Search This Blog

Wednesday, May 21, 2014

Mumbai: Flat jumps from Rs 1 cr to 1.46 cr in 2 years

Did you invest in a multi-storey apartment in Mumbai’s Kanjurmarg East two years back? If so, here is a good news for you. The property prices in the locality have increased by 46 per cent in two years, according to PropIndex, a quarterly report by Magicbricks.
Where in Jan-Mar 2012 quarter, the property price was Rs 10000 per sq ft, in Jan-Mar 2014 quarter, it stood at Rs 14600 per sq ft. For instance, a 1000-sq-ft apartment in Kanjurmarg East would now cost about Rs 1.46 crore, which you may have bought about a crore two years back. The area offer property (2 and 3BHK) size ranging from 850-1300 sq ft, as per the data. The data also shows that there are few properties available offering 1 BHK in size range of 500-650 sq ft.

with thanks " magicbricks : LINK : for detailed news.

No comments:

Post a Comment