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Housing sales in Mumbai show upward trend again

Posted on 11 December 2012

The silver lining for the Mumbai real estate residential market may have arrived after almost a year long wait. Led by strong demand and stable pricing, housing sales have finally begun to show an upward trend again.
Khushru Jijina, Managing Partner, Indiareit Fund Advisors says, “If you study it you will see that people were waiting and watching when the prices will come down. I would not say that the prices have fallen drastically but they have stabilised and there are good deals on the table today for both investors and consumers. Also now all the guideline changes effected by Subodh Kumar have into play so the market has stabilised.”……………………………………….Full Article: Source


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