Mumbai property prices may go down

Monday, March 18, 2024

Mumbai property prices may go down

Property prices in Mumbai are likely to go down, as buyers are reluctant to book new properties at the current price structure. The reason, as experts point out, is perhaps, high prices, and also the existing competition in the city.

Photo by Saviesa Home:

Experts point out that the slowdown will last longer unless promoters choose to lower property prices. A cut of at least 20% in the property prices is needed to again bring demand back.

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