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The real estate witnesses the unexceptional heights in south Mumbai’s Nariman point

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South Mumbai’s Nariman point and even the secondary business district of Bandra Kurla Complex (BKC) are the exclusive commercial places in Mumbai, says the realty market reports to the www.propertykhazana.com . In Mumbai the residential and commercial properties have reached to the unexceptional heights. The contributors of real estate are Cushman & Wakefield India, according to them in South Central Mumbai the real estate prices have jumped from 30,000 - 40,000 per sq feet, in couple of the years. This happens in excess of demands.
According to the market level in 1995 the properties have grown to the high levels because the developers have maintained large apartments of good quality and also in continued with the old and new projects in the south. In this area it is going to launch 500 apartments estimated approximately in 2,000 sq ft. This may take place over in six to 12 months to steady the prices.
According to the way of life well-equipped gyms, swimming pool, well-developed gardens, and vehicles parking, qualified maintenance and good security are the added amenities. Newly constructed buildings have developed a lot of improvement in construction and enhanced in state-of-the-art designs, earthquake resistant structures and speedy elevators have allotted. Further the reports adding at the www.propertykhazana.com reveals that in BKC the prices have grown up to 25-40%, in South and Central Mumbai have grown up to 25-30% comparing to the previous 12-18 months. Even in northern suburbs the prices has escalated with high appreciations. On the hiring front good quality is maintained.
Then also Nariman Point still holds the significant position. In Malabar Hill apartment of three bedrooms which is in the prime complex measuring 1,800 Sq feet was newly leased for rent of Rs250, 000 per month while Rs100,000 a month for two bed-room house which measures 1,100 square foot flat which is lying in the western suburb of Khar.
Source: NIMMA BENGALURU

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