Relevant:
- Mumbai's Home Sales Drop to Two-Year Low as Unsold Units Climb to a Record
- Mumbai Home Sales Drop to 30-Month Low With Record Number of Unsold Units
- Home Prices in Mumbai Decline 20% From 2010 Peak, Jones Lang LaSalle Says
- Mumbai Developers to Cut Record Home Prices as Sales Decline, IIFL Says
- Beverly Hills witnesses a 23 percent annual decline in home values -- Low interest rates do not mean long-term housing prices will go up. Just look at Japan and their historical interest rates.
2011-03-10 — bloomberg.com
"Mumbai home prices may decline as much as 35 percent over the next two years as record prices and high interest rates deter buyers and developers slash prices to offload rising inventories, according to Liases Foras Real Estate Rating & Research Pvt."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.