Mumbai prices crash as developers struggle for funds, buyers wait and watch
Publish on : 2020-09-24 12:27:26
“Today developers are ready to sell at Rs 40,000 a square foot. Last year, they were selling at Rs 50,000 sq ft, “ says Sudha Kumari, a real estate broker in Dadar, Mumbai.
That is a 20 per cent lower than last year’s prices.
“Developers are worried about their loans. They want to sell but b...