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-   -   Luxury residential projects fall out of favour in Mumbai (https://skyscraperpage.com/forum/showthread.php?t=235950)

SaloniMehta Sep 26, 2018 5:54 AM

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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