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About Mumbai

The property prices in Mumbai are outrageous and logical, but they are also subject to market manipulation. One of the primary reasons behind the sky-high property prices in Mumbai is the city's unique geographical attributes. Being surrounded by water on three sides, the circular development of the city is nearly impossible. With this in mind, real estate in Mumbai is in demand. Aside from the sky-high property prices, the city's other issues may also contribute to the sky-high property prices in Mumbai.

There is a lot of demand for real estate in Mumbai, but the supply is also very low. According to a report by Lises Foras, the city can accommodate as many as 1,550,000 housing units on 150 million sq ft of land. If all existing land and apartment projects are completed in the next three years, an estimated 1.5 lakh new houses will be added to Mumbai's unsold inventory. Those estimates are quite enticing, especially in prime areas where there is a scarce supply of land and apartments.

The demand for real estate in Mumbai has increased in recent years as the economy has strengthened. While residential property prices are at an all-time high, many residents opt to sell their prime areas and leverage the proceeds to purchase sub-prime apartments. This has influenced the housing rates in Mumbai historically, and this trend will likely continue to grow in the near future. But for now, investors are waiting for improvements in the housing market before investing in real estate in Mumbai.

Projects in Mumbai

Godrej Projects Kandivali East

Mumbai

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Godrej Horizon Dadar

Wadala, Mumbai

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Godrej Horizon Dadar Wadala

Wadala, Mumbai

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Godrej Project Carmichael Road

Mumbai

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Godrej Projects South Mumbai

South Mumbai

Price staring from - ₹On Request

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