International Property Investment » homebuyers http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Mon, 30 Apr 2012 18:28:08 +0000 en hourly 1 admin admin International Property Investment Blog No No Real Estate Scenario in Mumbai http://internationalpropertyinvestment.com/real-estate-scenario-in-mumbai http://internationalpropertyinvestment.com/real-estate-scenario-in-mumbai#comments Wed, 23 Apr 2008 10:18:35 +0000 Praveen Sequeira mumbai bangalore steady lease http://internationalpropertyinvestment.com/real-estate-scenario-in-mumbai P2.Wk4.jpg

India’s growing popularity as the latest commercial hotspot is slowly turning out to be a bane for all those seeking land in the financial capital of Mumbai. The ever burgeoning real estate market in Mumbai had been blessedly sluggish for the past few months. Though the property prices never came down, the rate of increase remained low - as low as five per cent in areas of Vashi, Goregaon and Thane. However with more and more premium commercial establishments waiting to be constructed, property rates in the financial capital are expected to rise by about 50 per cent or more.

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