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Why so many apartments being built in Mumbai?
Posted: Mon Feb 12, 2018 2:05 pm
by joquim111
If there is already such an oversupply and many being built and coming online, they just seem to keep building more. Did developers just overestimate demand? Some places rent has dropped up to 30%, and prices have dropped as well, which is a good thing IMO but very surprising especially when Delhi & Bangalore's prices are around double or more.
Why so many apartments being built in Mumbai?
Posted: Wed Jun 27, 2018 12:11 pm
by Dwello
The main reason of so many apartments being build in Mumbai is, there are all type of Incomes receivers in Mumbai. Right from 100/- per day to thousands of rupees per day. And everyone wants a good home with good amenities in-house & around it.
One of the things that Mumbai is adopting is microhousing - Read more on
https://dwello.in/news/micro-home-culture-in-mumbai