Wednesday 7 August 2013

Mumbai : Real Estate Prices Might “go up” with time

Mumbai, March 20: Now that Mumbai was born, moment celebrated and sweets distributed, what next? The most pretty thing that comes to once mind is the real estate prices status presently in "Mumbai city".

Real Estae property Developers in Mumbai feel the congress and United progressive alliance's decision on the formation of "Mumbai" from Bombay that will work well for their business in the long time.

Due to the "Mumbai" agitation, it said, residential and commercial property in this city, Resale Property In Mumbai become one of the most earning option for broker or investors in 2013.

"Commercial property in Mumbai" and commercial lease rentals, in additional, will continue to see only a marginal annual increase due to the huge oversupply situation, which is said by one of the expert marketing team.

It is good for everybody that Residential Property Mumbai has become one of the prime investment option to earn more and more in the "year of 2013". "There will immediately be an inflow of investments into the Mumbai city".

"The Real Estate business will pick up, as there is an end to political uncertainty over the problem," Prithviraj Chavan chief executive said the confederation of Real estate constructions association of India, told Real estate business standard.

The after TDS returns would be in the range of 8-9% and he could make a decent rs 12-14 Lakh every year, which would further compound interest, if he stayed in real estate invested.

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