Mumbai’s new luxury flats face harsh realty

Out of the total supply of 7,292 luxury apartments in Worli and Prabhadevi, 4,107 remain unsold, according to data compiled by Liases Foras Real Estate Rating and Research Pvt. Ltd. The average cost of an apartment in these areas is ₹10 crore. At the current pace, it may take more than 17 years to dispose of the current stock,shows the data.

https://www.livemint.com/Companies/j7PAiwiugpdE3MGlk0hHpL/Mumbais-new-luxury-flats-face-harsh-realty.html

 

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