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Old Posted Sep 26, 2018, 5:54 AM
SaloniMehta SaloniMehta is offline
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Join Date: Aug 2018
Location: Mumbai, Maharashtra, India
Posts: 10
Luxury residential projects fall out of favour in Mumbai

Real estate developers in Mumbai have shifted focus from selling ultra-luxury projects to either completing them or building mid-income or smaller homes. The change in strategy comes following subdued demand for luxury homes in the country’s financial hub amid an oversupply. Launches of homes costing more than ₹ 10 crore have fallen in the past two years in the key areas of central and south Mumbai.

Source: https://www.livemint.com/Companies/....in-Mumbai.html
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