Realty Check: Land Prices in Mumbai Appreciate the Most
Mumbai: The financial capital of India, Mumbai is the most preferred and leading destination for real estate market. Rated among the most expensive property place in India, it has world’s most expensive home, Antilia.
The wealthy Indians and people from various countries contribute heavily towards the growth of the real estate market. The hub of all major financial activities of India, Mumbai headquarters several corporate offices. There is an allowance of floor space index of 1.33 in the main city and 1 in the suburbs, going by the development regulations in the city. Though the city has the most expensive properties, yet it is the most desired place. The city’s real estate market has to deal well with slow-paced infrastructure development, to cope up with the missing connectivity of Mumbai to the larger metropolitan regions in India.
READ MORE: Super Rich Indians Invest Half Their Money In Real Estate
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