Leading developers and real estate players can take a moan of assistance as property rates have been taking place to show an upward trend in Mumbai. As per the recent survey, Property Index for April June quarter, the prices of the all types of properties have increased unexpectedly in this city. It has been witnessed precisely the rates of assets in Mumbai realty arena improved in the range of 2.5-8.5 % over the previous quarter.
Mumbai has also exposed a decent appreciation in the rates of property through high rise of 2.5 respectively. The time has been started for realty arena to show upward trend from March & April month in Mumbai. And it requires to be observed if this tendency is carried forward. Unsold listing has become the first priority on the property rates and a maintainable surge is possible only if there is good concentration in the looming months. The capital values of the residential property in this city has been pushed up over 65% of the locations this majorly due to growing the demand.
Thane, Andheri East, Kandivali East, Goregaon East and West and Chembur find out the constant demand from property buyers, stockholders and investors. The properties are available for sale on the hot locations of the city. This hi tech city of the country is also looking for new housing pockets due to wide connectivity of industrial & commercial sectors and metro link and closed to workplaces.
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