| Home prices in Mumbai could fall by five to 15 per cent in the coming months due to inventory with developers, along with a change in the development control rules (DCR). The new rules are expected to result in a number of project launches in the city.
Although the new DCR curbed concessions to developers and asked them to pay premium for additional development rights, there could be clearance awaiting a number of projects that got stuck for over a year due to lack of clarity in rules, according to analysts tracking the sector...............................................Full Article: Source
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