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Flats in Mumbai

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 Flats in Mumbai 

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The average weighted cost of an apartment in Mumbai is Rs 3.03 crore or Rs 20,449 per square foot

A combination of factors such as distance from the prime South city centres to the suburbs, coupled with lack of robust infrastructure connecting these places, has led to prices surging in the prime city centres and the immediate peripheries such as Prime North (Bandra-Juhu) and South Central (Byculla-Chembur).

Mumbai still has dearth of quality properties in the range between 5 to 20 cr and this void needs to be filled up very quickly. There is perpetual demand for New Homes and Ready Possession Properties are the flavor of the day as Home Buyers prefer to move into their homes after paying such High Values and not suspended in the air like under construction buildings.

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