NRI’s Investing Luxury Properties in Mumbai

01 December 2016 Mumbai is the financial and commercial capital of India that covers an area of 600SqKms. In terms of population, Mumbai ranks the sixth position. Whenever an investment is concerned, Mumbai has been targeted by numerous of investors. Though Mumbai is not their state of origin, the investors find it convincing and profitable to invest in properties in Mumbai. It is likely that any investor would have to dig deep into a pocket for property investment in Mumbai.

Why The Affected Real Estate Markets In Present Times Make A Good Opportunity To Buy A Property ?

12 November 2016 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.