Mumbai has always been one of the most favorite zones among the real estate investors. After a little slowed down scenario last year, the market has gripped again, though on a little slower note. The number of latest projects introduced this year so far is quite 30% less than it was during the same time last year.
Still, the number of new projects launched in past six months can count at least 200. Though, by the same time last year, the number of new projects launched was well beyond 300. In fact, the statistics say, there are already more than 75k unsold houses in Mumbai itself at present.