30.07.2012 - Mumbai home prices set for steady rise, says report
Mumbai home prices could rise by 15 to 20 per cent every year over the next five years due to heavy demand from buyers, shows a new study by a unit of ICICI Home Finance. The study revealed, though residential transactions had been slow, a pick-up had been noted over the previous financial year and prices in Mumbai might continue to see an upward trend over the one-year period and grow in double digits in the next five years, says the report by ICICI Property Services...............................................Full Article: Source
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