April 1, 2008
Mumbai Real Estate Blurbs
So you are lattempting to understand the real estate position in Mumbai, but you are not clear in your mind the market picture of real estate in massive Mumbai?
To help you, here is a preview of real estate market in Mumbai.
Mumbai is going to be the town of the potential. According to the facts & figures, the real estate sector is growing at a blistering 30 per cent annually.
Here are thre main points to consider gerading the real estate market in Mumbai:
At present, Mumbai is the Preferred Real Estate Market in India because Mumbai had created their reliance image in the heart of each and every person by successfully completed real estate projects. Some of them are new airport at Navi Mumbai, New Suburban Trains Project, Bandra-Worli Sealink Project, Santacruz-Chembur Link Project, De -congestion of Prime CBD areas, Current Transportation systems, New Bridges Project, Sprawling Townships Project, Shopping Malls, IT Software Parks, Office complexes and development of Property investment proposition.
The Real Estate Market is Demand in Mumbai because the majority of Big IT, BPO and Call Center Companies started their business setup in Mumbai. Employees are looking forward for residence apartments in each and every segment of Mumbai which has increased the value of real estate in Mumbai.
The current return on investment in real estate is 8 to 11%, while in other sectors the return ration is from 4% to 7%. These influence investors to invest in real estate segment in Mumbai. Thus real estate value in Mumbai is increased dramatically and as a result NRI like to invest their money in Mumbai Real Estate.




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