J

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.
 
L

Longterminvestor

Administrator
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?
 
M

Myrsa

New Member
Prices are likely to remain stagnant and developers will continue to focus on clearing existing inventory rather than launching new projects as they continue to grapple with regulatory changes like Real estate
 
P

PostBrexitInvestor

Member
Personally, I think the idea of mopping up current supply is the perfect way to create a long-term growth market. Drip feeding the supply into the market, together with new supply, is a recipe for disaster. When do you think that prices will start to recover?
 
D

diyhelp

Active Member
What are the up and coming areas around Mumbai that we should be looking at? Are property investors starting to look outwith the centre of Mumbai?
 
Top