in the past few yrs, property prices hav gone toooo high. is it because growth in economy.
for a decent house it costs more than 70 lakh.(2 BH)
will their price come down again. is mumbai having so many people who can really afford to buy such houses. what abt the middle class people.
what if there are not many ppl to afford them . will their price come down then???
2006-12-25 14:19:36 · 4 answers · asked by G.factor 1 in Business & Finance ➔ Renting & Real Estate
its bcoz of high demand and less supply
2006-12-25 14:23:56 · answer #1 · answered by elvisjohn 7 · 1⤊ 0⤋
The main reason may be due to commercial development & industrialization.
You can still get a property in Mumbai at prices that fit your budget..
http://www.99acres.com/Mumbai-Real-Estate.htm
2006-12-28 16:37:13 · answer #2 · answered by Praveen K 2 · 0⤊ 0⤋
as there is high popultion and no space for living
2006-12-29 01:07:18 · answer #3 · answered by deept m 1 · 0⤊ 0⤋
http://www.breakingbubble.com/index.htm
2006-12-25 17:02:55 · answer #4 · answered by Anonymous · 0⤊ 0⤋